Call reports 2003
SOMERSET HILLS BANK — 2003
What SOMERSET HILLS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 149,568,000 | 162,449,000 | 184,338,000 | 169,679,000 |
| Total loans | 121,664,000 | 127,745,000 | 143,666,000 | 113,901,000 |
| Allowance for loan losses | 1,309,000 | 1,298,000 | 1,401,000 | 1,417,000 |
| Securities available for sale | 14,310,000 | 11,218,000 | 8,125,000 | 14,798,000 |
| Securities held to maturity | 0 | 0 | 0 | 6,117,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 130,668,000 | 143,111,000 | 164,663,000 | 149,654,000 |
| Interest-bearing deposits | 111,434,000 | 120,782,000 | 139,975,000 | 116,656,000 |
| Noninterest-bearing deposits | 19,234,000 | 22,329,000 | 24,688,000 | 32,998,000 |
| Equity capital | 16,699,000 | 16,980,000 | 17,351,000 | 17,734,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,838,000 | 3,882,000 | 6,118,000 | 7,883,000 |
| Interest expense | 675,000 | 1,331,000 | 1,995,000 | 2,583,000 |
| Net interest income | 1,163,000 | 2,551,000 | 4,123,000 | 5,300,000 |
| Noninterest income | 942,000 | 2,222,000 | 3,468,000 | 4,564,000 |
| Noninterest expense | 1,886,000 | 4,101,000 | 6,303,000 | 8,217,000 |
| Provision for loan losses | 76,000 | 212,000 | 326,000 | 336,000 |
| Pretax income | 149,000 | 466,000 | 968,000 | 1,317,000 |
| Income tax | 39,000 | 84,000 | 132,000 | 144,000 |
| Net income | 110,000 | 382,000 | 836,000 | 1,173,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,426,000 | 15,698,000 | 16,152,000 | 16,489,000 |
| Total capital | 16,735,000 | 16,996,000 | 17,553,000 | 17,906,000 |
| Risk-weighted assets | 127,802,000 | 139,767,000 | 153,988,000 | 138,332,000 |
Machine access — free, no API key
Every figure shown here about SOMERSET HILLS BANK — 2003 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.