Call reports 2004
SOMERSET HILLS BANK — 2004
What SOMERSET HILLS BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 170,424,000 | 175,844,000 | 187,385,000 | 181,876,000 |
| Total loans | 121,443,000 | 130,669,000 | 131,136,000 | 143,001,000 |
| Allowance for loan losses | 1,405,000 | 1,512,000 | 1,556,000 | 1,634,000 |
| Securities available for sale | 21,787,000 | 21,293,000 | 20,422,000 | 16,960,000 |
| Securities held to maturity | 7,252,000 | 7,243,000 | 7,388,000 | 5,847,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 150,862,000 | 146,881,000 | 167,012,000 | 158,985,000 |
| Interest-bearing deposits | 120,622,000 | 111,825,000 | 131,754,000 | 117,814,000 |
| Noninterest-bearing deposits | 30,240,000 | 35,056,000 | 35,258,000 | 41,171,000 |
| Equity capital | 18,065,000 | 17,895,000 | 18,627,000 | 18,974,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,834,000 | 3,754,000 | 5,901,000 | 8,202,000 |
| Interest expense | 516,000 | 996,000 | 1,494,000 | 2,019,000 |
| Net interest income | 1,318,000 | 2,758,000 | 4,407,000 | 6,183,000 |
| Noninterest income | 561,000 | 1,442,000 | 2,177,000 | 2,836,000 |
| Noninterest expense | 1,657,000 | 3,538,000 | 5,418,000 | 7,331,000 |
| Provision for loan losses | 0 | 100,000 | 150,000 | 225,000 |
| Pretax income | 222,000 | 562,000 | 1,016,000 | 1,472,000 |
| Income tax | 0 | 27,000 | 71,000 | 113,000 |
| Net income | 222,000 | 535,000 | 945,000 | 1,359,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,711,000 | 17,024,000 | 17,433,000 | 17,848,000 |
| Total capital | 18,116,000 | 18,536,000 | 18,989,000 | 19,482,000 |
| Risk-weighted assets | 144,844,000 | 157,716,000 | 165,445,000 | 171,057,000 |