Call reports 2006
SOMERSET HILLS BANK — 2006
What SOMERSET HILLS BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 241,469,000 | 257,573,000 | 268,672,000 | 289,322,000 |
| Total loans | 183,744,000 | 195,043,000 | 186,691,000 | 197,438,000 |
| Allowance for loan losses | 2,046,000 | 2,095,000 | 2,170,000 | 2,170,000 |
| Securities available for sale | 29,822,000 | 28,773,000 | 32,627,000 | 38,638,000 |
| Securities held to maturity | 9,356,000 | 10,205,000 | 10,694,000 | 10,485,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 217,921,000 | 224,794,000 | 244,816,000 | 264,829,000 |
| Interest-bearing deposits | 169,352,000 | 174,985,000 | 194,277,000 | 199,206,000 |
| Noninterest-bearing deposits | 48,569,000 | 49,809,000 | 50,539,000 | 65,623,000 |
| Equity capital | 21,274,000 | 21,266,000 | 22,345,000 | 23,200,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 3,551,000 | 7,378,000 | 11,504,000 | 15,782,000 |
| Interest expense | 1,226,000 | 2,614,000 | 4,303,000 | 6,054,000 |
| Net interest income | 2,325,000 | 4,764,000 | 7,201,000 | 9,728,000 |
| Noninterest income | 656,000 | 1,184,000 | 2,025,000 | 2,869,000 |
| Noninterest expense | 2,148,000 | 4,325,000 | 6,654,000 | 8,999,000 |
| Provision for loan losses | 76,000 | 126,000 | 201,000 | 201,000 |
| Pretax income | 757,000 | 1,497,000 | 2,371,000 | 3,397,000 |
| Income tax | 270,000 | 525,000 | 821,000 | 1,176,000 |
| Net income | 487,000 | 972,000 | 1,550,000 | 2,221,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,461,000 | 20,945,000 | 21,524,000 | 22,195,000 |
| Total capital | 22,507,000 | 23,040,000 | 23,694,000 | 24,365,000 |
| Risk-weighted assets | 213,616,000 | 223,737,000 | 227,144,000 | 236,342,000 |