Call reports 2007
SOMERSET HILLS BANK — 2007
What SOMERSET HILLS BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 294,788,000 | 291,328,000 | 296,449,000 | 285,257,000 |
| Total loans | 196,438,000 | 208,275,000 | 209,551,000 | 211,316,000 |
| Allowance for loan losses | 2,170,000 | 2,170,000 | 2,215,000 | 3,201,000 |
| Securities available for sale | 38,438,000 | 36,424,000 | 33,732,000 | 27,517,000 |
| Securities held to maturity | 13,206,000 | 13,420,000 | 13,422,000 | 13,646,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 265,161,000 | 261,853,000 | 266,000,000 | 252,836,000 |
| Interest-bearing deposits | 208,971,000 | 208,499,000 | 211,114,000 | 190,890,000 |
| Noninterest-bearing deposits | 56,190,000 | 53,354,000 | 54,886,000 | 61,946,000 |
| Equity capital | 28,214,000 | 28,276,000 | 29,143,000 | 28,258,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 4,380,000 | 8,865,000 | 13,515,000 | 17,867,000 |
| Interest expense | 1,836,000 | 3,710,000 | 5,634,000 | 7,142,000 |
| Net interest income | 2,544,000 | 5,155,000 | 7,881,000 | 10,725,000 |
| Noninterest income | 598,000 | 1,272,000 | 1,838,000 | 2,383,000 |
| Noninterest expense | 2,378,000 | 4,884,000 | 7,420,000 | 11,120,000 |
| Provision for loan losses | 0 | 0 | 45,000 | 1,031,000 |
| Pretax income | 764,000 | 1,543,000 | 2,254,000 | 960,000 |
| Income tax | 239,000 | 470,000 | 666,000 | 539,000 |
| Net income | 525,000 | 1,073,000 | 1,588,000 | 421,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,167,000 | 27,715,000 | 28,230,000 | 28,254,000 |
| Total capital | 29,337,000 | 29,885,000 | 30,445,000 | 31,335,000 |
| Risk-weighted assets | 241,469,000 | 244,337,000 | 249,006,000 | 246,358,000 |