Call reports 2009
SOMERSET HILLS BANK — 2009
What SOMERSET HILLS BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 316,144,000 | 312,644,000 | 308,891,000 | 329,483,000 |
| Total loans | 209,578,000 | 218,604,000 | 211,033,000 | 211,916,000 |
| Allowance for loan losses | 2,623,000 | 2,774,000 | 2,914,000 | 3,111,000 |
| Securities available for sale | 33,203,000 | 28,128,000 | 34,160,000 | 34,215,000 |
| Securities held to maturity | 12,292,000 | 12,262,000 | 12,262,000 | 12,262,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 272,511,000 | 268,442,000 | 264,016,000 | 284,830,000 |
| Interest-bearing deposits | 205,162,000 | 206,022,000 | 201,262,000 | 219,837,000 |
| Noninterest-bearing deposits | 67,349,000 | 62,420,000 | 62,754,000 | 64,993,000 |
| Equity capital | 30,862,000 | 31,150,000 | 31,807,000 | 32,243,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 3,464,000 | 6,902,000 | 10,394,000 | 13,854,000 |
| Interest expense | 881,000 | 1,795,000 | 2,625,000 | 3,391,000 |
| Net interest income | 2,583,000 | 5,107,000 | 7,769,000 | 10,463,000 |
| Noninterest income | 1,071,000 | 1,787,000 | 2,381,000 | 2,931,000 |
| Noninterest expense | 2,654,000 | 5,263,000 | 7,700,000 | 10,012,000 |
| Provision for loan losses | 450,000 | 600,000 | 750,000 | 950,000 |
| Pretax income | 550,000 | 1,031,000 | 1,700,000 | 2,432,000 |
| Income tax | -82,000 | 32,000 | 227,000 | 441,000 |
| Net income | 632,000 | 999,000 | 1,473,000 | 1,991,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,200,000 | 30,567,000 | 31,041,000 | 31,559,000 |
| Total capital | 32,823,000 | 33,341,000 | 33,955,000 | 34,607,000 |
| Risk-weighted assets | 245,430,000 | 249,949,000 | 244,130,000 | 243,804,000 |