Call reports 2010
SOMERSET HILLS BANK — 2010
What SOMERSET HILLS BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 312,082,000 | 315,953,000 | 323,062,000 | 328,260,000 |
| Total loans | 210,788,000 | 209,361,000 | 213,990,000 | 209,127,000 |
| Allowance for loan losses | 3,186,000 | 3,188,000 | 3,117,000 | 2,875,000 |
| Securities available for sale | 31,506,000 | 32,631,000 | 33,713,000 | 35,993,000 |
| Securities held to maturity | 12,262,000 | 11,527,000 | 11,529,000 | 10,740,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 266,946,000 | 270,045,000 | 276,228,000 | 280,865,000 |
| Interest-bearing deposits | 202,770,000 | 202,859,000 | 209,164,000 | 208,019,000 |
| Noninterest-bearing deposits | 64,176,000 | 67,186,000 | 67,064,000 | 72,846,000 |
| Equity capital | 32,759,000 | 33,512,000 | 34,146,000 | 34,775,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 3,309,000 | 6,689,000 | 10,099,000 | 13,473,000 |
| Interest expense | 641,000 | 1,189,000 | 1,715,000 | 2,193,000 |
| Net interest income | 2,668,000 | 5,500,000 | 8,384,000 | 11,280,000 |
| Noninterest income | 422,000 | 907,000 | 1,486,000 | 2,214,000 |
| Noninterest expense | 2,427,000 | 4,831,000 | 7,208,000 | 9,553,000 |
| Provision for loan losses | 75,000 | 75,000 | 100,000 | 125,000 |
| Pretax income | 588,000 | 1,501,000 | 2,562,000 | 3,816,000 |
| Income tax | 155,000 | 446,000 | 817,000 | 1,246,000 |
| Net income | 433,000 | 1,055,000 | 1,745,000 | 2,570,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,992,000 | 32,614,000 | 33,304,000 | 34,129,000 |
| Total capital | 35,007,000 | 35,621,000 | 36,328,000 | 37,004,000 |
| Risk-weighted assets | 241,057,000 | 240,004,000 | 241,852,000 | 239,035,000 |