Call reports 2011
SOMERSET HILLS BANK — 2011
What SOMERSET HILLS BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 323,514,000 | 337,707,000 | 344,126,000 | 363,668,000 |
| Total loans | 220,252,000 | 224,897,000 | 236,314,000 | 235,103,000 |
| Allowance for loan losses | 2,953,000 | 2,986,000 | 2,967,000 | 2,982,000 |
| Securities available for sale | 31,251,000 | 34,859,000 | 36,391,000 | 43,579,000 |
| Securities held to maturity | 10,740,000 | 10,739,000 | 10,738,000 | 10,738,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 275,837,000 | 289,362,000 | 298,286,000 | 316,950,000 |
| Interest-bearing deposits | 207,269,000 | 212,391,000 | 220,641,000 | 234,182,000 |
| Noninterest-bearing deposits | 68,568,000 | 76,971,000 | 77,645,000 | 82,768,000 |
| Equity capital | 35,317,000 | 36,159,000 | 37,060,000 | 37,769,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 3,325,000 | 6,702,000 | 10,186,000 | 13,640,000 |
| Interest expense | 450,000 | 914,000 | 1,359,000 | 1,793,000 |
| Net interest income | 2,875,000 | 5,788,000 | 8,827,000 | 11,847,000 |
| Noninterest income | 387,000 | 756,000 | 1,490,000 | 1,993,000 |
| Noninterest expense | 2,325,000 | 4,577,000 | 7,297,000 | 9,520,000 |
| Provision for loan losses | 75,000 | 105,000 | 200,000 | 220,000 |
| Pretax income | 871,000 | 1,871,000 | 2,829,000 | 4,109,000 |
| Income tax | 277,000 | 610,000 | 817,000 | 1,258,000 |
| Net income | 594,000 | 1,261,000 | 2,012,000 | 2,851,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,723,000 | 35,390,000 | 36,141,000 | 36,980,000 |
| Total capital | 37,676,000 | 38,376,000 | 39,108,000 | 39,962,000 |
| Risk-weighted assets | 250,835,000 | 255,899,000 | 265,984,000 | 265,817,000 |