Call reports 2014
SOMERVILLE BANK — 2014
What SOMERVILLE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 173,809,000 | 170,420,000 | 168,283,000 | 165,355,000 |
| Total loans | 96,704,000 | 96,154,000 | 94,010,000 | 96,130,000 |
| Allowance for loan losses | 998,000 | 999,000 | 1,090,000 | 1,098,000 |
| Securities available for sale | 14,957,000 | 14,817,000 | 14,538,000 | 14,472,000 |
| Securities held to maturity | 40,163,000 | 40,483,000 | 40,035,000 | 41,319,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 152,298,000 | 148,453,000 | 146,107,000 | 143,124,000 |
| Interest-bearing deposits | 132,300,000 | 129,410,000 | 127,624,000 | 124,132,000 |
| Noninterest-bearing deposits | 19,998,000 | 19,043,000 | 18,483,000 | 18,992,000 |
| Equity capital | 17,605,000 | 18,085,000 | 18,378,000 | 18,577,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,540,000 | 3,072,000 | 4,609,000 | 6,057,000 |
| Interest expense | 302,000 | 596,000 | 889,000 | 1,176,000 |
| Net interest income | 1,238,000 | 2,476,000 | 3,720,000 | 4,881,000 |
| Noninterest income | 104,000 | 387,000 | 630,000 | 846,000 |
| Noninterest expense | 1,053,000 | 2,127,000 | 3,198,000 | 4,345,000 |
| Provision for loan losses | 50,000 | 110,000 | 170,000 | 230,000 |
| Pretax income | 239,000 | 626,000 | 982,000 | 1,152,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 239,000 | 626,000 | 982,000 | 1,152,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,097,000 | 18,291,000 | 18,540,000 | 18,610,000 |
| Total capital | 19,095,000 | 19,290,000 | 19,630,000 | 19,708,000 |
| Risk-weighted assets | 88,914,000 | 89,411,000 | 89,042,000 | 90,339,000 |
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