Call reports 2016
SOMERVILLE BANK — 2016
What SOMERVILLE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 164,237,000 | 163,743,000 | 163,696,000 | 164,224,000 |
| Total loans | 86,708,000 | 91,671,000 | 94,625,000 | 101,372,000 |
| Allowance for loan losses | 1,237,000 | 1,220,000 | 1,126,000 | 1,156,000 |
| Securities available for sale | 15,317,000 | 17,209,000 | 17,354,000 | 17,963,000 |
| Securities held to maturity | 35,038,000 | 33,523,000 | 32,066,000 | 31,689,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 141,997,000 | 141,514,000 | 141,519,000 | 142,591,000 |
| Interest-bearing deposits | 121,270,000 | 121,234,000 | 119,858,000 | 120,877,000 |
| Noninterest-bearing deposits | 20,727,000 | 20,280,000 | 21,661,000 | 21,714,000 |
| Equity capital | 18,846,000 | 18,926,000 | 18,869,000 | 18,312,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,350,000 | 2,733,000 | 4,130,000 | 5,570,000 |
| Interest expense | 277,000 | 561,000 | 849,000 | 1,129,000 |
| Net interest income | 1,073,000 | 2,172,000 | 3,281,000 | 4,441,000 |
| Noninterest income | 208,000 | 435,000 | 628,000 | 660,000 |
| Noninterest expense | 1,148,000 | 2,303,000 | 3,427,000 | 4,567,000 |
| Provision for loan losses | 0 | 30,000 | 80,000 | 110,000 |
| Pretax income | 140,000 | 281,000 | 409,000 | 431,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 140,000 | 281,000 | 409,000 | 431,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,620,000 | 18,611,000 | 18,614,000 | 18,561,000 |
| Total capital | 19,658,000 | 19,701,000 | 19,700,000 | 19,704,000 |
| Risk-weighted assets | 82,780,000 | 86,965,000 | 86,827,000 | 91,407,000 |