Call reports 2022
SOMERVILLE BANK — 2022
What SOMERVILLE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 260,205,000 | 258,555,000 | 257,194,000 | 259,113,000 |
| Total loans | 163,954,000 | 176,631,000 | 181,152,000 | 184,357,000 |
| Allowance for loan losses | 1,821,000 | 1,850,000 | 1,899,000 | 1,929,000 |
| Securities available for sale | 74,164,000 | 66,218,000 | 61,616,000 | 63,269,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 230,932,000 | 233,274,000 | 232,320,000 | 229,300,000 |
| Interest-bearing deposits | 176,514,000 | 179,392,000 | 176,553,000 | 172,559,000 |
| Noninterest-bearing deposits | 54,418,000 | 53,882,000 | 55,767,000 | 56,741,000 |
| Equity capital | 19,426,000 | 15,818,000 | 12,363,000 | 15,052,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,138,000 | 4,405,000 | 6,811,000 | 9,407,000 |
| Interest expense | 349,000 | 698,000 | 1,029,000 | 1,493,000 |
| Net interest income | 1,789,000 | 3,707,000 | 5,782,000 | 7,914,000 |
| Noninterest income | 150,000 | 229,000 | 319,000 | 452,000 |
| Noninterest expense | 1,423,000 | 2,877,000 | 4,362,000 | 5,972,000 |
| Provision for loan losses | 48,000 | 78,000 | 128,000 | 158,000 |
| Pretax income | 468,000 | 933,000 | 1,581,000 | 2,196,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 468,000 | 933,000 | 1,581,000 | 2,196,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,801,000 | 24,268,000 | 24,566,000 | 24,821,000 |