Call report 2024Q1
SOMERVILLE BANK — 2024Q1
The 22 measures SOMERVILLE BANK reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 263,438,000 | USD | evidence → |
| Total loans | 187,578,000 | USD | evidence → |
| Allowance for loan losses | 2,149,000 | USD | evidence → |
| Securities available for sale | 60,486,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 226,031,000 | USD | evidence → |
| Interest-bearing deposits | 177,858,000 | USD | evidence → |
| Noninterest-bearing deposits | 48,173,000 | USD | evidence → |
| Equity capital | 18,932,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 2,896,000 | USD | evidence → |
| Interest expense | 1,143,000 | USD | evidence → |
| Net interest income | 1,753,000 | USD | evidence → |
| Noninterest income | 90,000 | USD | evidence → |
| Noninterest expense | 1,520,000 | USD | evidence → |
| Provision for loan losses | 45,000 | USD | evidence → |
| Pretax income | 278,000 | USD | evidence → |
| Income tax | 0 | USD | evidence → |
| Net income | 278,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 26,047,000 | USD | evidence → |
Machine access — free, no API key
Every figure shown here about SOMERVILLE BANK — 2024Q1 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.