Call reports 2001
SOMERSET TRUST COMPANY — 2001
What SOMERSET TRUST COMPANY reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 332,314,000 | 336,636,000 | 348,459,000 | 346,693,000 |
| Total loans | 207,342,000 | 213,701,000 | 220,358,000 | 225,713,000 |
| Allowance for loan losses | 3,154,000 | 3,216,000 | 3,373,000 | 3,810,000 |
| Securities available for sale | 82,178,000 | 88,507,000 | 90,573,000 | 78,341,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 233,951,000 | 238,511,000 | 251,916,000 | 251,564,000 |
| Interest-bearing deposits | 193,660,000 | 198,566,000 | 207,829,000 | 207,241,000 |
| Noninterest-bearing deposits | 40,291,000 | 39,945,000 | 44,087,000 | 44,323,000 |
| Equity capital | 28,816,000 | 28,595,000 | 29,877,000 | 29,495,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 6,081,000 | 12,161,000 | 18,129,000 | 24,087,000 |
| Interest expense | 3,275,000 | 6,532,000 | 9,714,000 | 12,733,000 |
| Net interest income | 2,806,000 | 5,629,000 | 8,415,000 | 11,354,000 |
| Noninterest income | 1,014,000 | 1,940,000 | 2,936,000 | 3,943,000 |
| Noninterest expense | 3,039,000 | 6,009,000 | 9,219,000 | 12,394,000 |
| Provision for loan losses | 30,000 | 125,000 | 325,000 | 825,000 |
| Pretax income | 736,000 | 1,429,000 | 1,826,000 | 2,326,000 |
| Income tax | 129,000 | 223,000 | 204,000 | 65,000 |
| Net income | 607,000 | 1,206,000 | 1,622,000 | 2,261,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,278,000 | 28,677,000 | 28,875,000 | 29,296,000 |
| Total capital | 31,094,000 | 31,563,000 | 31,816,000 | 32,253,000 |
| Risk-weighted assets | 223,063,000 | 230,544,000 | 234,888,000 | 235,717,000 |
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