Call reports 2006
SOMERSET TRUST COMPANY — 2006
What SOMERSET TRUST COMPANY reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 431,483,000 | 435,267,000 | 455,350,000 | 445,814,000 |
| Total loans | 261,902,000 | 266,759,000 | 266,455,000 | 271,013,000 |
| Allowance for loan losses | 5,290,000 | 4,658,000 | 4,811,000 | 5,101,000 |
| Securities available for sale | 124,119,000 | 123,713,000 | 140,793,000 | 127,962,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 353,823,000 | 360,637,000 | 368,555,000 | 373,572,000 |
| Interest-bearing deposits | 286,008,000 | 290,465,000 | 290,251,000 | 303,106,000 |
| Noninterest-bearing deposits | 67,815,000 | 70,172,000 | 78,304,000 | 70,466,000 |
| Equity capital | 35,524,000 | 33,789,000 | 38,200,000 | 38,073,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 6,372,000 | 13,017,000 | 19,894,000 | 26,884,000 |
| Interest expense | 2,448,000 | 5,094,000 | 8,001,000 | 11,121,000 |
| Net interest income | 3,924,000 | 7,923,000 | 11,893,000 | 15,763,000 |
| Noninterest income | 1,559,000 | 3,102,000 | 4,720,000 | 6,909,000 |
| Noninterest expense | 4,042,000 | 8,131,000 | 12,159,000 | 16,314,000 |
| Provision for loan losses | 210,000 | 367,000 | 561,000 | 1,004,000 |
| Pretax income | 1,212,000 | 2,504,000 | 3,846,000 | 5,176,000 |
| Income tax | 281,000 | 588,000 | 899,000 | 1,009,000 |
| Net income | 931,000 | 1,916,000 | 2,947,000 | 4,167,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,022,000 | 38,714,000 | 39,456,000 | 40,386,000 |
| Total capital | 41,523,000 | 42,316,000 | 43,119,000 | 44,072,000 |
| Risk-weighted assets | 278,316,000 | 287,069,000 | 291,851,000 | 293,312,000 |
Machine access — free, no API key
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