Call reports 2012
SOMERSET TRUST COMPANY — 2012
What SOMERSET TRUST COMPANY reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 737,453,000 | 761,649,000 | 779,961,000 | 797,044,000 |
| Total loans | 402,802,000 | 418,472,000 | 435,233,000 | 449,203,000 |
| Allowance for loan losses | 6,001,000 | 6,643,000 | 6,930,000 | 7,028,000 |
| Securities available for sale | 259,321,000 | 244,614,000 | 241,180,000 | 252,845,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 5,135,000 | 5,256,000 | 5,382,000 |
| Total deposits | 638,299,000 | 655,635,000 | 671,958,000 | 687,605,000 |
| Interest-bearing deposits | 544,712,000 | 549,195,000 | 563,113,000 | 583,897,000 |
| Noninterest-bearing deposits | 93,587,000 | 106,440,000 | 108,845,000 | 103,708,000 |
| Equity capital | 64,096,000 | 67,981,000 | 71,832,000 | 72,267,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 8,894,000 | 17,619,000 | 26,483,000 | 35,388,000 |
| Interest expense | 1,575,000 | 3,171,000 | 4,706,000 | 6,185,000 |
| Net interest income | 7,319,000 | 14,448,000 | 21,777,000 | 29,203,000 |
| Noninterest income | 1,962,000 | 4,515,000 | 7,090,000 | 9,933,000 |
| Noninterest expense | 6,350,000 | 13,026,000 | 19,653,000 | 27,844,000 |
| Provision for loan losses | 390,000 | 1,140,000 | 1,500,000 | 1,805,000 |
| Pretax income | 3,099,000 | 6,229,000 | 9,191,000 | 11,523,000 |
| Income tax | 467,000 | 1,062,000 | 1,612,000 | 1,926,000 |
| Net income | 2,632,000 | 5,167,000 | 7,579,000 | 9,597,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,011,000 | 63,077,000 | 65,023,000 | 66,420,000 |
| Total capital | 67,271,000 | 69,536,000 | 71,700,000 | 73,300,000 |
| Risk-weighted assets | 500,763,000 | 516,211,000 | 533,568,000 | 549,849,000 |