Call report 2024Q1
SOMERSET TRUST COMPANY — 2024Q1
The 22 measures SOMERSET TRUST COMPANY 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 | 2,255,874,000 | USD | evidence → |
| Total loans | 1,495,341,000 | USD | evidence → |
| Allowance for loan losses | 18,586,000 | USD | evidence → |
| Securities available for sale | 584,371,000 | USD | evidence → |
| Securities held to maturity | 4,930,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 1,844,826,000 | USD | evidence → |
| Interest-bearing deposits | 1,413,434,000 | USD | evidence → |
| Noninterest-bearing deposits | 431,392,000 | USD | evidence → |
| Equity capital | 140,606,000 | 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 | 29,171,000 | USD | evidence → |
| Interest expense | 9,494,000 | USD | evidence → |
| Net interest income | 19,677,000 | USD | evidence → |
| Noninterest income | 4,473,000 | USD | evidence → |
| Noninterest expense | 17,508,000 | USD | evidence → |
| Provision for loan losses | 0 | USD | evidence → |
| Pretax income | 6,509,000 | USD | evidence → |
| Income tax | 1,269,000 | USD | evidence → |
| Net income | 5,240,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 179,174,000 | USD | evidence → |
| Total capital | 199,411,000 | USD | evidence → |
| Risk-weighted assets | 1,680,837,000 | USD | evidence → |