Call report 2024Q2
SOMERSET TRUST COMPANY — 2024Q2
The 22 measures SOMERSET TRUST COMPANY reported to the FFIEC for 2024Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 2,297,347,000 | USD | evidence → |
| Total loans | 1,488,509,000 | USD | evidence → |
| Allowance for loan losses | 18,240,000 | USD | evidence → |
| Securities available for sale | 600,149,000 | USD | evidence → |
| Securities held to maturity | 4,933,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 1,869,636,000 | USD | evidence → |
| Interest-bearing deposits | 1,455,795,000 | USD | evidence → |
| Noninterest-bearing deposits | 413,841,000 | USD | evidence → |
| Equity capital | 142,483,000 | 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 | 59,528,000 | USD | evidence → |
| Interest expense | 20,038,000 | USD | evidence → |
| Net interest income | 39,490,000 | USD | evidence → |
| Noninterest income | 9,106,000 | USD | evidence → |
| Noninterest expense | 35,021,000 | USD | evidence → |
| Provision for loan losses | 199,000 | USD | evidence → |
| Pretax income | 13,439,000 | USD | evidence → |
| Income tax | 2,399,000 | USD | evidence → |
| Net income | 11,040,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 183,939,000 | USD | evidence → |
| Total capital | 203,634,000 | USD | evidence → |
| Risk-weighted assets | 1,668,901,000 | USD | evidence → |