Call reports 2025
SOMERSET TRUST COMPANY — 2025
What SOMERSET TRUST COMPANY reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 2,395,049,000 | 2,446,947,000 | 2,493,734,000 | 2,440,615,000 |
| Total loans | 1,569,775,000 | 1,640,572,000 | 1,644,299,000 | 1,611,122,000 |
| Allowance for loan losses | 19,533,000 | 20,390,000 | 20,991,000 | 21,330,000 |
| Securities available for sale | 604,829,000 | 606,930,000 | 622,507,000 | 638,713,000 |
| Securities held to maturity | 4,658,000 | 4,658,000 | 4,672,000 | 4,375,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,944,770,000 | 2,012,358,000 | 2,061,042,000 | 2,006,669,000 |
| Interest-bearing deposits | 1,514,019,000 | 1,546,134,000 | 1,602,795,000 | 1,561,518,000 |
| Noninterest-bearing deposits | 430,751,000 | 466,224,000 | 458,247,000 | 445,151,000 |
| Equity capital | 159,116,000 | 158,008,000 | 178,393,000 | 188,780,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 31,621,000 | 65,149,000 | 99,132,000 | 134,040,000 |
| Interest expense | 11,007,000 | 22,274,000 | 33,870,000 | 44,861,000 |
| Net interest income | 20,614,000 | 42,875,000 | 65,262,000 | 89,179,000 |
| Noninterest income | 4,423,000 | 9,152,000 | 14,602,000 | 19,772,000 |
| Noninterest expense | 17,532,000 | 35,523,000 | 54,076,000 | 73,941,000 |
| Provision for loan losses | 989,000 | 2,064,000 | 2,852,000 | 3,458,000 |
| Pretax income | 6,271,000 | 14,122,000 | 22,501,000 | 30,100,000 |
| Income tax | 1,007,000 | 2,336,000 | 3,749,000 | 4,999,000 |
| Net income | 5,264,000 | 11,786,000 | 18,752,000 | 25,101,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 200,717,000 | 206,180,000 | 212,089,000 | 216,189,000 |
| Total capital | 221,919,000 | 228,312,000 | 234,939,000 | 238,543,000 |
| Risk-weighted assets | 1,763,200,000 | 1,833,748,000 | 1,858,962,000 | 1,787,468,000 |