Call reports 2001
SOMERVILLE BANK & TRUST COMPANY, THE — 2001
What SOMERVILLE BANK & TRUST COMPANY, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 182,253,000 | 186,633,000 | 174,196,000 | 174,970,000 |
| Total loans | 130,046,000 | 130,086,000 | 129,903,000 | 126,272,000 |
| Allowance for loan losses | 1,042,000 | 4,802,000 | 4,684,000 | 4,479,000 |
| Securities available for sale | 7,471,000 | 18,311,000 | 9,491,000 | 3,186,000 |
| Securities held to maturity | 13,282,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 157,852,000 | 156,865,000 | 155,558,000 | 156,525,000 |
| Interest-bearing deposits | 139,093,000 | 139,714,000 | 137,567,000 | 136,135,000 |
| Noninterest-bearing deposits | 18,759,000 | 17,151,000 | 17,991,000 | 20,390,000 |
| Equity capital | 22,320,000 | 27,471,000 | 16,195,000 | 15,973,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 3,584,000 | 3,489,000 | 6,914,000 | 10,023,000 |
| Interest expense | 1,954,000 | 1,792,000 | 3,486,000 | 4,861,000 |
| Net interest income | 1,630,000 | 1,697,000 | 3,428,000 | 5,162,000 |
| Noninterest income | 210,000 | 189,000 | 387,000 | 584,000 |
| Noninterest expense | 954,000 | 900,000 | 1,860,000 | 2,879,000 |
| Provision for loan losses | 148,000 | 0 | 0 | 0 |
| Pretax income | 742,000 | 987,000 | 2,106,000 | 3,234,000 |
| Income tax | 323,000 | 345,000 | 725,000 | 1,173,000 |
| Net income | 419,000 | 642,000 | 1,381,000 | 2,061,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,279,000 | 22,238,000 | 11,049,000 | 9,531,000 |
| Total capital | 23,321,000 | 23,666,000 | 12,445,000 | 10,874,000 |
| Risk-weighted assets | 111,358,000 | 111,173,000 | 108,426,000 | 104,017,000 |