Call reports 2004
SOMERVILLE BANK & TRUST COMPANY, THE — 2004
What SOMERVILLE BANK & TRUST COMPANY, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 176,473,000 | 178,576,000 | 170,163,000 | 175,962,000 |
| Total loans | 118,772,000 | 119,331,000 | 119,395,000 | 118,351,000 |
| Allowance for loan losses | 2,522,000 | 2,571,000 | 2,574,000 | 2,433,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 156,086,000 | 157,914,000 | 151,378,000 | 156,572,000 |
| Interest-bearing deposits | 135,104,000 | 135,446,000 | 132,227,000 | 132,250,000 |
| Noninterest-bearing deposits | 20,982,000 | 22,468,000 | 19,151,000 | 24,322,000 |
| Equity capital | 19,039,000 | 19,524,000 | 17,620,000 | 18,221,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,232,000 | 4,424,000 | 6,697,000 | 9,047,000 |
| Interest expense | 605,000 | 1,201,000 | 1,802,000 | 2,436,000 |
| Net interest income | 1,627,000 | 3,223,000 | 4,895,000 | 6,611,000 |
| Noninterest income | 179,000 | 331,000 | 517,000 | 750,000 |
| Noninterest expense | 926,000 | 1,809,000 | 2,626,000 | 3,508,000 |
| Provision for loan losses | 124,000 | 249,000 | 374,000 | 500,000 |
| Pretax income | 756,000 | 1,496,000 | 2,412,000 | 3,353,000 |
| Income tax | 257,000 | 512,000 | 832,000 | 1,172,000 |
| Net income | 499,000 | 984,000 | 1,580,000 | 2,181,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,975,000 | 13,496,000 | 11,628,000 | 12,264,000 |
| Total capital | 14,151,000 | 14,660,000 | 12,770,000 | 13,414,000 |
| Risk-weighted assets | 92,713,000 | 91,693,000 | 89,946,000 | 90,718,000 |