Call reports 2005
SOMERVILLE BANK & TRUST COMPANY, THE — 2005
What SOMERVILLE BANK & TRUST COMPANY, THE reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 177,006,000 | 176,567,000 | 176,927,000 | 180,906,000 |
| Total loans | 115,575,000 | 116,248,000 | 116,339,000 | 114,881,000 |
| Allowance for loan losses | 2,429,000 | 2,567,000 | 2,586,000 | 2,617,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 157,037,000 | 156,017,000 | 155,702,000 | 159,097,000 |
| Interest-bearing deposits | 133,492,000 | 132,619,000 | 132,334,000 | 133,251,000 |
| Noninterest-bearing deposits | 23,545,000 | 23,398,000 | 23,368,000 | 25,846,000 |
| Equity capital | 18,718,000 | 19,314,000 | 19,928,000 | 20,520,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 2,315,000 | 4,774,000 | 7,356,000 | 10,027,000 |
| Interest expense | 665,000 | 1,417,000 | 2,245,000 | 3,183,000 |
| Net interest income | 1,650,000 | 3,357,000 | 5,111,000 | 6,844,000 |
| Noninterest income | 168,000 | 378,000 | 561,000 | 756,000 |
| Noninterest expense | 928,000 | 1,815,000 | 2,688,000 | 3,584,000 |
| Provision for loan losses | 125,000 | 249,000 | 374,000 | 500,000 |
| Pretax income | 765,000 | 1,671,000 | 2,610,000 | 3,516,000 |
| Income tax | 268,000 | 578,000 | 903,000 | 1,217,000 |
| Net income | 497,000 | 1,093,000 | 1,707,000 | 2,299,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,797,000 | 13,429,000 | 14,078,000 | 14,706,000 |
| Total capital | 13,925,000 | 14,568,000 | 15,226,000 | 15,850,000 |
| Risk-weighted assets | 88,942,000 | 89,702,000 | 90,422,000 | 90,036,000 |