Call reports 2009
SOMERVILLE BANK & TRUST COMPANY, THE — 2009
What SOMERVILLE BANK & TRUST COMPANY, THE reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 184,348,000 | 185,827,000 | 183,114,000 | 186,848,000 |
| Total loans | 105,934,000 | 105,101,000 | 105,882,000 | 105,338,000 |
| Allowance for loan losses | 1,986,000 | 1,897,000 | 1,894,000 | 2,008,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 164,035,000 | 164,970,000 | 162,078,000 | 165,860,000 |
| Interest-bearing deposits | 140,281,000 | 143,050,000 | 143,564,000 | 141,237,000 |
| Noninterest-bearing deposits | 23,754,000 | 21,920,000 | 18,514,000 | 24,623,000 |
| Equity capital | 19,449,000 | 19,786,000 | 20,072,000 | 20,251,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,975,000 | 4,112,000 | 6,198,000 | 8,252,000 |
| Interest expense | 826,000 | 1,591,000 | 2,314,000 | 2,949,000 |
| Net interest income | 1,149,000 | 2,521,000 | 3,884,000 | 5,303,000 |
| Noninterest income | 196,000 | 347,000 | 483,000 | 641,000 |
| Noninterest expense | 1,019,000 | 2,098,000 | 3,104,000 | 4,196,000 |
| Provision for loan losses | 36,000 | -42,000 | 14,000 | 236,000 |
| Pretax income | 290,000 | 812,000 | 1,249,000 | 1,512,000 |
| Income tax | 104,000 | 289,000 | 440,000 | 524,000 |
| Net income | 186,000 | 523,000 | 809,000 | 988,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,974,000 | 15,333,000 | 15,641,000 | 15,842,000 |
| Total capital | 16,085,000 | 16,437,000 | 16,740,000 | 16,947,000 |
| Risk-weighted assets | 88,035,000 | 87,533,000 | 87,152,000 | 87,507,000 |