Call reports 2011
SOMERVILLE BANK & TRUST COMPANY, THE — 2011
What SOMERVILLE BANK & TRUST COMPANY, THE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 191,449,000 | 189,205,000 | 188,146,000 | 197,876,000 |
| Total loans | 96,149,000 | 94,669,000 | 94,899,000 | 94,381,000 |
| Allowance for loan losses | 1,482,000 | 1,418,000 | 1,406,000 | 1,378,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 169,868,000 | 167,444,000 | 166,189,000 | 174,888,000 |
| Interest-bearing deposits | 149,489,000 | 146,463,000 | 144,884,000 | 149,791,000 |
| Noninterest-bearing deposits | 20,379,000 | 20,981,000 | 21,305,000 | 25,097,000 |
| Equity capital | 21,069,000 | 21,245,000 | 21,390,000 | 21,715,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,726,000 | 3,417,000 | 5,074,000 | 6,693,000 |
| Interest expense | 400,000 | 770,000 | 1,111,000 | 1,432,000 |
| Net interest income | 1,326,000 | 2,647,000 | 3,963,000 | 5,261,000 |
| Noninterest income | 120,000 | 241,000 | 315,000 | 415,000 |
| Noninterest expense | 1,071,000 | 2,097,000 | 3,052,000 | 3,909,000 |
| Provision for loan losses | 146,000 | 97,000 | 129,000 | 111,000 |
| Pretax income | 229,000 | 694,000 | 1,097,000 | 1,656,000 |
| Income tax | 73,000 | 237,000 | 370,000 | 604,000 |
| Net income | 156,000 | 457,000 | 727,000 | 1,052,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,718,000 | 16,894,000 | 17,039,000 | 17,364,000 |
| Total capital | 17,781,000 | 17,938,000 | 18,089,000 | 18,427,000 |
| Risk-weighted assets | 84,630,000 | 83,146,000 | 83,616,000 | 84,732,000 |