Call reports 2012
SOMERVILLE BANK & TRUST COMPANY, THE — 2012
What SOMERVILLE BANK & TRUST COMPANY, THE reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 199,117,000 | 195,397,000 | 194,572,000 | 202,948,000 |
| Total loans | 91,867,000 | 90,097,000 | 92,576,000 | 93,179,000 |
| Allowance for loan losses | 1,322,000 | 1,319,000 | 1,292,000 | 1,222,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 175,503,000 | 173,017,000 | 172,067,000 | 178,556,000 |
| Interest-bearing deposits | 153,459,000 | 151,898,000 | 150,221,000 | 155,271,000 |
| Noninterest-bearing deposits | 22,044,000 | 21,119,000 | 21,846,000 | 23,285,000 |
| Equity capital | 21,919,000 | 21,948,000 | 22,015,000 | 22,039,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,551,000 | 3,068,000 | 4,566,000 | 6,062,000 |
| Interest expense | 304,000 | 587,000 | 856,000 | 1,108,000 |
| Net interest income | 1,247,000 | 2,481,000 | 3,710,000 | 4,954,000 |
| Noninterest income | 200,000 | 316,000 | 428,000 | 469,000 |
| Noninterest expense | 952,000 | 1,869,000 | 2,799,000 | 3,740,000 |
| Provision for loan losses | -37,000 | -36,000 | -78,000 | -159,000 |
| Pretax income | 532,000 | 964,000 | 1,417,000 | 1,842,000 |
| Income tax | 203,000 | 356,000 | 492,000 | 643,000 |
| Net income | 329,000 | 608,000 | 925,000 | 1,199,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,568,000 | 17,597,000 | 17,664,000 | 17,688,000 |
| Total capital | 18,615,000 | 18,620,000 | 18,692,000 | 18,723,000 |
| Risk-weighted assets | 83,481,000 | 81,523,000 | 82,010,000 | 82,606,000 |