Call reports 2013
SOMERVILLE BANK & TRUST COMPANY, THE — 2013
What SOMERVILLE BANK & TRUST COMPANY, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 200,592,000 | 200,669,000 | 204,626,000 | 219,759,000 |
| Total loans | 92,044,000 | 90,144,000 | 90,470,000 | 89,507,000 |
| Allowance for loan losses | 1,115,000 | 1,092,000 | 1,024,000 | 1,016,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 178,011,000 | 178,029,000 | 181,645,000 | 196,561,000 |
| Interest-bearing deposits | 154,847,000 | 156,750,000 | 157,702,000 | 170,677,000 |
| Noninterest-bearing deposits | 23,164,000 | 21,279,000 | 23,943,000 | 25,884,000 |
| Equity capital | 22,087,000 | 22,146,000 | 22,447,000 | 22,721,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,398,000 | 2,799,000 | 4,188,000 | 5,572,000 |
| Interest expense | 221,000 | 414,000 | 592,000 | 752,000 |
| Net interest income | 1,177,000 | 2,385,000 | 3,596,000 | 4,820,000 |
| Noninterest income | 130,000 | 229,000 | 331,000 | 427,000 |
| Noninterest expense | 905,000 | 1,773,000 | 2,654,000 | 3,545,000 |
| Provision for loan losses | -70,000 | -97,000 | -125,000 | -118,000 |
| Pretax income | 472,000 | 938,000 | 1,398,000 | 1,820,000 |
| Income tax | 174,000 | 331,000 | 490,000 | 638,000 |
| Net income | 298,000 | 607,000 | 908,000 | 1,182,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,736,000 | 17,795,000 | 18,096,000 | 18,370,000 |
| Total capital | 18,768,000 | 18,830,000 | 19,120,000 | 19,386,000 |
| Risk-weighted assets | 82,478,000 | 82,742,000 | 83,617,000 | 86,180,000 |