Home > Somerset Savings Bank > Assets and Liabilities
Somerset Savings Bank, Assets and Liabilities
1997-12-31 | Rank | |
# of Employees: | 145 | 1,215 |
Assets and Liabilities | ||
Total Assets: | $539,869,000 | 883 |
Cash and due from depository institutions | $7,908,000 | 1,215 |
Interest-bearing balances | $177,000 | 4,139 |
Securities | $91,472,000 | 1,257 |
Federal funds sold & reverse repurchase agreements | $2,805,000 | 4,113 |
Net loans & leases | $412,177,000 | 744 |
Loan loss allowance | $7,668,000 | 582 |
Trading account assets | $0 | 203 |
Bank premises and fixed assets | $12,468,000 | 593 |
Other real estate owned | $5,908,000 | 1,215 |
Goodwill and other intangibles | $0 | 3,571 |
All other assets | $7,131,000 | 1,123 |
Life insurance assets | $0 | 1 |
Total liabilities and capital | $539,869,000 | 883 |
Total liabilities | $503,992,000 | 856 |
Total deposits | $456,031,000 | 822 |
Interest-bearing deposits | $430,479,000 | 743 |
Deposits held in domestic offices | $456,031,000 | 816 |
% insured | 0.00% | 1 |
Federal funds purchased & repurchase agreements | $0 | 3,723 |
Trading liabilities | $0 | 80 |
Other borrowed funds | $43,376,000 | 613 |
Subordinated debt | $0 | 260 |
All other liabilities | $4,585,000 | 1,079 |
Total equity capital | $35,877,000 | 1,248 |
Total bank equity capital | $35,877,000 | 1,248 |
Perpetual preferred stock | $0 | 223 |
Common stock | $16,659,000 | 222 |
Surplus | $18,652,000 | 922 |
Undivided profits | $566,000 | 9,348 |
Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
Memoranda | ||
Noncurrent loans and leases | $3,238,000 | 877 |
Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,731 |
Income earned, not collected on loans | $2,451,000 | 883 |
Earning assets | $506,631,000 | 863 |
Long-term assets (5+ years) | $137,859,000 | 577 |
Average Assets, year-to-date | $522,937,800 | 870 |
Average Assets, quarterly | $530,179,000 | 887 |
Volatile liabilities | $87,759,000 | 914 |
Insider loans | $1,511,000 | 2,608 |
FHLB advances | $0 | 780 |
Loans and leases held for sale | $0 | 1,579 |
Unused loan commitments | $29,784,000 | 1,585 |
Tier 1 (core) risk-based capital | $35,577,000 | 1,181 |
Tier 2 risk-based capital | $4,699,440 | 748 |
Total risk weighted assets | $372,986,640 | 811 |
Total unused commitments | $29,784,000 | 1,588 |
Derivatives | $0 | 533 |
1996-12-31 | Rank | |
# of Employees: | 147 | 1,255 |
Assets and Liabilities | ||
Total Assets: | $517,395,000 | 944 |
Cash and due from depository institutions | $8,255,000 | 1,255 |
Interest-bearing balances | $1,277,000 | 2,109 |
Securities | $92,542,000 | 1,284 |
Federal funds sold & reverse repurchase agreements | $0 | 8,460 |
Net loans & leases | $388,720,000 | 807 |
Loan loss allowance | $6,236,000 | 740 |
Trading account assets | $0 | 240 |
Bank premises and fixed assets | $12,512,000 | 603 |
Other real estate owned | $8,928,000 | 1,255 |
Goodwill and other intangibles | $0 | 3,437 |
All other assets | $6,438,000 | 1,297 |
Life insurance assets | $0 | 1 |
Total liabilities and capital | $517,395,000 | 944 |
Total liabilities | $487,547,000 | 911 |
Total deposits | $442,553,000 | 888 |
Interest-bearing deposits | $423,568,000 | 788 |
Deposits held in domestic offices | $442,553,000 | 881 |
% insured | 0.00% | 1 |
Federal funds purchased & repurchase agreements | $0 | 3,907 |
Trading liabilities | $0 | 97 |
Other borrowed funds | $40,483,000 | 662 |
Subordinated debt | $0 | 298 |
All other liabilities | $4,511,000 | 1,081 |
Total equity capital | $29,848,000 | 1,514 |
Total bank equity capital | $29,848,000 | 1,514 |
Perpetual preferred stock | $0 | 250 |
Common stock | $16,652,000 | 239 |
Surplus | $18,597,000 | 975 |
Undivided profits | $-5,401,000 | 11,410 |
Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
Memoranda | ||
Noncurrent loans and leases | $6,203,000 | 592 |
Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,832 |
Income earned, not collected on loans | $2,436,000 | 902 |
Earning assets | $482,539,000 | 933 |
Long-term assets (5+ years) | $98,922,000 | 729 |
Average Assets, year-to-date | $511,160,800 | 927 |
Average Assets, quarterly | $514,145,000 | 947 |
Volatile liabilities | $48,688,000 | 1,421 |
Insider loans | $1,539,000 | 2,634 |
FHLB advances | $0 | 882 |
Loans and leases held for sale | $0 | 1,560 |
Unused loan commitments | $24,517,000 | 1,770 |
Tier 1 (core) risk-based capital | $29,848,000 | 1,433 |
Tier 2 risk-based capital | $4,607,690 | 777 |
Total risk weighted assets | $366,986,590 | 834 |
Total unused commitments | $24,517,000 | 1,785 |
Derivatives | $20,000,000 | 378 |
1995-12-31 | Rank | |
# of Employees: | 149 | 1,282 |
Assets and Liabilities | ||
Total Assets: | $506,450,000 | 977 |
Cash and due from depository institutions | $12,581,000 | 1,282 |
Interest-bearing balances | $6,277,000 | 775 |
Securities | $66,008,000 | 1,900 |
Federal funds sold & reverse repurchase agreements | $0 | 9,298 |
Net loans & leases | $396,744,000 | 800 |
Loan loss allowance | $7,136,000 | 703 |
Trading account assets | $0 | 261 |
Bank premises and fixed assets | $12,618,000 | 592 |
Other real estate owned | $11,510,000 | 1,282 |
Goodwill and other intangibles | $0 | 3,181 |
All other assets | $6,989,000 | 1,253 |
Life insurance assets | $0 | 1 |
Total liabilities and capital | $506,450,000 | 977 |
Total liabilities | $479,415,000 | 946 |
Total deposits | $434,034,000 | 917 |
Interest-bearing deposits | $417,733,000 | 842 |
Deposits held in domestic offices | $434,034,000 | 906 |
% insured | 0.00% | 1 |
Federal funds purchased & repurchase agreements | $0 | 3,736 |
Trading liabilities | $0 | 110 |
Other borrowed funds | $40,447,000 | 604 |
Subordinated debt | $0 | 337 |
All other liabilities | $4,934,000 | 1,051 |
Total equity capital | $27,035,000 | 1,671 |
Total bank equity capital | $27,035,000 | 1,671 |
Perpetual preferred stock | $0 | 288 |
Common stock | $16,652,000 | 254 |
Surplus | $18,597,000 | 969 |
Undivided profits | $-8,214,000 | 11,938 |
Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
Memoranda | ||
Noncurrent loans and leases | $4,741,000 | 792 |
Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,782 |
Income earned, not collected on loans | $2,614,000 | 884 |
Earning assets | $469,029,000 | 976 |
Long-term assets (5+ years) | $91,232,000 | 745 |
Average Assets, year-to-date | $515,209,400 | 934 |
Average Assets, quarterly | $508,439,000 | 966 |
Volatile liabilities | $41,667,000 | 1,472 |
Insider loans | $1,594,000 | 2,633 |
FHLB advances | $0 | 855 |
Loans and leases held for sale | $0 | 1,606 |
Unused loan commitments | $19,640,000 | 2,022 |
Tier 1 (core) risk-based capital | $27,035,000 | 1,590 |
Tier 2 risk-based capital | $4,627,910 | 782 |
Total risk weighted assets | $367,724,810 | 853 |
Total unused commitments | $19,640,000 | 2,032 |
Derivatives | $20,000,000 | 446 |
1994-12-31 | Rank | |
# of Employees: | 140 | 1,412 |
Assets and Liabilities | ||
Total Assets: | $514,727,000 | 933 |
Cash and due from depository institutions | $8,151,000 | 1,412 |
Interest-bearing balances | $177,000 | 4,753 |
Securities | $62,354,000 | 2,121 |
Federal funds sold & reverse repurchase agreements | $2,000,000 | 3,726 |
Net loans & leases | $400,693,000 | 786 |
Loan loss allowance | $8,121,000 | 652 |
Trading account assets | $0 | 286 |
Bank premises and fixed assets | $13,015,000 | 564 |
Other real estate owned | $23,859,000 | 1,412 |
Goodwill and other intangibles | $0 | 3,133 |
All other assets | $4,655,000 | 1,792 |
Life insurance assets | $0 | 1 |
Total liabilities and capital | $514,727,000 | 933 |
Total liabilities | $489,303,000 | 899 |
Total deposits | $414,525,000 | 939 |
Interest-bearing deposits | $394,472,000 | 862 |
Deposits held in domestic offices | $414,525,000 | 928 |
% insured | 0.00% | 1 |
Federal funds purchased & repurchase agreements | $0 | 4,788 |
Trading liabilities | $0 | 87 |
Other borrowed funds | $70,447,000 | 453 |
Subordinated debt | $0 | 372 |
All other liabilities | $4,331,000 | 1,002 |
Total equity capital | $25,424,000 | 1,639 |
Total bank equity capital | $25,424,000 | 1,639 |
Perpetual preferred stock | $0 | 310 |
Common stock | $16,652,000 | 252 |
Surplus | $20,842,000 | 828 |
Undivided profits | $-12,070,000 | 12,574 |
Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
Memoranda | ||
Noncurrent loans and leases | $8,169,000 | 538 |
Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,752 |
Income earned, not collected on loans | $2,395,000 | 839 |
Earning assets | $465,224,000 | 941 |
Long-term assets (5+ years) | $91,456,000 | 721 |
Average Assets, year-to-date | $515,830,600 | 898 |
Average Assets, quarterly | $514,676,000 | 922 |
Volatile liabilities | $97,978,000 | 829 |
Insider loans | $1,679,000 | 2,426 |
FHLB advances | $0 | 993 |
Loans and leases held for sale | $0 | 1,430 |
Unused loan commitments | $19,894,000 | 1,919 |
Tier 1 (core) risk-based capital | $25,424,000 | 1,628 |
Tier 2 risk-based capital | $4,657,180 | 763 |
Total risk weighted assets | $369,110,680 | 808 |
Total unused commitments | $19,894,000 | 1,932 |
Derivatives | $0 | 687 |
1993-12-31 | Rank | |
# of Employees: | 139 | 1,513 |
Assets and Liabilities | ||
Total Assets: | $513,910,000 | 938 |
Cash and due from depository institutions | $6,465,000 | 1,513 |
Interest-bearing balances | $177,000 | 5,867 |
Securities | $40,840,000 | 3,411 |
Federal funds sold & reverse repurchase agreements | $2,100,000 | 5,553 |
Net loans & leases | $401,131,000 | 759 |
Loan loss allowance | $8,254,000 | 677 |
Trading account assets | $0 | 330 |
Bank premises and fixed assets | $13,504,000 | 546 |
Other real estate owned | $42,880,000 | 1,513 |
Goodwill and other intangibles | $0 | 3,091 |
All other assets | $6,990,000 | 1,233 |
Life insurance assets | $0 | 1 |
Total liabilities and capital | $513,910,000 | 938 |
Total liabilities | $480,659,000 | 931 |
Total deposits | $429,566,000 | 929 |
Interest-bearing deposits | $411,371,000 | 861 |
Deposits held in domestic offices | $429,566,000 | 918 |
% insured | 0.00% | 1 |
Federal funds purchased & repurchase agreements | $0 | 3,944 |
Trading liabilities | $0 | 1 |
Other borrowed funds | $47,000,000 | 490 |
Subordinated debt | $0 | 413 |
All other liabilities | $4,093,000 | 1,089 |
Total equity capital | $33,251,000 | 1,226 |
Total bank equity capital | $33,251,000 | 1,226 |
Perpetual preferred stock | $0 | 343 |
Common stock | $16,652,000 | 256 |
Surplus | $20,842,000 | 791 |
Undivided profits | $-4,243,000 | 13,123 |
Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
Memoranda | ||
Noncurrent loans and leases | $8,357,000 | 672 |
Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,950 |
Income earned, not collected on loans | $2,447,000 | 737 |
Earning assets | $444,248,000 | 996 |
Long-term assets (5+ years) | $96,354,000 | 692 |
Average Assets, year-to-date | $526,279,400 | 905 |
Average Assets, quarterly | $522,348,500 | 922 |
Volatile liabilities | $75,711,000 | 914 |
Insider loans | $799,000 | 4,367 |
FHLB advances | $0 | 821 |
Loans and leases held for sale | $0 | 1,681 |
Unused loan commitments | $13,894,000 | 2,452 |
Tier 1 (core) risk-based capital | $33,251,000 | 1,188 |
Tier 2 risk-based capital | $4,954,930 | 733 |
Total risk weighted assets | $393,095,030 | 783 |
Total unused commitments | $13,894,000 | 2,473 |
Derivatives | $0 | 714 |
1992-12-31 | Rank | |
# of Employees: | 136 | 1,582 |
Assets and Liabilities | ||
Total Assets: | $528,779,000 | 951 |
Cash and due from depository institutions | $6,752,000 | 1,582 |
Interest-bearing balances | $177,000 | 6,442 |
Securities | $23,947,000 | 5,339 |
Federal funds sold & reverse repurchase agreements | $0 | 11,296 |
Net loans & leases | $425,796,000 | 736 |
Loan loss allowance | $10,192,000 | 613 |
Trading account assets | $0 | 344 |
Bank premises and fixed assets | $14,144,000 | 539 |
Other real estate owned | $52,585,000 | 1,582 |
Goodwill and other intangibles | $0 | 3,106 |
All other assets | $5,555,000 | 1,516 |
Life insurance assets | $0 | 1 |
Total liabilities and capital | $528,779,000 | 951 |
Total liabilities | $517,097,000 | 918 |
Total deposits | $428,252,000 | 989 |
Interest-bearing deposits | $414,923,000 | 906 |
Deposits held in domestic offices | $428,252,000 | 979 |
% insured | 0.00% | 1 |
Federal funds purchased & repurchase agreements | $0 | 3,764 |
Trading liabilities | $0 | 1 |
Other borrowed funds | $85,150,000 | 316 |
Subordinated debt | $0 | 482 |
All other liabilities | $3,695,000 | 1,167 |
Total equity capital | $11,682,000 | 3,280 |
Total bank equity capital | $11,682,000 | 3,280 |
Perpetual preferred stock | $0 | 346 |
Common stock | $4,600,000 | 841 |
Surplus | $44,353,000 | 433 |
Undivided profits | $-37,271,000 | 13,923 |
Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
Memoranda | ||
Noncurrent loans and leases | $16,086,000 | 520 |
Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1 |
Income earned, not collected on loans | $3,002,000 | 689 |
Earning assets | $449,920,000 | 1,005 |
Long-term assets (5+ years) | $84,278,000 | 729 |
Average Assets, year-to-date | $533,165,600 | 946 |
Average Assets, quarterly | $527,659,000 | 952 |
Volatile liabilities | $120,725,000 | 662 |
Insider loans | $294,000 | 2,964 |
FHLB advances | $0 | 832 |
Loans and leases held for sale | $0 | 1,207 |
Unused loan commitments | $10,337,000 | 2,896 |
Tier 1 (core) risk-based capital | $11,682,000 | 3,218 |
Tier 2 risk-based capital | $5,320,510 | 720 |
Total risk weighted assets | $420,769,110 | 768 |
Total unused commitments | $10,337,000 | 2,910 |
Derivatives | $0 | 651 |