Home > Somerset Trust Company > Loan Charge- Offs and Recoveries
Somerset Trust Company, Loan Charge- Offs and Recoveries
| 1992-12-31 (YTD Data) | Rank | |
| Total charge-offs | $5,141,000 | 588 |
| Loans secured by real estate, total | $2,904,000 | 420 |
| To non-U.S. addressees | $0 | 17 |
| Real estate loans in domestic offices | $2,904,000 | 419 |
| Construction and land development | $557,000 | 370 |
| Secured by farmland | $0 | 904 |
| Total charge-offs secured by 1-4 family residential properties | $910,000 | 302 |
| Secured by multifamily residential properties | $217,000 | 337 |
| Secured by nonfarm nonresidential properties | $1,220,000 | 401 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | $0 | 43 |
| To foreign banks | $0 | 20 |
| Loans to finance agricultural production and other loans to farmers | $0 | 201 |
| Commercial and industrial loans | $391,000 | 1,674 |
| Loans to individuals | $1,846,000 | 453 |
| Credit card loan charge offs | $42,000 | 1,232 |
| Auto Loans Charge-Offs | NA | NA |
| Other Consumer Loan Charge-Offs | $1,804,000 | 304 |
| Loans to foreign governments and official institutions | $0 | 43 |
| Other loans | $0 | 387 |
| Lease financing receivables | $0 | 464 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Total recoveries | $639,000 | 778 |
| Loans secured by real estate, total | $338,000 | 410 |
| To non-U.S. addressees | $0 | 7 |
| Real estate loans in domestic offices | $338,000 | 410 |
| Construction and land development | $100,000 | 252 |
| Secured by farmland | $0 | 870 |
| Secured by 1-4 family residential properties - total recoveries | $95,000 | 410 |
| Secured by multifamily residential properties | $0 | 476 |
| Secured by nonfarm nonresidential properties | $143,000 | 402 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | $0 | 52 |
| To foreign banks | $0 | 28 |
| Loans to finance agricultural production and other loans to farmers | $0 | 217 |
| Commercial and industrial loans | $147,000 | 1,129 |
| Loans to individuals | $154,000 | 954 |
| Credit card loan recoveries | $0 | 2,868 |
| Auto Loans - Recoveries | NA | NA |
| Other Consumer Loan Recoveries | $154,000 | 810 |
| Loans to foreign governments and official institutions | $0 | 47 |
| Other loans | $0 | 349 |
| Lease financing receivables | $0 | 397 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Net charge-offs | $4,502,000 | 568 |
| Loans secured by real estate, total | $2,566,000 | 427 |
| To non-U.S. addressees | $0 | 17 |
| Real estate loans in domestic offices | $2,566,000 | 427 |
| Construction and land development | $457,000 | 390 |
| Secured by farmland | $0 | 773 |
| Secured by 1-4 family residential properties- net charge-offs | $815,000 | 289 |
| Secured by multifamily residential properties | $217,000 | 325 |
| Secured by nonfarm nonresidential properties | $1,077,000 | 409 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | $0 | 36 |
| To foreign banks | $0 | 15 |
| Loans to finance agricultural production and other loans to farmers | $0 | 152 |
| Commercial and industrial loans | $244,000 | 1,965 |
| To non-U.S. addressees | $0 | 50 |
| Loans to individuals | $1,692,000 | 389 |
| Credit card loan net charge offs | $42,000 | 1,132 |
| Auto Loans - Net Charge-Offs | NA | NA |
| Other Consumer Loans Net Charge-Offs | $1,650,000 | 232 |
| Loans to foreign governments and official institutions | $0 | 37 |
| Other loans | $0 | 326 |
| Lease financing receivables | $0 | 406 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
* The data above is accumulated from the beginning of the year to the date posted. The data for Dec. 31 is the number for the entire year.