|
 |
|
|
 Somerset Trust Company
Somerset Trust Company
| RSSD ID 212522 | CERTIFICATE 11112 | ABA NUMBER 43308691 |
| 151 W Main St |
Quarter Ended : |
2025-03-31 |
| Somerset, Pennsylvania, 15501 |
Updated : |
2025-04-30 |
| somersettrust.com |
|
| Institution Profile |
| Year Opened : |
1889 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
041 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
48 |
Number of Employees : |
467 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 2,395,049 |
|
Total Interest Income | 31,621 |
| Total Liabilities | 2,235,933 |
|
Total NonInterest Income | 4,423 |
| Total Bank Equity Capital | 159,116 |
|
Total Interest Expense | 11,007 |
| Total Deposits | 1,944,770 |
|
Total NonInterest Expense | 17,532 |
| Net Loans & Leases | 1,528,658 |
|
Net Income | 5,264 |
| Loan Loss Allowance | 19,533 |
|
Net Charge Offs | 236 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 221,919 |
|
Total loans | 1,552,799 |
| Total assets for the leverage ratio | 2,342,977 |
|
Loans secured by real estate: | 1,163,049 |
| Tier 1 Leverage Ratio | 8.57 |
|
Commercial and industrial loans | 287,853 |
| Tier 1 Capital Ratio | 11.38 |
|
Loans to individuals - Credit Cards | 4,047 |
| Total Capital Ratio | 12.59 |
|
Loans to individuals - Other | 47,989 |
|
|
|
|
:· Somerset Trust Company
