Somerset Trust Holding Company (SOME)

SOME Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	45	42.4	39.94	150.84	68.62
Investment Securities	371.9	385.93	380.89	362.54	333.69
Mortgage-Backed Securities	226.75	213.14	223.13	151.95	20.08
Total Investments	598.65	599.07	604.01	514.49	353.77
Gross Loans	1,525	1,433	1,265	1,134	1,120
Allowance for Loan Losses	-18.78	-18.77	-18.72	-20.29	-16.85
Other Adjustments to Gross Loans	-1.9	-2	-1.4	-1.7	-3.1
Net Loans	1,504	1,412	1,245	1,112	1,100
Property, Plant & Equipment	60.7	55.79	43.49	38.87	35.78
Other Intangible Assets	0.02	0.02	0.02	0.02	0.16
Loans Held for Sale	20.78	11.12	2.51	0.5	2.7
Accrued Interest Receivable	10.73	10.04	9.57	7.17	7.29
Long-Term Deferred Tax Assets	14.36	10.91	15.49	1.33	1.04
Other Real Estate Owned & Foreclosed	0.34	0.05	0.15	0.03	0.99
Other Long-Term Assets	60.93	58.13	57.2	42.17	40.5
Total Assets	2,316	2,199	2,017	1,867	1,611
Interest Bearing Deposits	1,387	1,299	1,186	1,143	974.63
Institutional Deposits	95.2	65.9	31.9	38.1	31.5
Non-Interest Bearing Deposits	399.54	422.21	440.42	405.39	321.98
Total Deposits	1,881	1,787	1,658	1,587	1,328
Short-Term Borrowings	29.93	26.38	158.38	22.66	12.64
Current Portion of Long-Term Debt	77	-	-	-	-
Current Portion of Leases	1.28	-	-	-	-
Accrued Interest Payable	5.9	4.29	0.94	0.77	1.2
Long-Term Debt	-	-	-	0.64	0.74
Federal Home Loan Bank Debt, Long-Term	151.67	222.18	79.51	97.65	117.65
Long-Term Leases	4.47	5.86	4.98	3.78	3.57
Pension & Post-Retirement Benefits	-	-	-	1.36	-
Other Long-Term Liabilities	12.69	10.77	12.98	13.73	15.72
Total Liabilities	2,164	2,057	1,915	1,727	1,480
Common Stock	3.58	3.58	3.58	3.45	3.44
Retained Earnings	192	170.74	150.27	133.51	121.05
Comprehensive Income & Other	-44.33	-31.8	-50.99	3.03	6.41
Shareholders' Equity	151.25	142.52	102.87	139.99	130.9
Total Liabilities & Equity	2,316	2,199	2,017	1,867	1,611
Total Debt	264.35	254.42	242.87	124.72	134.6
Net Cash (Debt)	-219.35	-212.01	-202.93	26.12	-65.98
Net Cash Per Share	-86.96	-84.06	-80.58	10.42	-26.32
Filing Date Shares Outstanding	2.52	2.52	2.52	2.51	2.5
Total Common Shares Outstanding	2.52	2.52	2.52	2.51	2.5
Book Value Per Share	59.96	56.50	40.78	55.87	52.29
Tangible Book Value	151.23	142.5	102.85	139.97	130.74
Tangible Book Value Per Share	59.96	56.50	40.78	55.86	52.22

Source: S&P Global Market Intelligence. Banks template. Financial Sources.