Somerset Trust Company

Somerset Trust Company is headquartered in Somerset and is the 47^th largest bank in the state of Pennsylvania. It is also the 906^th largest bank in the nation. It was established in 1889 and as of March of 2012, it had grown to 241 employees at 19 locations. Somerset Trust Company has a 5-star health rating.

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Data for Q1 2012

Institution Statistics Somerset Trust Company FDIC Certificate # 11112 BankRate Report View Year Established 1889 Employees 241 Primary Regulator FDIC Assets and Liabilities Assets $737.45 million Loans $396.80 million Deposits $638.30 million Equity Capital $64.10 million Loan Loss Allowance $6.00 million Unbacked Noncurrent Loans $2.86 million Real Estate Owned $985,000 Historic Data - March 2011 Assets $645.61 million Equity Capital $47.91 million Loan Loss Allowance $5.77 million Unbacked Noncurrent Loans $2.97 million Real Estate Owned $2.65 million Profit Margin - Quarterly Net Interest Margin 4.38% Return on Assets 1.45% Return on Equity 17.01% Interest Income $8.89 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Somerset Trust Company had $3.85 million in non-current loans and owned real-estate with $70.1 million in equity and loan loss allowances on hand to cover it. This gives Somerset Trust Company a Texas Ratio of 5.49% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Somerset Trust Company decreased significantly from 10.86% as of March 31, 2011 to 5.49% as of March 31, 2012, resulting in a positive change of 49.48%.This indicates that the balance sheet and financial strength for Somerset Trust Company has improved significantly in recent periods. Deposit Growth In the past year, Somerset Trust Company has increased its total deposits by $65.71 million, resulting in 11.48% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Somerset Trust Company has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Somerset Trust Company has $737.45 million in assets with $70.1 million in equity, resulting in a capitalization level of 9.51%, which is average.

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