Somerset Trust Company
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Data as of · sourced from FFIEC call reports. How we update
Somerset Trust Company is an FDIC-insured commercial bank headquartered in Somerset, PA, established in 1889 (FDIC certificate 11112), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $2.47B, up 0.8% from Q2 2025, the 24th largest of 109 banks headquartered in Pennsylvania. Its CET1 capital ratio was 12.72% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 11112
- Headquarters
- Somerset, PA
- Established
- 1889
- Total assets, Q2 2026
- $2.47B
- Assets vs Q2 2025
- +0.8%
- CET1 ratio, Q2 2026
- 12.72%
- Domestic offices
- 49 FDIC institution directory, current count
- Routing number
- 043308691
- Latest call report
- Q2 2026, FFIEC 041 · Somerset Trust Company call report
- Holding company
- SOMERSET TRUST HOLDING COMPANY
- Asset rank in state
- 24th of 109 in Pennsylvania
Somerset Trust Company earns an unusually wide margin on its lending. Based in Somerset, Pennsylvania, it had $2.5 billion in assets at June 30, 2026. It keeps 4.72 cents of net interest income on every dollar of earning assets, higher than about 9 in 10 of the 895 banks with $1 billion to $10 billion in assets (median 3.71 cents). It also shrank its loan book 1.0% over the year, lower than about three-quarters of banks its size (median 5.9%).
Problem loans eased: loans on nonaccrual or 90 or more days past due, net of government guarantees, were 1.49% of loans, down from 2.34% a year earlier. Its $317 million non-owner-occupied commercial real estate book is improving, with 0.88% past due or on nonaccrual, down from 3.01% a year earlier. Where it has less room is capital: it funds 9.10% of its assets with Tier 1 capital, lower than about three-quarters of banks its size (median 10.52%).
As of June 30, 2026, Somerset Trust Company reported a CET1 capital ratio of 12.72%, a return on assets of 1.19%, a nonperforming-loan ratio of 1.49% and a Texas ratio of 11.00%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Somerset Trust Company is the 24th largest of the 109 banks headquartered in Pennsylvania. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 0.3% to $2.47B, loans fell 0.3% and deposits fell 1.0%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 27.3% of total loans, followed by commercial and industrial loans at 20.2%. Its 48 offices in the FDIC Summary of Deposits are in 29 cities across 3 states; its Somerset 4 offices book 31% of its branch deposits. Judged on its Q2 2026 call report, Somerset Trust Company meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 151 W Main St, Somerset, PA 15501
- County
- Somerset
- Metro Area
- Somerset, PA
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- No
- Federal Reserve district
- District 4, Cleveland
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 041
- Established
- January 1, 1889
- Domestic offices
- 49 FDIC institution directory, current count
- Employees (FTE)
- 489
- Domestic deposits
- $2.00B
- Allowance for credit losses
- $21.5M
- Net charge-offs (YTD)
- $990K
- Average total assets
- $2.51B
- Average total loans
- $1.63B
- Average interest-bearing deposits
- $1.54B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 11112
- Fed RSSD
- 212522
- SEC CIK
- 1108824 → filed by SOMERSET TRUST HOLDING COMPANY
- Website
- somersettrust.com →
- Parent Holding Company
- SOMERSET TRUST HOLDING COMPANY (RSSD 2914857)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Somerset Trust Company's total assets ranged from $2.10B (Q3 2023) to $2.49B (Q3 2025), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$2.47B total assets against $2.45B; $2.27B total liabilities against $2.29B.
$1.60B net loans and leases against $1.62B; $2.00B total deposits against $2.01B.
$640.5M securities against $611.6M; $46.9M cash and balances due against $58.9M.
$36.0M total interest income against $33.5M; $9.6M total interest expense against $11.3M.
$26.4M net interest income against $22.3M.
$5.1M total noninterest income against $4.7M; $19.9M total noninterest expense against $18.0M.
$750K provision for credit losses against $1.1M.
$7.5M net income against $6.5M.
1.19% return on assets against 1.06%; 4.72% net interest margin against 4.00%.
12.72% CET1 capital ratio against 11.24%; 9.10% tier 1 leverage ratio against 8.35%.
Inside the full Somerset Trust Company terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Somerset Trust Company rankings
Its closest position to the top of a national ranking is 499 of 4,196, for total assets; its furthest is 1,493 of 2,134, for CET1 ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.90% (Q1 2025) to 1.22% (Q3 2024) and its net interest margin ran from 3.76% (Q4 2024) to 4.72% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.72% | 1.19% | 1.49% | 11.00% | 4.72% |
| Q1 2026 | 12.27% | 1.09% | 1.49% | 11.63% | 4.18% |
| Q4 2025 | 12.09% | 1.01% | 2.11% | 16.19% | 4.24% |
| Q3 2025 | 11.41% | 1.11% | 1.84% | 15.16% | 3.95% |
| Q2 2025 | 11.24% | 1.06% | 2.34% | 21.56% | 4.00% |
| Q1 2025 | 11.38% | 0.90% | 1.41% | 12.75% | 3.82% |
| Q4 2024 | 11.42% | 1.11% | 1.38% | 12.72% | 3.76% |
| Q3 2024 | 11.14% | 1.22% | 1.27% | 10.92% | 3.84% |
Swipe the table sideways to see every column.
Branch Network
View all 48 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Somerset Trust Company (main office) | Somerset , PA | 15501 | $509.2M |
| Richland Branch | Johnstown , PA | 15904 | $124.1M |
| Connellsville Office at the Train Station Complex | Connellsville , PA | 15425 | $112.4M |
| Berlin Branch | Berlin , PA | 15530 | $86.9M |
| Ligonier Branch | Ligonier , PA | 15658 | $73.1M |
| Bedford Office Branch | Bedford , PA | 15522 | $72.3M |
| Perryopolis Branch Office | Perryopolis , PA | 15473 | $57.7M |
| Champion Branch | Champion , PA | 15622 | $53.7M |
| Somerset Plaza Branch | Somerset , PA | 15501 | $52.4M |
| Somerset Trust - Uniontown Branch | Uniontown , PA | 15401 | $49.4M |
| Confluence Office Branch | Confluence , PA | 15424 | $45.1M |
| Greensburg Office | Greensburg , PA | 15601 | $44.8M |
| Johnstown Office | Johnstown , PA | 15901 | $44.8M |
| Somerset Trust Company - Scottdale Branch | Scottdale , PA | 15683 | $43.0M |
| Westmont Branch | Johnstown , PA | 15905 | $42.0M |
| Meyersdale Office Branch | Meyersdale , PA | 15552 | $36.4M |
| Glades Pike Office | Somerset , PA | 15501 | $36.0M |
| Frostburg Branch Office | Frostburg , MD | 21532 | $35.7M |
| Somerset Trust Company - Irwin Branch | North Huntingdon , PA | 15642 | $35.0M |
| Vinco Branch | Johnstown , PA | 15909 | $33.3M |
| Fishertown Branch Office | Fishertown , PA | 15539 | $32.9M |
| Meyersdale Southside Branch | Meyersdale , PA | 15552 | $31.3M |
| Hooversville Branch | Hooversville , PA | 15936 | $30.4M |
| Boswell Office | Boswell , PA | 15531 | $29.9M |
| National Pike Office | Markleysburg , PA | 15459 | $29.7M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| October 1, 2019 | M&A | Acquired First Bank of Lilly merger for the acquired bank | SEC |
| October 1, 2019 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 1, 2019 | Structure Change | Acquired First Bank of Lilly Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 3 events.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- None against the institution on file; 1 against individuals associated with it
- Period: Most recent action July 2, 1996. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.3% of deposits in PA, rank 37 of 145 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 1,285 applications, 1,076 loans originated, $139.1M originated, across 9 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 8 loans, $5.7M approved, $714K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Somerset Trust Company
What are Somerset Trust Company's total assets?
As of the Q2 2026 filing, Somerset Trust Company reported total assets of $2.47 billion in its FFIEC call report.
Where is Somerset Trust Company headquartered?
It is headquartered in Somerset, PA, United States.
When was Somerset Trust Company founded?
It was established in 1889, per the FDIC institution directory.
Is Somerset Trust Company FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #11112). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Somerset Trust Company?
Somerset Trust Company's primary federal regulator is the FDIC.
What is Somerset Trust Company's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 12.72% in its Q2 2026 call report, above regulatory requirements.
How many branches does Somerset Trust Company operate?
It operates 49 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Somerset Trust Company's Texas Ratio?
Its Texas Ratio is 11.00% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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