SOME (Somerset Trust Holding Co) Total Deposits : $1,881.41 Mil (As of Dec. 2024)

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What is Somerset Trust Holding Co Total Deposits?

Somerset Trust Holding Co's annual total deposits increased from Dec. 2022 ($1,657.82 Mil) to Dec. 2023 ($1,787.34 Mil) and increased from Dec. 2023 ($1,787.34 Mil) to Dec. 2024 ($1,881.41 Mil).

Somerset Trust Holding Co Total Deposits Historical Data

The historical data trend for Somerset Trust Holding Co's Total Deposits can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Somerset Trust Holding Co Total Deposits Chart

Somerset Trust Holding Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Deposits

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1,328.11

1,586.85

1,657.82

1,787.34

1,881.41

Somerset Trust Holding Co Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Deposits	Get a 7-Day Free Trial													1,787.34	1,844.79	1,869.59	1,903.96	1,881.41

Somerset Trust Holding Co Total Deposits Calculation

Total Deposits that banks' customers have in their accounts. This is an very important source of banks' liquidity.

When banks' customers flood to their banks to take their deposit out, it may be called "Bank Run", which may bring down a bank due to liquidity issues.

Somerset Trust Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Somerset Trust Holding Co (OTCPK:SOME) » Definitions » Total Deposits

Comparable Companies

Traded in Other Exchanges

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Address

151 West Main Street, P.O. Box 777, Somerset, PA, USA, 15501

Website

https://www.somersettrust.com

Somerset Trust Holding Co is a state-chartered bank, which offers a variety of consumer and commercial lending and deposit products, together with trust and investment management services, an extensive ATM network, and online and mobile banking for consumers and businesses. The Company's and the Bank's revenues are derived from the Bank's portfolio of residential real estate, commercial mortgage and commercial and consumer loans, investment and trust services, and securities portfolio.