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Call reports 2007

SUMMIT BANK — 2007

What SUMMIT BANK reported to the FFIEC in 2007, quarter by quarter.

PERIOD: 2007SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/15664317-ee8d-4156-b397-aaa2f5117420/2007

Balance sheet

What the bank holds and owes at quarter end

Measure2007Q12007Q22007Q32007Q4
Total assets184,466,000193,375,000191,722,000182,287,000
Total loans139,474,000141,431,000138,812,000150,978,000
Allowance for loan losses1,451,0001,472,0001,552,0001,573,000
Securities available for sale7,206,0007,233,0008,269,00010,234,000
Securities held to maturity5,053,0005,049,0005,044,0003,042,000
Trading assets0000
Total deposits145,945,000156,219,000157,504,000146,803,000
Interest-bearing deposits124,171,000135,846,000136,553,000119,451,000
Noninterest-bearing deposits21,774,00020,373,00020,951,00027,352,000
Equity capital16,409,00017,045,00017,531,00017,853,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2007Q12007Q22007Q32007Q4
Interest income3,531,0007,100,00010,956,00014,377,000
Interest expense1,723,0003,474,0005,367,0007,020,000
Net interest income1,808,0003,626,0005,589,0007,357,000
Noninterest income183,000275,000352,000437,000
Noninterest expense1,036,0002,178,0003,343,0004,455,000
Provision for loan losses74,00094,000173,000223,000
Pretax income881,0001,629,0002,425,0003,116,000
Income tax175,000182,000165,000264,000
Net income706,0001,447,0002,260,0002,852,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2007Q12007Q22007Q32007Q4
Tier 1 capital16,440,00017,082,00017,529,00017,841,000
Total capital17,891,00018,554,00019,081,00019,414,000
Risk-weighted assets155,404,000160,174,000156,938,000164,454,000

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