Call reports 2009
SUMMIT BANK — 2009
What SUMMIT BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 217,801,000 | 216,517,000 | 207,301,000 | 205,707,000 |
| Total loans | 175,153,000 | 165,501,000 | 164,295,000 | 160,743,000 |
| Allowance for loan losses | 2,381,000 | 2,508,000 | 4,677,000 | 3,210,000 |
| Securities available for sale | 4,855,000 | 4,345,000 | 4,353,000 | 5,341,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 177,795,000 | 176,830,000 | 170,804,000 | 171,348,000 |
| Interest-bearing deposits | 139,993,000 | 144,029,000 | 134,679,000 | 123,758,000 |
| Noninterest-bearing deposits | 37,802,000 | 32,801,000 | 36,125,000 | 47,590,000 |
| Equity capital | 19,509,000 | 19,225,000 | 16,360,000 | 17,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,455,000 | 4,939,000 | 7,378,000 | 9,752,000 |
| Interest expense | 937,000 | 1,741,000 | 2,399,000 | 2,964,000 |
| Net interest income | 1,518,000 | 3,198,000 | 4,979,000 | 6,788,000 |
| Noninterest income | 317,000 | 750,000 | 958,000 | 1,130,000 |
| Noninterest expense | 1,476,000 | 2,980,000 | 4,454,000 | 5,794,000 |
| Provision for loan losses | 225,000 | 955,000 | 4,360,000 | 4,360,000 |
| Pretax income | 141,000 | 20,000 | -2,870,000 | -2,229,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 141,000 | 20,000 | -2,870,000 | -2,229,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,453,000 | 19,188,000 | 16,312,000 | 16,967,000 |
| Total capital | 21,708,000 | 21,327,000 | 18,538,000 | 19,189,000 |
| Risk-weighted assets | 180,262,000 | 170,783,000 | 175,624,000 | 176,792,000 |