Call reports 2010
SUMMIT BANK — 2010
What SUMMIT BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 199,742,000 | 190,766,000 | 188,275,000 | 204,066,000 |
| Total loans | 153,469,000 | 148,401,000 | 151,480,000 | 155,959,000 |
| Allowance for loan losses | 2,818,000 | 2,337,000 | 3,324,000 | 2,815,000 |
| Securities available for sale | 6,831,000 | 6,784,000 | 4,795,000 | 5,840,000 |
| Securities held to maturity | 0 | 1,350,000 | 1,250,000 | 250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 165,133,000 | 155,842,000 | 155,127,000 | 173,184,000 |
| Interest-bearing deposits | 116,732,000 | 110,066,000 | 108,921,000 | 115,754,000 |
| Noninterest-bearing deposits | 48,401,000 | 45,776,000 | 46,206,000 | 57,430,000 |
| Equity capital | 17,611,000 | 18,014,000 | 18,503,000 | 18,618,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,357,000 | 4,618,000 | 6,859,000 | 9,085,000 |
| Interest expense | 479,000 | 944,000 | 1,382,000 | 1,772,000 |
| Net interest income | 1,878,000 | 3,674,000 | 5,477,000 | 7,313,000 |
| Noninterest income | 168,000 | 286,000 | 114,000 | 270,000 |
| Noninterest expense | 1,470,000 | 2,834,000 | 4,085,000 | 5,460,000 |
| Provision for loan losses | 0 | 150,000 | 0 | 0 |
| Pretax income | 576,000 | 975,000 | 1,509,000 | 2,126,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 576,000 | 975,000 | 1,509,000 | 2,126,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,588,000 | 17,999,000 | 18,542,000 | 18,652,000 |
| Total capital | 19,629,000 | 19,966,000 | 20,506,000 | 20,706,000 |
| Risk-weighted assets | 162,531,000 | 156,953,000 | 155,732,000 | 163,594,000 |