Call reports 2011
SUMMIT BANK — 2011
What SUMMIT BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 189,285,000 | 202,549,000 | 208,265,000 | 219,588,000 |
| Total loans | 157,499,000 | 161,703,000 | 173,097,000 | 181,633,000 |
| Allowance for loan losses | 2,847,000 | 2,731,000 | 2,815,000 | 2,794,000 |
| Securities available for sale | 6,850,000 | 6,389,000 | 6,350,000 | 4,313,000 |
| Securities held to maturity | 250,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 161,709,000 | 174,246,000 | 175,440,000 | 186,389,000 |
| Interest-bearing deposits | 112,111,000 | 110,458,000 | 121,868,000 | 134,067,000 |
| Noninterest-bearing deposits | 49,598,000 | 63,788,000 | 53,572,000 | 52,322,000 |
| Equity capital | 19,437,000 | 19,924,000 | 20,566,000 | 20,887,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,204,000 | 4,550,000 | 6,899,000 | 9,334,000 |
| Interest expense | 315,000 | 602,000 | 898,000 | 1,227,000 |
| Net interest income | 1,889,000 | 3,948,000 | 6,001,000 | 8,107,000 |
| Noninterest income | 171,000 | 341,000 | 716,000 | 1,082,000 |
| Noninterest expense | 1,473,000 | 3,019,000 | 4,589,000 | 6,299,000 |
| Provision for loan losses | 30,000 | 60,000 | 215,000 | 327,000 |
| Pretax income | 557,000 | 1,210,000 | 1,913,000 | 2,563,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 557,000 | 1,210,000 | 1,913,000 | 2,563,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,467,000 | 19,937,000 | 20,569,000 | 20,891,000 |
| Total capital | 21,482,000 | 22,001,000 | 22,774,000 | 23,110,000 |
| Risk-weighted assets | 160,357,000 | 164,443,000 | 175,753,000 | 176,959,000 |