Call reports 2012
SUMMIT BANK — 2012
What SUMMIT BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 228,129,000 | 234,864,000 | 241,888,000 | 264,983,000 |
| Total loans | 192,124,000 | 204,642,000 | 205,294,000 | 207,085,000 |
| Allowance for loan losses | 2,901,000 | 2,802,000 | 2,929,000 | 3,019,000 |
| Securities available for sale | 4,292,000 | 4,270,000 | 3,086,000 | 2,001,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 199,196,000 | 204,984,000 | 211,288,000 | 233,669,000 |
| Interest-bearing deposits | 139,896,000 | 142,743,000 | 146,310,000 | 165,282,000 |
| Noninterest-bearing deposits | 59,300,000 | 62,241,000 | 64,978,000 | 68,387,000 |
| Equity capital | 21,556,000 | 21,981,000 | 22,702,000 | 23,251,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 2,523,000 | 5,178,000 | 7,938,000 | 10,772,000 |
| Interest expense | 301,000 | 587,000 | 866,000 | 1,136,000 |
| Net interest income | 2,222,000 | 4,591,000 | 7,072,000 | 9,636,000 |
| Noninterest income | 199,000 | 401,000 | 621,000 | 882,000 |
| Noninterest expense | 1,698,000 | 3,382,000 | 4,957,000 | 6,624,000 |
| Provision for loan losses | 105,000 | 200,000 | 350,000 | 440,000 |
| Pretax income | 618,000 | 1,410,000 | 2,386,000 | 3,454,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 618,000 | 1,410,000 | 2,386,000 | 3,454,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,548,000 | 21,968,000 | 22,685,000 | 23,219,000 |
| Total capital | 23,886,000 | 24,463,000 | 25,202,000 | 25,753,000 |
| Risk-weighted assets | 186,491,000 | 199,259,000 | 200,939,000 | 202,265,000 |