Call reports 2002
SUMMIT BANK, NATIONAL ASSOCIATION — 2002
What SUMMIT BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 634,846,000 | 673,967,000 | 686,582,000 | 687,719,000 |
| Total loans | 453,818,000 | 466,974,000 | 474,401,000 | 469,145,000 |
| Allowance for loan losses | 6,534,000 | 6,394,000 | 6,334,000 | 6,706,000 |
| Securities available for sale | 139,856,000 | 142,682,000 | 166,608,000 | 171,860,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 546,655,000 | 562,502,000 | 571,179,000 | 582,617,000 |
| Interest-bearing deposits | 394,686,000 | 398,374,000 | 413,392,000 | 414,215,000 |
| Noninterest-bearing deposits | 151,969,000 | 164,128,000 | 157,787,000 | 168,402,000 |
| Equity capital | 60,707,000 | 62,741,000 | 64,467,000 | 64,264,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 9,549,000 | 19,214,000 | 29,053,000 | 38,657,000 |
| Interest expense | 2,132,000 | 4,331,000 | 6,531,000 | 8,505,000 |
| Net interest income | 7,417,000 | 14,883,000 | 22,522,000 | 30,152,000 |
| Noninterest income | 1,256,000 | 2,590,000 | 4,294,000 | 5,683,000 |
| Noninterest expense | 4,600,000 | 9,226,000 | 13,713,000 | 18,442,000 |
| Provision for loan losses | 545,000 | 1,015,000 | 2,365,000 | 3,140,000 |
| Pretax income | 3,528,000 | 7,234,000 | 10,904,000 | 14,418,000 |
| Income tax | 1,210,000 | 2,483,000 | 3,738,000 | 4,933,000 |
| Net income | 2,318,000 | 4,751,000 | 7,166,000 | 9,485,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,536,000 | 60,969,000 | 61,984,000 | 61,403,000 |
| Total capital | 65,562,000 | 67,234,000 | 68,318,000 | 67,790,000 |
| Risk-weighted assets | 481,584,000 | 501,083,000 | 508,719,000 | 510,887,000 |