Call reports 2005
SUMMIT COMMUNITY BANK — 2005
What SUMMIT COMMUNITY BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 78,059,000 | 84,755,000 | 92,630,000 | 102,413,000 |
| Total loans | 73,188,000 | 77,249,000 | 84,657,000 | 94,607,000 |
| Allowance for loan losses | 732,000 | 772,000 | 847,000 | 946,000 |
| Securities available for sale | 1,848,000 | 3,352,000 | 4,601,000 | 4,232,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,057,000 | 53,405,000 | 57,398,000 | 62,167,000 |
| Interest-bearing deposits | 43,479,000 | 47,330,000 | 50,226,000 | 53,662,000 |
| Noninterest-bearing deposits | 5,578,000 | 6,075,000 | 7,172,000 | 8,505,000 |
| Equity capital | 7,353,000 | 10,506,000 | 10,563,000 | 10,633,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 988,000 | 2,054,000 | 3,268,000 | 4,629,000 |
| Interest expense | 444,000 | 934,000 | 1,513,000 | 2,189,000 |
| Net interest income | 544,000 | 1,120,000 | 1,755,000 | 2,440,000 |
| Noninterest income | 59,000 | 90,000 | 151,000 | 193,000 |
| Noninterest expense | 527,000 | 1,019,000 | 1,554,000 | 2,061,000 |
| Provision for loan losses | 35,000 | 75,000 | 150,000 | 249,000 |
| Pretax income | 41,000 | 111,000 | 197,000 | 317,000 |
| Income tax | 14,000 | 38,000 | 67,000 | 107,000 |
| Net income | 27,000 | 73,000 | 130,000 | 210,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,203,000 | 10,350,000 | 10,393,000 | 10,467,000 |
| Total capital | 7,853,000 | 11,042,000 | 11,134,000 | 11,287,000 |
| Risk-weighted assets | 51,916,000 | 55,300,000 | 59,207,000 | 65,459,000 |