Call reports 2006
SUMMIT COMMUNITY BANK — 2006
What SUMMIT COMMUNITY BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 109,124,000 | 117,952,000 | 125,737,000 | 133,717,000 |
| Total loans | 101,034,000 | 107,950,000 | 113,707,000 | 120,420,000 |
| Allowance for loan losses | 1,001,000 | 1,059,000 | 1,089,000 | 1,132,000 |
| Securities available for sale | 4,080,000 | 4,022,000 | 4,413,000 | 4,080,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,111,000 | 71,644,000 | 79,868,000 | 86,353,000 |
| Interest-bearing deposits | 60,361,000 | 62,773,000 | 68,422,000 | 70,882,000 |
| Noninterest-bearing deposits | 8,750,000 | 8,871,000 | 11,446,000 | 15,471,000 |
| Equity capital | 10,732,000 | 10,848,000 | 10,982,000 | 11,093,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,497,000 | 3,129,000 | 4,902,000 | 6,784,000 |
| Interest expense | 768,000 | 1,654,000 | 2,717,000 | 3,888,000 |
| Net interest income | 729,000 | 1,475,000 | 2,185,000 | 2,896,000 |
| Noninterest income | 43,000 | 95,000 | 146,000 | 220,000 |
| Noninterest expense | 563,000 | 1,125,000 | 1,666,000 | 2,252,000 |
| Provision for loan losses | 55,000 | 113,000 | 162,000 | 219,000 |
| Pretax income | 154,000 | 332,000 | 503,000 | 645,000 |
| Income tax | 53,000 | 113,000 | 166,000 | 204,000 |
| Net income | 101,000 | 219,000 | 337,000 | 441,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,572,000 | 10,691,000 | 10,813,000 | 10,917,000 |
| Total capital | 11,454,000 | 11,660,000 | 11,829,000 | 12,011,000 |
| Risk-weighted assets | 70,472,000 | 77,459,000 | 81,150,000 | 87,495,000 |