Call reports 2009
SUMMIT COMMUNITY BANK — 2009
What SUMMIT COMMUNITY BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 172,659,000 | 173,860,000 | 168,966,000 | 158,846,000 |
| Total loans | 149,036,000 | 155,998,000 | 144,096,000 | 140,941,000 |
| Allowance for loan losses | 1,516,000 | 1,585,000 | 1,291,000 | 1,223,000 |
| Securities available for sale | 8,186,000 | 7,860,000 | 5,808,000 | 6,292,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,897,000 | 118,894,000 | 124,239,000 | 111,689,000 |
| Interest-bearing deposits | 99,080,000 | 102,668,000 | 107,171,000 | 96,408,000 |
| Noninterest-bearing deposits | 16,817,000 | 16,226,000 | 17,068,000 | 15,281,000 |
| Equity capital | 13,206,000 | 13,213,000 | 12,933,000 | 13,160,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,182,000 | 4,423,000 | 6,649,000 | 8,749,000 |
| Interest expense | 1,292,000 | 2,520,000 | 3,618,000 | 4,564,000 |
| Net interest income | 890,000 | 1,903,000 | 3,031,000 | 4,185,000 |
| Noninterest income | 229,000 | 754,000 | 1,797,000 | 3,355,000 |
| Noninterest expense | 930,000 | 2,314,000 | 4,155,000 | 6,033,000 |
| Provision for loan losses | 122,000 | 250,000 | 1,080,000 | 1,599,000 |
| Pretax income | 69,000 | 102,000 | -380,000 | -64,000 |
| Income tax | 16,000 | 19,000 | -152,000 | -79,000 |
| Net income | 53,000 | 83,000 | -228,000 | 15,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,845,000 | 12,732,000 | 12,411,000 | 12,670,000 |
| Total capital | 14,361,000 | 14,317,000 | 13,702,000 | 13,893,000 |
| Risk-weighted assets | 128,088,000 | 129,018,000 | 122,745,000 | 122,820,000 |