Call reports 2011
SUMMIT COMMUNITY BANK — 2011
What SUMMIT COMMUNITY BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 153,066,000 | 158,318,000 | 157,703,000 | 157,340,000 |
| Total loans | 117,446,000 | 119,927,000 | 121,747,000 | 124,314,000 |
| Allowance for loan losses | 1,866,000 | 1,923,000 | 1,949,000 | 1,729,000 |
| Securities available for sale | 15,795,000 | 16,238,000 | 15,129,000 | 14,413,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,711,000 | 127,877,000 | 127,097,000 | 125,540,000 |
| Interest-bearing deposits | 95,952,000 | 100,062,000 | 99,518,000 | 97,523,000 |
| Noninterest-bearing deposits | 23,759,000 | 27,815,000 | 27,579,000 | 28,017,000 |
| Equity capital | 13,432,000 | 13,653,000 | 13,963,000 | 14,156,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,775,000 | 3,543,000 | 5,308,000 | 7,109,000 |
| Interest expense | 491,000 | 925,000 | 1,312,000 | 1,661,000 |
| Net interest income | 1,284,000 | 2,618,000 | 3,996,000 | 5,448,000 |
| Noninterest income | 625,000 | 1,443,000 | 2,679,000 | 3,533,000 |
| Noninterest expense | 1,769,000 | 3,587,000 | 5,872,000 | 7,689,000 |
| Provision for loan losses | 200,000 | 350,000 | 350,000 | 400,000 |
| Pretax income | -63,000 | 100,000 | 450,000 | 889,000 |
| Income tax | -29,000 | 21,000 | 139,000 | 288,000 |
| Net income | -34,000 | 79,000 | 311,000 | 601,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,198,000 | 13,327,000 | 13,577,000 | 13,826,000 |
| Total capital | 14,628,000 | 14,729,000 | 14,955,000 | 15,222,000 |
| Risk-weighted assets | 113,976,000 | 111,859,000 | 109,699,000 | 111,348,000 |