Call reports 2012
SUMMIT COMMUNITY BANK — 2012
What SUMMIT COMMUNITY BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 163,439,000 | 161,101,000 | 166,163,000 | 160,682,000 |
| Total loans | 117,565,000 | 130,666,000 | 138,451,000 | 134,588,000 |
| Allowance for loan losses | 1,739,000 | 1,692,000 | 1,855,000 | 1,947,000 |
| Securities available for sale | 15,459,000 | 14,832,000 | 10,997,000 | 10,804,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 131,522,000 | 124,970,000 | 125,893,000 | 117,357,000 |
| Interest-bearing deposits | 96,052,000 | 91,437,000 | 88,288,000 | 90,948,000 |
| Noninterest-bearing deposits | 35,470,000 | 33,533,000 | 37,605,000 | 26,409,000 |
| Equity capital | 14,301,000 | 14,618,000 | 15,016,000 | 15,393,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,682,000 | 3,404,000 | 5,218,000 | 7,010,000 |
| Interest expense | 303,000 | 577,000 | 843,000 | 1,089,000 |
| Net interest income | 1,379,000 | 2,827,000 | 4,375,000 | 5,921,000 |
| Noninterest income | 1,199,000 | 2,939,000 | 4,817,000 | 6,826,000 |
| Noninterest expense | 2,095,000 | 4,669,000 | 7,218,000 | 9,894,000 |
| Provision for loan losses | 160,000 | 250,000 | 480,000 | 700,000 |
| Pretax income | 342,000 | 866,000 | 1,530,000 | 2,189,000 |
| Income tax | 109,000 | 284,000 | 498,000 | 712,000 |
| Net income | 233,000 | 582,000 | 1,032,000 | 1,477,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,037,000 | 14,340,000 | 14,747,000 | 15,135,000 |
| Total capital | 15,397,000 | 15,695,000 | 16,176,000 | 16,638,000 |
| Risk-weighted assets | 108,840,000 | 108,089,000 | 113,330,000 | 119,822,000 |