Call reports 2013
SUMMIT COMMUNITY BANK — 2013
What SUMMIT COMMUNITY BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 160,067,000 | 162,743,000 | 161,024,000 | 159,655,000 |
| Total loans | 133,399,000 | 135,986,000 | 132,790,000 | 135,886,000 |
| Allowance for loan losses | 1,965,000 | 1,826,000 | 1,808,000 | 1,669,000 |
| Securities available for sale | 10,777,000 | 11,243,000 | 11,205,000 | 10,167,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,690,000 | 125,387,000 | 126,180,000 | 124,664,000 |
| Interest-bearing deposits | 92,942,000 | 96,231,000 | 96,153,000 | 97,192,000 |
| Noninterest-bearing deposits | 26,748,000 | 29,156,000 | 30,027,000 | 27,472,000 |
| Equity capital | 15,748,000 | 16,117,000 | 16,533,000 | 16,709,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,754,000 | 3,496,000 | 5,253,000 | 6,936,000 |
| Interest expense | 218,000 | 431,000 | 629,000 | 818,000 |
| Net interest income | 1,536,000 | 3,065,000 | 4,624,000 | 6,118,000 |
| Noninterest income | 1,723,000 | 3,595,000 | 5,210,000 | 6,539,000 |
| Noninterest expense | 2,557,000 | 5,039,000 | 7,462,000 | 9,564,000 |
| Provision for loan losses | 75,000 | 150,000 | 185,000 | 205,000 |
| Pretax income | 627,000 | 1,471,000 | 2,187,000 | 2,888,000 |
| Income tax | 216,000 | 515,000 | 766,000 | 1,023,000 |
| Net income | 411,000 | 956,000 | 1,421,000 | 1,865,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,491,000 | 15,920,000 | 16,395,000 | 16,594,000 |
| Total capital | 17,003,000 | 17,443,000 | 17,918,000 | 18,151,000 |
| Risk-weighted assets | 120,463,000 | 121,538,000 | 124,119,000 | 124,431,000 |