Call reports 2009
SUMMIT BANK, NATIONAL ASSOCIATION — 2009
What SUMMIT BANK, NATIONAL ASSOCIATION 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 | 58,980,000 | 63,536,000 | 70,597,000 | 76,352,000 |
| Total loans | 26,951,000 | 32,535,000 | 38,435,000 | 44,116,000 |
| Allowance for loan losses | 346,000 | 396,000 | 446,000 | 566,000 |
| Securities available for sale | 11,015,000 | 12,297,000 | 10,828,000 | 16,646,000 |
| Securities held to maturity | 3,848,000 | 4,298,000 | 3,568,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,550,000 | 35,768,000 | 42,621,000 | 48,968,000 |
| Interest-bearing deposits | 24,804,000 | 27,789,000 | 32,558,000 | 38,431,000 |
| Noninterest-bearing deposits | 6,746,000 | 7,979,000 | 10,063,000 | 10,537,000 |
| Equity capital | 19,203,000 | 19,245,000 | 19,359,000 | 19,403,000 |
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 | 472,000 | 1,064,000 | 1,809,000 | 2,553,000 |
| Interest expense | 130,000 | 269,000 | 412,000 | 571,000 |
| Net interest income | 342,000 | 795,000 | 1,397,000 | 1,982,000 |
| Noninterest income | 86,000 | 219,000 | 336,000 | 470,000 |
| Noninterest expense | 574,000 | 1,121,000 | 1,774,000 | 2,604,000 |
| Provision for loan losses | 65,000 | 115,000 | 165,000 | 285,000 |
| Pretax income | -211,000 | -203,000 | -187,000 | -170,000 |
| Income tax | -64,000 | -57,000 | -41,000 | -25,000 |
| Net income | -147,000 | -146,000 | -146,000 | -145,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,081,000 | 18,952,000 | 19,044,000 | 19,200,000 |
| Total capital | 19,427,000 | 19,348,000 | 19,490,000 | 19,766,000 |
| Risk-weighted assets | 37,301,000 | 40,616,000 | 46,415,000 | 50,525,000 |