Call reports 2011
SUMMIT BANK, NATIONAL ASSOCIATION — 2011
What SUMMIT BANK, NATIONAL ASSOCIATION 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 | 116,759,000 | 111,417,000 | 130,683,000 | 224,231,000 |
| Total loans | 60,158,000 | 64,930,000 | 63,545,000 | 126,596,000 |
| Allowance for loan losses | 911,000 | 986,000 | 968,000 | 1,068,000 |
| Securities available for sale | 32,634,000 | 26,843,000 | 36,181,000 | 35,048,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,783,000 | 83,547,000 | 101,614,000 | 190,577,000 |
| Interest-bearing deposits | 66,544,000 | 59,957,000 | 67,227,000 | 142,463,000 |
| Noninterest-bearing deposits | 22,239,000 | 23,590,000 | 34,387,000 | 48,114,000 |
| Equity capital | 19,769,000 | 19,886,000 | 19,931,000 | 23,777,000 |
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 | 981,000 | 2,037,000 | 3,209,000 | 4,580,000 |
| Interest expense | 140,000 | 285,000 | 419,000 | 591,000 |
| Net interest income | 841,000 | 1,752,000 | 2,790,000 | 3,989,000 |
| Noninterest income | 199,000 | 417,000 | 658,000 | 1,277,000 |
| Noninterest expense | 881,000 | 1,753,000 | 2,674,000 | 3,837,000 |
| Provision for loan losses | 120,000 | 195,000 | 265,000 | 365,000 |
| Pretax income | 131,000 | 333,000 | 620,000 | 1,224,000 |
| Income tax | 52,000 | 127,000 | 230,000 | 327,000 |
| Net income | 79,000 | 206,000 | 390,000 | 897,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,545,000 | 19,699,000 | 19,885,000 | 23,764,000 |
| Total capital | 20,456,000 | 20,685,000 | 20,853,000 | 24,832,000 |
| Risk-weighted assets | 81,606,000 | 85,886,000 | 90,239,000 | 149,994,000 |