Call reports 2013
SUMMIT BANK, NATIONAL ASSOCIATION — 2013
What SUMMIT BANK, NATIONAL ASSOCIATION 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 | 260,388,000 | 272,242,000 | 261,069,000 | 257,946,000 |
| Total loans | 133,690,000 | 132,699,000 | 138,547,000 | 144,549,000 |
| Allowance for loan losses | 1,898,000 | 1,973,000 | 2,064,000 | 2,214,000 |
| Securities available for sale | 60,585,000 | 60,023,000 | 57,333,000 | 54,881,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 219,198,000 | 219,283,000 | 212,286,000 | 198,204,000 |
| Interest-bearing deposits | 132,377,000 | 128,902,000 | 126,623,000 | 119,102,000 |
| Noninterest-bearing deposits | 86,822,000 | 90,381,000 | 85,663,000 | 79,102,000 |
| Equity capital | 27,331,000 | 34,595,000 | 34,934,000 | 35,658,000 |
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 | 2,304,000 | 4,755,000 | 7,687,000 | 10,285,000 |
| Interest expense | 175,000 | 343,000 | 523,000 | 745,000 |
| Net interest income | 2,129,000 | 4,412,000 | 7,164,000 | 9,540,000 |
| Noninterest income | 547,000 | 1,211,000 | 2,193,000 | 3,474,000 |
| Noninterest expense | 1,714,000 | 3,851,000 | 6,575,000 | 9,130,000 |
| Provision for loan losses | 80,000 | 160,000 | 250,000 | 400,000 |
| Pretax income | 877,000 | 1,763,000 | 2,684,000 | 3,628,000 |
| Income tax | 292,000 | 568,000 | 881,000 | 1,178,000 |
| Net income | 585,000 | 1,195,000 | 1,803,000 | 2,450,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,762,000 | 34,882,000 | 35,501,000 | 36,205,000 |
| Total capital | 28,660,000 | 36,855,000 | 37,565,000 | 38,419,000 |
| Risk-weighted assets | 168,604,000 | 171,581,000 | 176,175,000 | 181,876,000 |