Call reports 2017
SUMMIT BANK, NATIONAL ASSOCIATION — 2017
What SUMMIT BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 389,143,000 | 408,522,000 | 413,109,000 | 414,393,000 |
| Total loans | 226,476,000 | 241,506,000 | 252,243,000 | 272,136,000 |
| Allowance for loan losses | 3,204,000 | 3,274,000 | 3,524,000 | 3,836,000 |
| Securities available for sale | 105,511,000 | 101,932,000 | 101,754,000 | 92,058,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 315,676,000 | 334,612,000 | 336,042,000 | 335,389,000 |
| Interest-bearing deposits | 194,981,000 | 200,613,000 | 192,604,000 | 200,940,000 |
| Noninterest-bearing deposits | 120,696,000 | 133,999,000 | 143,437,000 | 134,449,000 |
| Equity capital | 45,685,000 | 46,744,000 | 47,896,000 | 48,329,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,149,000 | 6,586,000 | 10,342,000 | 14,234,000 |
| Interest expense | 289,000 | 615,000 | 940,000 | 1,307,000 |
| Net interest income | 2,860,000 | 5,971,000 | 9,402,000 | 12,927,000 |
| Noninterest income | 809,000 | 1,486,000 | 2,351,000 | 3,041,000 |
| Noninterest expense | 2,528,000 | 4,920,000 | 7,319,000 | 9,842,000 |
| Provision for loan losses | 50,000 | 120,000 | 370,000 | 681,000 |
| Pretax income | 1,091,000 | 2,480,000 | 4,127,000 | 5,530,000 |
| Income tax | 337,000 | 787,000 | 1,333,000 | 2,462,000 |
| Net income | 754,000 | 1,693,000 | 2,794,000 | 3,068,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,721,000 | 46,665,000 | 47,778,000 | 48,048,000 |
| Total capital | 48,925,000 | 49,939,000 | 51,302,000 | 51,884,000 |
| Risk-weighted assets | 309,715,000 | 332,127,000 | 335,521,000 | 355,006,000 |