Call reports 2018
SUMMIT BANK, NATIONAL ASSOCIATION — 2018
What SUMMIT BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 429,338,000 | 447,089,000 | 448,517,000 | 471,912,000 |
| Total loans | 280,161,000 | 285,511,000 | 300,474,000 | 297,338,000 |
| Allowance for loan losses | 4,236,000 | 4,179,000 | 4,282,000 | 4,338,000 |
| Securities available for sale | 89,350,000 | 84,706,000 | 82,583,000 | 81,006,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 351,755,000 | 370,778,000 | 373,057,000 | 404,543,000 |
| Interest-bearing deposits | 212,149,000 | 229,862,000 | 236,222,000 | 252,709,000 |
| Noninterest-bearing deposits | 139,606,000 | 140,916,000 | 136,836,000 | 151,834,000 |
| Equity capital | 49,912,000 | 51,985,000 | 53,735,000 | 55,263,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 4,139,000 | 8,733,000 | 13,470,000 | 18,538,000 |
| Interest expense | 438,000 | 1,036,000 | 1,651,000 | 2,520,000 |
| Net interest income | 3,701,000 | 7,697,000 | 11,819,000 | 16,018,000 |
| Noninterest income | 837,000 | 1,796,000 | 2,794,000 | 4,559,000 |
| Noninterest expense | 2,366,000 | 4,923,000 | 7,626,000 | 10,635,000 |
| Provision for loan losses | 400,000 | 480,000 | 630,000 | 630,000 |
| Pretax income | 1,778,000 | 4,080,000 | 6,347,000 | 9,302,000 |
| Income tax | 419,000 | 970,000 | 1,512,000 | 2,230,000 |
| Net income | 1,359,000 | 3,110,000 | 4,835,000 | 7,072,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,427,000 | 51,202,000 | 52,950,000 | 55,212,000 |
| Total capital | 53,663,000 | 55,381,000 | 57,232,000 | 59,550,000 |
| Risk-weighted assets | 355,442,000 | 352,416,000 | 373,000,000 | 366,527,000 |