Call reports 2019
SUMMIT BANK, NATIONAL ASSOCIATION — 2019
What SUMMIT BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 |
|---|---|---|
| Total assets | 519,473,000 | 522,429,000 |
| Total loans | 281,439,000 | 284,766,000 |
| Allowance for loan losses | 4,338,000 | 4,338,000 |
| Securities available for sale | 80,279,000 | 77,360,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 449,235,000 | 453,130,000 |
| Interest-bearing deposits | 266,060,000 | 275,412,000 |
| Noninterest-bearing deposits | 183,175,000 | 177,718,000 |
| Equity capital | 57,823,000 | 59,862,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 |
|---|---|---|
| Interest income | 5,773,000 | 11,088,000 |
| Interest expense | 830,000 | 1,700,000 |
| Net interest income | 4,943,000 | 9,388,000 |
| Noninterest income | 1,702,000 | 2,981,000 |
| Noninterest expense | 3,373,000 | 6,068,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | 3,272,000 | 6,301,000 |
| Income tax | 798,000 | 1,472,000 |
| Net income | 2,474,000 | 4,829,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 |
|---|---|---|
| Tier 1 capital | 57,706,000 | 60,078,000 |
| Total capital | 62,044,000 | 64,416,000 |
| Risk-weighted assets | 352,324,000 | 359,123,000 |