Call reports 2001
FIRST SUMMIT BANK — 2001
What FIRST SUMMIT BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 25,749,000 | 26,344,000 | 26,515,000 | 27,005,000 |
| Total loans | 18,781,000 | 18,269,000 | 18,556,000 | 19,827,000 |
| Allowance for loan losses | 197,000 | 203,000 | 211,000 | 193,000 |
| Securities available for sale | 2,839,000 | 2,800,000 | 2,572,000 | 2,512,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,636,000 | 24,191,000 | 24,279,000 | 24,707,000 |
| Interest-bearing deposits | 21,221,000 | 21,376,000 | 21,717,000 | 22,008,000 |
| Noninterest-bearing deposits | 2,415,000 | 2,815,000 | 2,562,000 | 2,699,000 |
| Equity capital | 1,910,000 | 1,992,000 | 2,046,000 | 2,032,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 560,000 | 1,106,000 | 1,644,000 | 2,170,000 |
| Interest expense | 291,000 | 571,000 | 840,000 | 1,090,000 |
| Net interest income | 269,000 | 535,000 | 804,000 | 1,080,000 |
| Noninterest income | 39,000 | 81,000 | 132,000 | 180,000 |
| Noninterest expense | 161,000 | 325,000 | 494,000 | 783,000 |
| Provision for loan losses | 23,000 | 40,000 | 50,000 | 65,000 |
| Pretax income | 133,000 | 260,000 | 401,000 | 421,000 |
| Income tax | 51,000 | 100,000 | 154,000 | 158,000 |
| Net income | 82,000 | 160,000 | 247,000 | 263,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,871,000 | 1,948,000 | 1,986,000 | 1,979,000 |
| Total capital | 2,068,000 | 2,151,000 | 2,197,000 | 2,172,000 |
| Risk-weighted assets | 17,067,000 | 16,360,000 | 16,882,000 | 18,188,000 |