Call reports 2004
FIRST SUMMIT BANK — 2004
What FIRST SUMMIT BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 30,833,000 | 31,991,000 | 33,052,000 | 33,373,000 |
| Total loans | 22,063,000 | 22,478,000 | 22,908,000 | 23,575,000 |
| Allowance for loan losses | 223,000 | 237,000 | 255,000 | 238,000 |
| Securities available for sale | 2,235,000 | 2,131,000 | 2,165,000 | 1,887,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,040,000 | 28,927,000 | 30,168,000 | 30,354,000 |
| Interest-bearing deposits | 26,148,000 | 26,625,000 | 27,934,000 | 28,188,000 |
| Noninterest-bearing deposits | 1,892,000 | 2,303,000 | 2,234,000 | 2,166,000 |
| Equity capital | 2,598,000 | 2,638,000 | 2,703,000 | 2,772,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 493,000 | 976,000 | 1,478,000 | 1,990,000 |
| Interest expense | 162,000 | 315,000 | 468,000 | 626,000 |
| Net interest income | 331,000 | 661,000 | 1,010,000 | 1,364,000 |
| Noninterest income | 39,000 | 85,000 | 129,000 | 175,000 |
| Noninterest expense | 206,000 | 413,000 | 623,000 | 895,000 |
| Provision for loan losses | 35,000 | 62,000 | 89,000 | 105,000 |
| Pretax income | 129,000 | 271,000 | 427,000 | 539,000 |
| Income tax | 49,000 | 103,000 | 162,000 | 196,000 |
| Net income | 80,000 | 168,000 | 265,000 | 343,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,578,000 | 2,667,000 | 2,699,000 | 2,776,000 |
| Total capital | 2,801,000 | 2,904,000 | 2,954,000 | 3,014,000 |
| Risk-weighted assets | 19,965,000 | 20,400,000 | 21,015,000 | 21,432,000 |