Call reports 2006
FIRST SUMMIT BANK — 2006
What FIRST SUMMIT BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 34,703,000 | 36,702,000 | 37,091,000 | 37,248,000 |
| Total loans | 26,351,000 | 26,530,000 | 27,506,000 | 28,713,000 |
| Allowance for loan losses | 211,000 | 225,000 | 239,000 | 212,000 |
| Securities available for sale | 1,292,000 | 1,268,000 | 1,280,000 | 1,284,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,453,000 | 33,335,000 | 33,637,000 | 33,670,000 |
| Interest-bearing deposits | 28,601,000 | 30,314,000 | 30,624,000 | 30,462,000 |
| Noninterest-bearing deposits | 2,852,000 | 3,021,000 | 3,013,000 | 3,209,000 |
| Equity capital | 3,055,000 | 3,167,000 | 3,201,000 | 3,283,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 632,000 | 1,289,000 | 1,979,000 | 2,687,000 |
| Interest expense | 242,000 | 512,000 | 809,000 | 1,122,000 |
| Net interest income | 390,000 | 777,000 | 1,170,000 | 1,565,000 |
| Noninterest income | 50,000 | 107,000 | 157,000 | 202,000 |
| Noninterest expense | 231,000 | 461,000 | 693,000 | 980,000 |
| Provision for loan losses | 24,000 | 40,000 | 67,000 | 102,000 |
| Pretax income | 185,000 | 383,000 | 567,000 | 685,000 |
| Income tax | 69,000 | 145,000 | 213,000 | 255,000 |
| Net income | 116,000 | 238,000 | 354,000 | 430,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,086,000 | 3,206,000 | 3,229,000 | 3,305,000 |
| Total capital | 3,297,000 | 3,431,000 | 3,468,000 | 3,517,000 |
| Risk-weighted assets | 23,866,000 | 24,492,000 | 25,144,000 | 26,023,000 |