Call reports 2009
FIRST SUMMIT BANK — 2009
What FIRST SUMMIT BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 43,246,000 | 41,548,000 | 45,440,000 | 44,520,000 |
| Total loans | 32,481,000 | 32,689,000 | 33,431,000 | 35,271,000 |
| Allowance for loan losses | 249,000 | 316,000 | 317,000 | 317,000 |
| Securities available for sale | 562,000 | 558,000 | 553,000 | 548,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,931,000 | 37,065,000 | 40,885,000 | 39,897,000 |
| Interest-bearing deposits | 35,961,000 | 34,232,000 | 37,673,000 | 36,964,000 |
| Noninterest-bearing deposits | 2,970,000 | 2,833,000 | 3,212,000 | 2,934,000 |
| Equity capital | 4,114,000 | 4,210,000 | 4,225,000 | 4,245,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 743,000 | 1,458,000 | 2,157,000 | 2,796,000 |
| Interest expense | 242,000 | 463,000 | 671,000 | 878,000 |
| Net interest income | 501,000 | 995,000 | 1,486,000 | 1,918,000 |
| Noninterest income | 55,000 | 119,000 | 186,000 | 226,000 |
| Noninterest expense | 285,000 | 572,000 | 850,000 | 1,160,000 |
| Provision for loan losses | 75,000 | 190,000 | 315,000 | 442,000 |
| Pretax income | 196,000 | 352,000 | 507,000 | 542,000 |
| Income tax | 73,000 | 132,000 | 190,000 | 203,000 |
| Net income | 123,000 | 220,000 | 317,000 | 339,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,101,000 | 4,199,000 | 4,216,000 | 4,238,000 |
| Total capital | 4,350,000 | 4,515,000 | 4,533,000 | 4,555,000 |
| Risk-weighted assets | 30,042,000 | 29,652,000 | 31,000,000 | 31,836,000 |