Call reports 2012
FIRST SUMMIT BANK — 2012
What FIRST SUMMIT BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 34,534,000 | 32,385,000 | 30,400,000 | 30,838,000 |
| Total loans | 26,545,000 | 23,708,000 | 21,706,000 | 18,046,000 |
| Allowance for loan losses | 1,544,000 | 1,347,000 | 1,243,000 | 2,000 |
| Securities available for sale | 25,000 | 24,000 | 23,000 | 22,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,946,000 | 29,735,000 | 27,815,000 | 27,493,000 |
| Interest-bearing deposits | 28,104,000 | 25,998,000 | 24,526,000 | 24,432,000 |
| Noninterest-bearing deposits | 3,842,000 | 3,737,000 | 3,289,000 | 3,061,000 |
| Equity capital | 2,555,000 | 2,636,000 | 2,572,000 | 3,326,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 467,000 | 900,000 | 1,295,000 | 174,000 |
| Interest expense | 103,000 | 182,000 | 247,000 | 31,000 |
| Net interest income | 364,000 | 718,000 | 1,048,000 | 143,000 |
| Noninterest income | 15,000 | 20,000 | 71,000 | 16,000 |
| Noninterest expense | 290,000 | 568,000 | 880,000 | 142,000 |
| Provision for loan losses | 0 | 0 | 0 | 2,000 |
| Pretax income | 89,000 | 170,000 | 239,000 | 15,000 |
| Income tax | 0 | 0 | 0 | 3,000 |
| Net income | 89,000 | 170,000 | 239,000 | 12,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,547,000 | 2,635,000 | 2,571,000 | 3,326,000 |
| Total capital | 2,854,000 | 2,910,000 | 2,823,000 | 3,328,000 |
| Risk-weighted assets | 23,283,000 | 20,937,000 | 19,193,000 | 17,471,000 |