Call reports 2015
FIRST SUMMIT BANK — 2015
What FIRST SUMMIT BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 29,182,000 | 28,886,000 | 29,241,000 | 28,417,000 |
| Total loans | 15,567,000 | 15,842,000 | 16,448,000 | 17,326,000 |
| Allowance for loan losses | 236,000 | 245,000 | 240,000 | 218,000 |
| Securities available for sale | 13,000 | 12,000 | 11,000 | 10,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,602,000 | 25,557,000 | 25,906,000 | 25,105,000 |
| Interest-bearing deposits | 21,066,000 | 21,173,000 | 21,134,000 | 20,433,000 |
| Noninterest-bearing deposits | 4,536,000 | 4,384,000 | 4,772,000 | 4,672,000 |
| Equity capital | 3,571,000 | 3,322,000 | 3,325,000 | 3,306,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 274,000 | 545,000 | 813,000 | 1,091,000 |
| Interest expense | 40,000 | 78,000 | 111,000 | 141,000 |
| Net interest income | 234,000 | 467,000 | 702,000 | 950,000 |
| Noninterest income | 44,000 | 121,000 | 167,000 | 217,000 |
| Noninterest expense | 256,000 | 522,000 | 799,000 | 1,116,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 22,000 | 66,000 | 70,000 | 51,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 22,000 | 66,000 | 70,000 | 51,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,511,000 | 3,262,000 | 3,265,000 | 3,246,000 |
| Total capital | 3,714,000 | 3,464,000 | 3,479,000 | 3,464,000 |
| Risk-weighted assets | 16,232,000 | 16,095,000 | 17,098,000 | 17,421,000 |