Call reports 2017
FIRST SUMMIT BANK — 2017
What FIRST SUMMIT BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 27,473,000 | 27,475,000 | 26,950,000 | 26,868,000 |
| Total loans | 17,885,000 | 17,110,000 | 17,684,000 | 20,200,000 |
| Allowance for loan losses | 176,000 | 185,000 | 192,000 | 194,000 |
| Securities available for sale | 6,000 | 6,000 | 13,000 | 13,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,082,000 | 24,039,000 | 23,503,000 | 23,416,000 |
| Interest-bearing deposits | 19,635,000 | 19,549,000 | 19,172,000 | 19,455,000 |
| Noninterest-bearing deposits | 4,447,000 | 4,490,000 | 4,331,000 | 3,961,000 |
| Equity capital | 3,384,000 | 3,430,000 | 3,439,000 | 3,444,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 294,000 | 577,000 | 864,000 | 1,176,000 |
| Interest expense | 28,000 | 56,000 | 83,000 | 109,000 |
| Net interest income | 266,000 | 521,000 | 781,000 | 1,067,000 |
| Noninterest income | 39,000 | 108,000 | 147,000 | 183,000 |
| Noninterest expense | 307,000 | 582,000 | 869,000 | 1,184,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 11,000 |
| Pretax income | -5,000 | 41,000 | 50,000 | 55,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -5,000 | 41,000 | 50,000 | 55,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,324,000 | 3,370,000 | 3,379,000 | 3,384,000 |
| Total capital | 3,500,000 | 3,555,000 | 3,571,000 | 3,578,000 |
| Risk-weighted assets | 18,533,000 | 18,339,000 | 19,396,000 | 21,402,000 |