Call reports 2018
FIRST SUMMIT BANK — 2018
What FIRST SUMMIT BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 26,876,000 | 26,433,000 | 26,619,000 | 26,847,000 |
| Total loans | 20,038,000 | 19,039,000 | 18,496,000 | 19,303,000 |
| Allowance for loan losses | 200,000 | 206,000 | 211,000 | 214,000 |
| Securities available for sale | 13,000 | 14,000 | 12,000 | 10,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,374,000 | 22,853,000 | 23,012,000 | 23,241,000 |
| Interest-bearing deposits | 19,057,000 | 18,643,000 | 18,797,000 | 19,112,000 |
| Noninterest-bearing deposits | 4,317,000 | 4,210,000 | 4,215,000 | 4,129,000 |
| Equity capital | 3,495,000 | 3,570,000 | 3,598,000 | 3,597,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 329,000 | 643,000 | 943,000 | 1,251,000 |
| Interest expense | 27,000 | 54,000 | 83,000 | 114,000 |
| Net interest income | 302,000 | 589,000 | 860,000 | 1,137,000 |
| Noninterest income | 33,000 | 71,000 | 109,000 | 150,000 |
| Noninterest expense | 281,000 | 529,000 | 807,000 | 1,122,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 11,000 |
| Pretax income | 51,000 | 125,000 | 153,000 | 154,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 51,000 | 125,000 | 153,000 | 154,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,434,000 | 3,508,000 | 3,537,000 | 3,537,000 |
| Total capital | 3,635,000 | 3,715,000 | 3,748,000 | 3,751,000 |
| Risk-weighted assets | 20,287,000 | 19,929,000 | 20,024,000 | 20,985,000 |