Call reports 2019
FIRST SUMMIT BANK — 2019
What FIRST SUMMIT BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 27,257,000 | 26,573,000 | 27,202,000 | 27,222,000 |
| Total loans | 19,350,000 | 18,239,000 | 18,321,000 | 19,067,000 |
| Allowance for loan losses | 217,000 | 220,000 | 223,000 | 225,000 |
| Securities available for sale | 10,000 | 10,000 | 11,000 | 11,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,620,000 | 22,946,000 | 23,554,000 | 23,591,000 |
| Interest-bearing deposits | 19,352,000 | 18,741,000 | 19,430,000 | 19,164,000 |
| Noninterest-bearing deposits | 4,268,000 | 4,205,000 | 4,124,000 | 4,427,000 |
| Equity capital | 3,602,000 | 3,611,000 | 3,627,000 | 3,620,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 318,000 | 632,000 | 945,000 | 1,253,000 |
| Interest expense | 47,000 | 97,000 | 149,000 | 203,000 |
| Net interest income | 271,000 | 535,000 | 796,000 | 1,050,000 |
| Noninterest income | 37,000 | 76,000 | 115,000 | 168,000 |
| Noninterest expense | 302,000 | 595,000 | 879,000 | 1,194,000 |
| Provision for loan losses | 1,000 | 2,000 | 3,000 | 3,000 |
| Pretax income | 5,000 | 14,000 | 29,000 | 21,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 5,000 | 14,000 | 29,000 | 21,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,542,000 | 3,551,000 | 3,566,000 | 3,558,000 |
| Total capital | 3,759,000 | 3,771,000 | 3,789,000 | 3,784,000 |
| Risk-weighted assets | 21,180,000 | 20,069,000 | 20,443,000 | 20,936,000 |