Call reports 2021
FIRST SUMMIT BANK — 2021
What FIRST SUMMIT BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 28,418,000 | 28,867,000 | 28,917,000 | 28,770,000 |
| Total loans | 19,551,000 | 19,113,000 | 18,896,000 | 19,765,000 |
| Allowance for loan losses | 237,000 | 239,000 | 242,000 | 244,000 |
| Securities available for sale | 2,000 | 2,000 | 2,000 | 2,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,691,000 | 25,117,000 | 25,166,000 | 25,012,000 |
| Interest-bearing deposits | 19,059,000 | 19,468,000 | 20,269,000 | 19,841,000 |
| Noninterest-bearing deposits | 5,632,000 | 5,649,000 | 4,897,000 | 5,171,000 |
| Equity capital | 3,713,000 | 3,740,000 | 3,740,000 | 3,728,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 293,000 | 583,000 | 864,000 | 1,153,000 |
| Interest expense | 30,000 | 58,000 | 86,000 | 113,000 |
| Net interest income | 263,000 | 525,000 | 778,000 | 1,040,000 |
| Noninterest income | 133,000 | 211,000 | 283,000 | 314,000 |
| Noninterest expense | 333,000 | 646,000 | 971,000 | 1,277,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 66,000 | 93,000 | 93,000 | 81,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 66,000 | 93,000 | 93,000 | 81,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,653,000 | 3,680,000 | 3,680,000 | 3,668,000 |