Call reports 2002
SUMMIT COMMUNITY BANK, INC. — 2002
What SUMMIT COMMUNITY BANK, INC. reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 144,043,000 | 150,338,000 | 159,508,000 | 153,467,000 |
| Total loans | 88,436,000 | 93,888,000 | 95,760,000 | 95,402,000 |
| Allowance for loan losses | 709,000 | 761,000 | 845,000 | 877,000 |
| Securities available for sale | 41,702,000 | 42,549,000 | 43,105,000 | 38,674,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,620,000 | 97,087,000 | 106,734,000 | 101,879,000 |
| Interest-bearing deposits | 82,087,000 | 87,724,000 | 88,512,000 | 88,359,000 |
| Noninterest-bearing deposits | 9,533,000 | 9,363,000 | 18,222,000 | 13,520,000 |
| Equity capital | 12,300,000 | 13,153,000 | 13,961,000 | 13,969,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 2,194,000 | 4,454,000 | 6,716,000 | 8,900,000 |
| Interest expense | 1,063,000 | 2,135,000 | 3,173,000 | 4,115,000 |
| Net interest income | 1,131,000 | 2,319,000 | 3,543,000 | 4,785,000 |
| Noninterest income | 122,000 | 269,000 | 431,000 | 596,000 |
| Noninterest expense | 757,000 | 1,525,000 | 2,312,000 | 3,154,000 |
| Provision for loan losses | 68,000 | 150,000 | 233,000 | 315,000 |
| Pretax income | 473,000 | 956,000 | 1,472,000 | 1,762,000 |
| Income tax | 136,000 | 288,000 | 452,000 | 521,000 |
| Net income | 337,000 | 668,000 | 1,020,000 | 1,241,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,129,000 | 9,497,000 | 9,887,000 | 10,146,000 |
| Total capital | 9,845,000 | 10,267,000 | 10,757,000 | 11,041,000 |
| Risk-weighted assets | 93,606,000 | 97,672,000 | 104,594,000 | 103,122,000 |