Call reports 2003
SUMMIT COMMUNITY BANK, INC. — 2003
What SUMMIT COMMUNITY BANK, INC. reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 166,340,000 | 161,994,000 | 171,306,000 | 180,127,000 |
| Total loans | 99,294,000 | 99,069,000 | 102,244,000 | 106,902,000 |
| Allowance for loan losses | 864,000 | 887,000 | 936,000 | 1,013,000 |
| Securities available for sale | 51,778,000 | 46,964,000 | 53,096,000 | 54,396,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,360,000 | 96,661,000 | 91,782,000 | 102,722,000 |
| Interest-bearing deposits | 88,008,000 | 85,418,000 | 81,381,000 | 88,774,000 |
| Noninterest-bearing deposits | 12,352,000 | 11,243,000 | 10,401,000 | 13,948,000 |
| Equity capital | 14,201,000 | 14,850,000 | 14,669,000 | 15,180,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 2,189,000 | 4,357,000 | 6,472,000 | 8,599,000 |
| Interest expense | 867,000 | 1,739,000 | 2,548,000 | 3,303,000 |
| Net interest income | 1,322,000 | 2,618,000 | 3,924,000 | 5,296,000 |
| Noninterest income | 138,000 | 305,000 | 466,000 | 647,000 |
| Noninterest expense | 834,000 | 1,667,000 | 2,550,000 | 3,418,000 |
| Provision for loan losses | 82,000 | 165,000 | 248,000 | 330,000 |
| Pretax income | 556,000 | 1,103,000 | 1,604,000 | 2,221,000 |
| Income tax | 167,000 | 337,000 | 489,000 | 644,000 |
| Net income | 389,000 | 766,000 | 1,115,000 | 1,577,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,573,000 | 10,985,000 | 11,341,000 | 11,830,000 |
| Total capital | 11,452,000 | 11,872,000 | 12,277,000 | 12,843,000 |
| Risk-weighted assets | 111,536,000 | 109,896,000 | 115,563,000 | 120,261,000 |