Call reports 2004
SUMMIT COMMUNITY BANK, INC. — 2004
What SUMMIT COMMUNITY BANK, INC. reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 175,341,000 | 190,314,000 | 187,122,000 | 603,950,000 |
| Total loans | 112,921,000 | 119,847,000 | 117,675,000 | 409,201,000 |
| Allowance for loan losses | 1,081,000 | 1,186,000 | 1,229,000 | 3,507,000 |
| Securities available for sale | 46,853,000 | 53,880,000 | 52,980,000 | 148,093,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,284,000 | 104,402,000 | 110,202,000 | 319,471,000 |
| Interest-bearing deposits | 92,266,000 | 91,848,000 | 97,846,000 | 278,653,000 |
| Noninterest-bearing deposits | 11,018,000 | 12,554,000 | 12,356,000 | 40,818,000 |
| Equity capital | 15,888,000 | 15,022,000 | 16,363,000 | 45,965,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,156,000 | 4,363,000 | 6,628,000 | 31,733,000 |
| Interest expense | 763,000 | 1,561,000 | 2,447,000 | 12,189,000 |
| Net interest income | 1,393,000 | 2,802,000 | 4,181,000 | 19,544,000 |
| Noninterest income | 181,000 | 400,000 | 603,000 | 2,222,000 |
| Noninterest expense | 897,000 | 1,816,000 | 2,775,000 | 10,652,000 |
| Provision for loan losses | 97,000 | 195,000 | 293,000 | 690,000 |
| Pretax income | 571,000 | 1,186,000 | 1,711,000 | 10,479,000 |
| Income tax | 172,000 | 360,000 | 509,000 | 3,186,000 |
| Net income | 399,000 | 826,000 | 1,202,000 | 7,293,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,279,000 | 12,604,000 | 13,110,000 | 42,165,000 |
| Total capital | 13,360,000 | 13,790,000 | 14,339,000 | 45,672,000 |
| Risk-weighted assets | 122,570,000 | 131,299,000 | 127,786,000 | 422,710,000 |