Call reports 2005
SUMMIT COMMUNITY BANK, INC. — 2005
What SUMMIT COMMUNITY BANK, INC. reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 608,545,000 | 630,030,000 | 667,342,000 | 709,622,000 |
| Total loans | 422,567,000 | 440,419,000 | 471,785,000 | 508,627,000 |
| Allowance for loan losses | 3,631,000 | 3,801,000 | 3,961,000 | 4,060,000 |
| Securities available for sale | 144,659,000 | 145,447,000 | 146,496,000 | 149,241,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 325,944,000 | 349,399,000 | 365,555,000 | 380,094,000 |
| Interest-bearing deposits | 283,113,000 | 304,009,000 | 316,639,000 | 336,028,000 |
| Noninterest-bearing deposits | 42,831,000 | 45,390,000 | 48,916,000 | 44,066,000 |
| Equity capital | 46,480,000 | 48,141,000 | 49,583,000 | 52,317,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 8,341,000 | 17,304,000 | 26,851,000 | 37,386,000 |
| Interest expense | 3,447,000 | 7,317,000 | 11,771,000 | 16,998,000 |
| Net interest income | 4,894,000 | 9,987,000 | 15,080,000 | 20,388,000 |
| Noninterest income | 562,000 | 1,240,000 | 1,961,000 | 2,470,000 |
| Noninterest expense | 2,642,000 | 5,321,000 | 8,043,000 | 10,847,000 |
| Provision for loan losses | 210,000 | 420,000 | 630,000 | 790,000 |
| Pretax income | 2,604,000 | 5,486,000 | 8,406,000 | 10,096,000 |
| Income tax | 803,000 | 1,748,000 | 2,673,000 | 2,953,000 |
| Net income | 1,801,000 | 3,738,000 | 5,733,000 | 7,143,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,932,000 | 44,421,000 | 46,468,000 | 50,490,000 |
| Total capital | 47,563,000 | 48,222,000 | 50,429,000 | 54,550,000 |
| Risk-weighted assets | 436,881,000 | 456,214,000 | 484,169,000 | 522,400,000 |