Call reports 2011
SUMMIT COMMUNITY BANK, INC. — 2011
What SUMMIT COMMUNITY BANK, INC. reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 1,474,552,000 | 1,460,174,000 | 1,456,938,000 | 1,442,550,000 |
| Total loans | 996,717,000 | 989,579,000 | 982,592,000 | 983,229,000 |
| Allowance for loan losses | 16,933,000 | 18,015,000 | 17,949,000 | 17,712,000 |
| Securities available for sale | 293,117,000 | 295,691,000 | 292,344,000 | 286,507,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,067,328,000 | 1,050,071,000 | 1,054,392,000 | 1,025,254,000 |
| Interest-bearing deposits | 975,384,000 | 960,130,000 | 961,903,000 | 927,845,000 |
| Noninterest-bearing deposits | 91,944,000 | 89,941,000 | 92,489,000 | 97,409,000 |
| Equity capital | 125,977,000 | 128,944,000 | 132,845,000 | 134,713,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 18,194,000 | 36,298,000 | 53,946,000 | 71,028,000 |
| Interest expense | 7,641,000 | 15,132,000 | 22,405,000 | 29,370,000 |
| Net interest income | 10,553,000 | 21,166,000 | 31,541,000 | 41,658,000 |
| Noninterest income | -2,186,000 | -893,000 | -534,000 | 423,000 |
| Noninterest expense | 5,800,000 | 12,714,000 | 19,457,000 | 26,310,000 |
| Provision for loan losses | 3,000,000 | 6,000,000 | 8,001,000 | 10,000,000 |
| Pretax income | -1,145,000 | 633,000 | 3,656,000 | 6,019,000 |
| Income tax | -547,000 | -33,000 | 741,000 | 1,304,000 |
| Net income | -598,000 | 666,000 | 2,915,000 | 4,715,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 120,506,000 | 122,637,000 | 126,800,000 | 129,058,000 |
| Total capital | 134,073,000 | 136,133,000 | 140,150,000 | 142,329,000 |
| Risk-weighted assets | 1,067,968,000 | 1,062,982,000 | 1,049,385,000 | 1,045,049,000 |