Call reports 2017
SUMMIT COMMUNITY BANK, INC. — 2017
What SUMMIT COMMUNITY BANK, INC. reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,768,781,000 | 2,088,139,000 | 2,093,668,000 | 2,127,314,000 |
| Total loans | 1,304,805,000 | 1,551,468,000 | 1,572,013,000 | 1,606,308,000 |
| Allowance for loan losses | 11,718,000 | 12,332,000 | 12,464,000 | 12,565,000 |
| Securities available for sale | 281,952,000 | 336,735,000 | 328,649,000 | 328,646,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,303,278,000 | 1,615,700,000 | 1,618,784,000 | 1,603,262,000 |
| Interest-bearing deposits | 1,149,155,000 | 1,379,747,000 | 1,400,858,000 | 1,383,108,000 |
| Noninterest-bearing deposits | 154,123,000 | 235,953,000 | 217,926,000 | 220,154,000 |
| Equity capital | 166,801,000 | 206,147,000 | 211,540,000 | 214,380,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 17,669,000 | 39,892,000 | 61,923,000 | 84,504,000 |
| Interest expense | 3,873,000 | 8,081,000 | 12,703,000 | 17,666,000 |
| Net interest income | 13,796,000 | 31,811,000 | 49,220,000 | 66,838,000 |
| Noninterest income | 1,402,000 | 4,171,000 | 7,081,000 | 9,819,000 |
| Noninterest expense | 17,950,000 | 30,816,000 | 42,146,000 | 53,206,000 |
| Provision for loan losses | 250,000 | 500,000 | 875,000 | 1,250,000 |
| Pretax income | -3,060,000 | 4,698,000 | 13,338,000 | 22,187,000 |
| Income tax | -1,450,000 | 912,000 | 3,410,000 | 9,728,000 |
| Net income | -1,610,000 | 3,786,000 | 9,928,000 | 12,459,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 161,572,000 | 189,431,000 | 194,410,000 | 195,008,000 |
| Total capital | 173,290,000 | 201,763,000 | 206,874,000 | 207,573,000 |
| Risk-weighted assets | 1,398,850,000 | 1,628,107,000 | 1,642,545,000 | 1,664,566,000 |