Call reports 2018
SUMMIT COMMUNITY BANK, INC. — 2018
What SUMMIT COMMUNITY BANK, INC. reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 2,127,650,000 | 2,100,643,000 | 2,131,874,000 | 2,192,939,000 |
| Total loans | 1,643,629,000 | 1,630,088,000 | 1,646,040,000 | 1,695,452,000 |
| Allowance for loan losses | 12,258,000 | 12,580,000 | 12,944,000 | 13,047,000 |
| Securities available for sale | 296,752,000 | 283,084,000 | 287,902,000 | 293,146,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,656,928,000 | 1,642,490,000 | 1,657,159,000 | 1,638,587,000 |
| Interest-bearing deposits | 1,435,230,000 | 1,422,862,000 | 1,418,368,000 | 1,412,707,000 |
| Noninterest-bearing deposits | 221,698,000 | 219,628,000 | 238,791,000 | 225,880,000 |
| Equity capital | 217,950,000 | 223,023,000 | 223,319,000 | 231,111,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 22,892,000 | 46,284,000 | 70,076,000 | 95,382,000 |
| Interest expense | 5,442,000 | 11,339,000 | 17,692,000 | 24,714,000 |
| Net interest income | 17,450,000 | 34,945,000 | 52,384,000 | 70,668,000 |
| Noninterest income | 2,836,000 | 5,668,000 | 8,781,000 | 11,732,000 |
| Noninterest expense | 10,985,000 | 22,171,000 | 33,361,000 | 44,411,000 |
| Provision for loan losses | 500,000 | 1,250,000 | 1,750,000 | 2,250,000 |
| Pretax income | 9,533,000 | 18,011,000 | 26,882,000 | 36,361,000 |
| Income tax | 1,892,000 | 3,653,000 | 5,363,000 | 7,243,000 |
| Net income | 7,641,000 | 14,358,000 | 21,519,000 | 29,118,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 199,727,000 | 205,204,000 | 207,725,000 | 213,930,000 |
| Total capital | 211,985,000 | 217,784,000 | 220,669,000 | 226,977,000 |
| Risk-weighted assets | 1,702,368,000 | 1,703,617,000 | 1,737,552,000 | 1,777,740,000 |