Call reports 2019
SUMMIT COMMUNITY BANK, INC. — 2019
What SUMMIT COMMUNITY BANK, INC. reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 2,241,017,000 | 2,296,102,000 | 2,321,705,000 | 2,401,941,000 |
| Total loans | 1,738,629,000 | 1,819,316,000 | 1,852,919,000 | 1,914,819,000 |
| Allowance for loan losses | 13,132,000 | 13,152,000 | 12,941,000 | 13,074,000 |
| Securities available for sale | 297,126,000 | 269,920,000 | 265,347,000 | 276,355,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,792,365,000 | 1,801,560,000 | 1,834,154,000 | 1,915,412,000 |
| Interest-bearing deposits | 1,530,352,000 | 1,563,096,000 | 1,590,286,000 | 1,652,685,000 |
| Noninterest-bearing deposits | 262,013,000 | 238,464,000 | 243,868,000 | 262,727,000 |
| Equity capital | 244,830,000 | 251,343,000 | 261,426,000 | 267,132,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 25,861,000 | 52,735,000 | 79,977,000 | 107,041,000 |
| Interest expense | 7,046,000 | 14,419,000 | 22,014,000 | 29,038,000 |
| Net interest income | 18,815,000 | 38,316,000 | 57,963,000 | 78,003,000 |
| Noninterest income | 2,782,000 | 4,706,000 | 7,844,000 | 11,661,000 |
| Noninterest expense | 12,121,000 | 25,058,000 | 37,363,000 | 49,870,000 |
| Provision for loan losses | 250,000 | 550,000 | 1,050,000 | 1,550,000 |
| Pretax income | 9,223,000 | 18,497,000 | 28,929,000 | 40,182,000 |
| Income tax | 1,697,000 | 3,531,000 | 5,583,000 | 7,909,000 |
| Net income | 7,526,000 | 14,966,000 | 23,346,000 | 32,273,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 222,400,000 | 228,143,000 | 236,937,000 | 244,045,000 |
| Total capital | 235,532,000 | 241,295,000 | 249,878,000 | 257,119,000 |
| Risk-weighted assets | 1,805,244,000 | 1,909,641,000 | 1,943,887,000 | 2,021,146,000 |