Call reports 2021
SUMMIT COMMUNITY BANK, INC. — 2021
What SUMMIT COMMUNITY BANK, INC. reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 3,245,975,000 | 3,271,279,000 | 3,507,693,000 | 3,555,648,000 |
| Total loans | 2,455,155,000 | 2,431,553,000 | 2,555,503,000 | 2,761,619,000 |
| Allowance for loan losses | 34,042,000 | 33,885,000 | 32,406,000 | 32,298,000 |
| Securities available for sale | 311,383,000 | 345,741,000 | 424,741,000 | 401,102,000 |
| Securities held to maturity | 99,457,000 | 98,995,000 | 98,529,000 | 98,060,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,730,119,000 | 2,734,727,000 | 2,961,685,000 | 2,957,272,000 |
| Interest-bearing deposits | 2,219,746,000 | 2,226,108,000 | 2,380,398,000 | 2,374,103,000 |
| Noninterest-bearing deposits | 510,373,000 | 508,619,000 | 581,287,000 | 583,169,000 |
| Equity capital | 339,430,000 | 361,243,000 | 369,338,000 | 419,557,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 29,758,000 | 59,708,000 | 90,586,000 | 122,398,000 |
| Interest expense | 2,975,000 | 5,583,000 | 7,895,000 | 9,986,000 |
| Net interest income | 26,783,000 | 54,125,000 | 82,691,000 | 112,412,000 |
| Noninterest income | 4,362,000 | 8,291,000 | 12,623,000 | 18,158,000 |
| Noninterest expense | 15,858,000 | 31,817,000 | 48,452,000 | 65,500,000 |
| Provision for loan losses | 1,985,000 | 2,030,000 | 830,000 | 915,000 |
| Pretax income | 14,263,000 | 28,701,000 | 44,896,000 | 61,495,000 |
| Income tax | 3,133,000 | 6,255,000 | 9,462,000 | 12,493,000 |
| Net income | 11,130,000 | 22,446,000 | 35,434,000 | 49,002,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 289,485,000 | 313,592,000 | 313,549,000 | 364,125,000 |
| Total capital | 313,910,000 | 338,828,000 | 338,670,000 | 390,236,000 |
| Risk-weighted assets | 2,610,387,000 | 2,630,996,000 | 2,808,248,000 | 3,047,468,000 |
Machine access — free, no API key
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