Call reports 2024
SUMMIT COMMUNITY BANK, INC. — 2024
What SUMMIT COMMUNITY BANK, INC. reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 |
|---|---|
| Total assets | 4,633,672,000 |
| Total loans | 3,697,042,000 |
| Allowance for loan losses | 49,232,000 |
| Securities available for sale | 490,271,000 |
| Securities held to maturity | 93,737,000 |
| Trading assets | 0 |
| Total deposits | 3,778,807,000 |
| Interest-bearing deposits | 3,142,905,000 |
| Noninterest-bearing deposits | 635,902,000 |
| Equity capital | 545,807,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 |
|---|---|
| Interest income | 65,447,000 |
| Interest expense | 24,099,000 |
| Net interest income | 41,348,000 |
| Noninterest income | 5,119,000 |
| Noninterest expense | 22,736,000 |
| Provision for loan losses | 1,049,000 |
| Pretax income | 23,637,000 |
| Income tax | 5,309,000 |
| Net income | 18,328,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 |
|---|---|
| Tier 1 capital | 488,335,000 |
| Total capital | 539,145,000 |
| Risk-weighted assets | 4,063,235,000 |
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