Call reports 2001
SUMMIT STATE BANK — 2001
What SUMMIT STATE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 215,357,000 | 194,065,000 | 194,830,000 | 194,012,000 |
| Total loans | 163,818,000 | 164,767,000 | 165,413,000 | 171,899,000 |
| Allowance for loan losses | 1,891,000 | 1,981,000 | 2,071,000 | 2,161,000 |
| Securities available for sale | 8,000 | 9,000 | 8,000 | 8,000 |
| Securities held to maturity | 2,499,000 | 1,999,000 | 2,000,000 | 1,500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 172,597,000 | 163,915,000 | 159,821,000 | 160,767,000 |
| Interest-bearing deposits | 170,974,000 | 160,675,000 | 157,383,000 | 158,591,000 |
| Noninterest-bearing deposits | 1,623,000 | 3,240,000 | 2,438,000 | 2,176,000 |
| Equity capital | 19,970,000 | 20,324,000 | 20,723,000 | 20,668,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 4,299,000 | 8,174,000 | 11,835,000 | 15,212,000 |
| Interest expense | 2,628,000 | 4,798,000 | 6,700,000 | 8,338,000 |
| Net interest income | 1,671,000 | 3,376,000 | 5,135,000 | 6,874,000 |
| Noninterest income | 50,000 | 96,000 | 137,000 | 177,000 |
| Noninterest expense | 1,075,000 | 2,082,000 | 3,066,000 | 4,099,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 360,000 |
| Pretax income | 556,000 | 1,210,000 | 1,936,000 | 2,592,000 |
| Income tax | 164,000 | 464,000 | 791,000 | 1,082,000 |
| Net income | 392,000 | 746,000 | 1,145,000 | 1,510,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,572,000 | 16,017,000 | 16,509,000 | 16,546,000 |
| Total capital | 17,258,000 | 17,686,000 | 18,143,000 | 18,224,000 |
| Risk-weighted assets | 134,445,000 | 132,920,000 | 130,041,000 | 133,483,000 |