Call reports 2003
SUMMIT STATE BANK — 2003
What SUMMIT STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 220,822,000 | 231,052,000 | 234,080,000 | 232,754,000 |
| Total loans | 186,496,000 | 197,867,000 | 200,138,000 | 184,602,000 |
| Allowance for loan losses | 2,611,000 | 2,701,000 | 2,791,000 | 2,881,000 |
| Securities available for sale | 557,000 | 957,000 | 5,875,000 | 9,593,000 |
| Securities held to maturity | 500,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 172,314,000 | 179,443,000 | 184,366,000 | 181,804,000 |
| Interest-bearing deposits | 167,409,000 | 169,494,000 | 176,513,000 | 174,417,000 |
| Noninterest-bearing deposits | 4,905,000 | 9,950,000 | 7,853,000 | 7,387,000 |
| Equity capital | 22,562,000 | 23,019,000 | 23,446,000 | 23,783,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 3,195,000 | 6,287,000 | 9,560,000 | 12,755,000 |
| Interest expense | 1,138,000 | 2,236,000 | 3,251,000 | 4,178,000 |
| Net interest income | 2,057,000 | 4,051,000 | 6,309,000 | 8,577,000 |
| Noninterest income | 95,000 | 200,000 | 304,000 | 415,000 |
| Noninterest expense | 1,225,000 | 2,460,000 | 3,691,000 | 4,948,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 360,000 |
| Pretax income | 837,000 | 1,611,000 | 2,652,000 | 3,684,000 |
| Income tax | 346,000 | 663,000 | 1,094,000 | 1,518,000 |
| Net income | 491,000 | 948,000 | 1,558,000 | 2,166,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,440,000 | 18,897,000 | 19,254,000 | 19,609,000 |
| Total capital | 20,543,000 | 21,251,000 | 21,539,000 | 21,858,000 |
| Risk-weighted assets | 167,519,000 | 187,725,000 | 182,037,000 | 179,042,000 |