Call reports 2004
SUMMIT STATE BANK — 2004
What SUMMIT STATE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 230,524,000 | 238,565,000 | 232,966,000 | 247,890,000 |
| Total loans | 181,513,000 | 182,306,000 | 195,496,000 | 203,383,000 |
| Allowance for loan losses | 2,890,000 | 3,001,000 | 3,112,000 | 3,223,000 |
| Securities available for sale | 8,348,000 | 8,201,000 | 6,256,000 | 8,248,000 |
| Securities held to maturity | 0 | 5,000,000 | 5,000,000 | 5,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 179,997,000 | 188,335,000 | 177,254,000 | 189,466,000 |
| Interest-bearing deposits | 171,087,000 | 177,513,000 | 168,095,000 | 179,479,000 |
| Noninterest-bearing deposits | 8,910,000 | 10,822,000 | 9,159,000 | 9,987,000 |
| Equity capital | 24,131,000 | 24,422,000 | 24,977,000 | 25,387,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 3,120,000 | 6,239,000 | 9,629,000 | 13,030,000 |
| Interest expense | 829,000 | 1,645,000 | 2,526,000 | 3,490,000 |
| Net interest income | 2,291,000 | 4,594,000 | 7,103,000 | 9,540,000 |
| Noninterest income | 144,000 | 276,000 | 413,000 | 550,000 |
| Noninterest expense | 1,308,000 | 2,565,000 | 3,786,000 | 5,111,000 |
| Provision for loan losses | 111,000 | 222,000 | 333,000 | 444,000 |
| Pretax income | 1,016,000 | 2,083,000 | 3,397,000 | 4,535,000 |
| Income tax | 418,000 | 857,000 | 1,396,000 | 1,866,000 |
| Net income | 598,000 | 1,226,000 | 2,001,000 | 2,669,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,955,000 | 20,331,000 | 20,852,000 | 21,268,000 |
| Total capital | 22,222,000 | 22,613,000 | 23,228,000 | 23,920,000 |
| Risk-weighted assets | 180,476,000 | 181,575,000 | 189,203,000 | 211,327,000 |