Call reports 2005
SUMMIT STATE BANK — 2005
What SUMMIT STATE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 255,882,000 | 265,755,000 | 353,892,000 | 345,534,000 |
| Total loans | 207,025,000 | 220,667,000 | 235,313,000 | 239,807,000 |
| Allowance for loan losses | 3,334,000 | 3,445,000 | 3,556,000 | 3,667,000 |
| Securities available for sale | 9,558,000 | 12,692,000 | 16,139,000 | 19,547,000 |
| Securities held to maturity | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 204,112,000 | 213,285,000 | 311,110,000 | 301,819,000 |
| Interest-bearing deposits | 189,955,000 | 200,792,000 | 299,822,000 | 291,740,000 |
| Noninterest-bearing deposits | 14,157,000 | 12,493,000 | 11,288,000 | 10,079,000 |
| Equity capital | 25,592,000 | 26,139,000 | 26,623,000 | 27,043,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 3,535,000 | 7,251,000 | 11,726,000 | 16,876,000 |
| Interest expense | 1,080,000 | 2,308,000 | 4,068,000 | 6,286,000 |
| Net interest income | 2,455,000 | 4,943,000 | 7,658,000 | 10,590,000 |
| Noninterest income | 183,000 | 582,000 | 982,000 | 1,237,000 |
| Noninterest expense | 1,477,000 | 2,943,000 | 4,563,000 | 6,064,000 |
| Provision for loan losses | 111,000 | 222,000 | 333,000 | 444,000 |
| Pretax income | 1,050,000 | 2,360,000 | 3,744,000 | 5,319,000 |
| Income tax | 432,000 | 971,000 | 1,533,000 | 2,189,000 |
| Net income | 618,000 | 1,389,000 | 2,211,000 | 3,130,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,582,000 | 22,050,000 | 22,504,000 | 23,083,000 |
| Total capital | 24,207,000 | 24,796,000 | 25,673,000 | 26,321,000 |
| Risk-weighted assets | 209,076,000 | 218,734,000 | 252,960,000 | 258,461,000 |