Call reports 2006
SUMMIT STATE BANK — 2006
What SUMMIT STATE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 286,721,000 | 299,413,000 | 303,545,000 | 312,948,000 |
| Total loans | 242,142,000 | 250,348,000 | 252,280,000 | 256,595,000 |
| Allowance for loan losses | 3,643,000 | 3,641,000 | 3,736,000 | 3,735,000 |
| Securities available for sale | 19,447,000 | 21,671,000 | 26,131,000 | 25,828,000 |
| Securities held to maturity | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 238,182,000 | 236,428,000 | 224,752,000 | 232,999,000 |
| Interest-bearing deposits | 227,952,000 | 225,920,000 | 213,692,000 | 221,782,000 |
| Noninterest-bearing deposits | 10,230,000 | 10,508,000 | 11,060,000 | 11,217,000 |
| Equity capital | 27,433,000 | 27,669,000 | 47,590,000 | 47,812,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 4,923,000 | 9,848,000 | 15,112,000 | 20,454,000 |
| Interest expense | 2,071,000 | 4,288,000 | 6,712,000 | 9,422,000 |
| Net interest income | 2,852,000 | 5,560,000 | 8,400,000 | 11,032,000 |
| Noninterest income | 141,000 | 283,000 | 457,000 | 662,000 |
| Noninterest expense | 1,602,000 | 3,151,000 | 4,885,000 | 6,580,000 |
| Provision for loan losses | 111,000 | 222,000 | 253,000 | 253,000 |
| Pretax income | 1,280,000 | 2,470,000 | 3,719,000 | 4,861,000 |
| Income tax | 530,000 | 1,037,000 | 1,552,000 | 2,053,000 |
| Net income | 750,000 | 1,433,000 | 2,167,000 | 2,808,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,540,000 | 23,940,000 | 43,579,000 | 43,753,000 |
| Total capital | 26,795,000 | 27,216,000 | 46,895,000 | 47,026,000 |
| Risk-weighted assets | 259,848,000 | 261,433,000 | 264,631,000 | 261,189,000 |