Call reports 2007
SUMMIT STATE BANK — 2007
What SUMMIT STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 323,359,000 | 330,732,000 | 338,016,000 | 340,193,000 |
| Total loans | 260,095,000 | 266,219,000 | 278,139,000 | 270,688,000 |
| Allowance for loan losses | 3,556,000 | 3,175,000 | 3,362,000 | 3,620,000 |
| Securities available for sale | 35,876,000 | 34,502,000 | 34,910,000 | 35,426,000 |
| Securities held to maturity | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 238,493,000 | 245,286,000 | 246,701,000 | 249,061,000 |
| Interest-bearing deposits | 226,559,000 | 234,148,000 | 236,227,000 | 239,308,000 |
| Noninterest-bearing deposits | 11,935,000 | 11,138,000 | 10,474,000 | 9,753,000 |
| Equity capital | 48,239,000 | 47,868,000 | 48,231,000 | 47,715,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 5,546,000 | 11,140,000 | 16,962,000 | 22,757,000 |
| Interest expense | 2,766,000 | 5,741,000 | 8,829,000 | 11,906,000 |
| Net interest income | 2,780,000 | 5,399,000 | 8,133,000 | 10,851,000 |
| Noninterest income | 116,000 | 275,000 | 381,000 | 496,000 |
| Noninterest expense | 1,818,000 | 3,650,000 | 5,464,000 | 7,293,000 |
| Provision for loan losses | 71,000 | 331,000 | 490,000 | 749,000 |
| Pretax income | 1,007,000 | 1,693,000 | 2,560,000 | 3,305,000 |
| Income tax | 415,000 | 701,000 | 1,059,000 | 1,363,000 |
| Net income | 592,000 | 992,000 | 1,501,000 | 1,942,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,182,000 | 44,146,000 | 44,222,000 | 43,524,000 |
| Total capital | 47,509,000 | 47,374,000 | 47,636,000 | 47,127,000 |
| Risk-weighted assets | 265,739,000 | 283,279,000 | 294,978,000 | 287,634,000 |