Call reports 2009
SUMMIT STATE BANK — 2009
What SUMMIT STATE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 362,104,000 | 355,918,000 | 347,075,000 | 340,400,000 |
| Total loans | 302,223,000 | 304,485,000 | 295,969,000 | 293,015,000 |
| Allowance for loan losses | 4,442,000 | 4,415,000 | 4,758,000 | 4,737,000 |
| Securities available for sale | 41,563,000 | 32,049,000 | 31,843,000 | 27,400,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 250,000,000 | 256,355,000 | 262,533,000 | 264,252,000 |
| Interest-bearing deposits | 238,353,000 | 243,633,000 | 247,453,000 | 248,548,000 |
| Noninterest-bearing deposits | 11,647,000 | 12,722,000 | 15,080,000 | 15,704,000 |
| Equity capital | 55,763,000 | 55,655,000 | 55,894,000 | 55,506,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 5,342,000 | 10,634,000 | 15,768,000 | 20,653,000 |
| Interest expense | 1,640,000 | 3,060,000 | 4,424,000 | 5,560,000 |
| Net interest income | 3,702,000 | 7,574,000 | 11,344,000 | 15,093,000 |
| Noninterest income | 153,000 | 263,000 | 378,000 | 494,000 |
| Noninterest expense | 2,010,000 | 4,210,000 | 6,347,000 | 8,405,000 |
| Provision for loan losses | 450,000 | 1,000,000 | 2,450,000 | 3,650,000 |
| Pretax income | 1,423,000 | 2,655,000 | 2,936,000 | 3,543,000 |
| Income tax | 576,000 | 1,095,000 | 1,211,000 | 1,462,000 |
| Net income | 847,000 | 1,560,000 | 1,725,000 | 2,081,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,686,000 | 51,869,000 | 51,506,000 | 51,338,000 |
| Total capital | 55,356,000 | 55,551,000 | 55,087,000 | 54,911,000 |
| Risk-weighted assets | 292,415,000 | 293,274,000 | 282,982,000 | 283,916,000 |