Call reports 2011
SUMMIT STATE BANK — 2011
What SUMMIT STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 374,117,000 | 383,376,000 | 394,902,000 | 387,627,000 |
| Total loans | 287,007,000 | 279,644,000 | 278,431,000 | 275,374,000 |
| Allowance for loan losses | 6,723,000 | 7,319,000 | 6,876,000 | 5,411,000 |
| Securities available for sale | 61,084,000 | 68,004,000 | 79,914,000 | 88,660,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 300,107,000 | 313,413,000 | 324,544,000 | 312,059,000 |
| Interest-bearing deposits | 269,030,000 | 282,859,000 | 290,832,000 | 281,037,000 |
| Noninterest-bearing deposits | 31,077,000 | 30,554,000 | 33,712,000 | 31,022,000 |
| Equity capital | 55,305,000 | 56,176,000 | 61,170,000 | 61,009,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 4,688,000 | 9,502,000 | 14,073,000 | 18,678,000 |
| Interest expense | 745,000 | 1,498,000 | 2,251,000 | 2,928,000 |
| Net interest income | 3,943,000 | 8,004,000 | 11,822,000 | 15,750,000 |
| Noninterest income | 123,000 | 256,000 | 425,000 | 638,000 |
| Noninterest expense | 2,453,000 | 4,944,000 | 7,362,000 | 9,700,000 |
| Provision for loan losses | 800,000 | 1,400,000 | 3,000,000 | 3,650,000 |
| Pretax income | 813,000 | 1,916,000 | 2,540,000 | 3,792,000 |
| Income tax | 336,000 | 797,000 | 1,044,000 | 1,564,000 |
| Net income | 477,000 | 1,119,000 | 1,496,000 | 2,228,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,007,000 | 51,128,000 | 55,751,000 | 55,903,000 |
| Total capital | 54,719,000 | 54,829,000 | 59,566,000 | 59,688,000 |
| Risk-weighted assets | 293,989,000 | 292,261,000 | 301,721,000 | 301,153,000 |