Call reports 2013
SUMMIT STATE BANK — 2013
What SUMMIT STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 438,266,000 | 432,067,000 | 459,272,000 | 454,075,000 |
| Total loans | 280,173,000 | 271,796,000 | 290,589,000 | 288,079,000 |
| Allowance for loan losses | 5,968,000 | 5,982,000 | 5,991,000 | 5,412,000 |
| Securities available for sale | 107,706,000 | 105,130,000 | 111,958,000 | 113,569,000 |
| Securities held to maturity | 17,055,000 | 15,558,000 | 15,558,000 | 15,558,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 342,254,000 | 340,506,000 | 352,043,000 | 341,268,000 |
| Interest-bearing deposits | 287,343,000 | 280,664,000 | 287,142,000 | 278,404,000 |
| Noninterest-bearing deposits | 54,911,000 | 59,843,000 | 64,901,000 | 62,864,000 |
| Equity capital | 63,433,000 | 61,238,000 | 61,272,000 | 61,630,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 4,490,000 | 8,895,000 | 13,273,000 | 17,841,000 |
| Interest expense | 375,000 | 710,000 | 1,010,000 | 1,275,000 |
| Net interest income | 4,115,000 | 8,185,000 | 12,263,000 | 16,566,000 |
| Noninterest income | 236,000 | 419,000 | 747,000 | 1,072,000 |
| Noninterest expense | 2,648,000 | 5,175,000 | 7,668,000 | 10,317,000 |
| Provision for loan losses | 0 | 50,000 | 50,000 | 50,000 |
| Pretax income | 1,705,000 | 3,460,000 | 5,366,000 | 7,351,000 |
| Income tax | 703,000 | 1,427,000 | 2,212,000 | 3,030,000 |
| Net income | 1,002,000 | 2,033,000 | 3,154,000 | 4,321,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,670,000 | 58,142,000 | 58,806,000 | 59,454,000 |
| Total capital | 61,831,000 | 62,202,000 | 63,130,000 | 63,752,000 |
| Risk-weighted assets | 331,037,000 | 322,860,000 | 344,246,000 | 342,701,000 |