Call reports 2015
SUMMIT STATE BANK — 2015
What SUMMIT STATE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 474,375,000 | 492,283,000 | 505,564,000 | 513,365,000 |
| Total loans | 297,547,000 | 321,864,000 | 334,989,000 | 347,948,000 |
| Allowance for loan losses | 5,270,000 | 4,477,000 | 4,664,000 | 4,731,000 |
| Securities available for sale | 133,483,000 | 127,631,000 | 125,681,000 | 128,598,000 |
| Securities held to maturity | 6,981,000 | 5,986,000 | 5,987,000 | 5,988,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 366,212,000 | 359,405,000 | 393,606,000 | 397,246,000 |
| Interest-bearing deposits | 293,225,000 | 273,476,000 | 299,618,000 | 299,184,000 |
| Noninterest-bearing deposits | 72,987,000 | 85,929,000 | 93,988,000 | 98,062,000 |
| Equity capital | 69,536,000 | 69,249,000 | 56,989,000 | 57,325,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 4,378,000 | 8,949,000 | 13,700,000 | 18,573,000 |
| Interest expense | 223,000 | 442,000 | 684,000 | 936,000 |
| Net interest income | 4,155,000 | 8,507,000 | 13,016,000 | 17,637,000 |
| Noninterest income | 1,410,000 | 1,584,000 | 1,774,000 | 1,955,000 |
| Noninterest expense | 2,635,000 | 5,043,000 | 7,624,000 | 10,290,000 |
| Provision for loan losses | 0 | -800,000 | -800,000 | -800,000 |
| Pretax income | 2,930,000 | 5,900,000 | 8,074,000 | 10,259,000 |
| Income tax | 1,208,000 | 2,432,000 | 3,328,000 | 4,229,000 |
| Net income | 1,722,000 | 3,468,000 | 4,746,000 | 6,030,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,904,000 | 65,050,000 | 51,989,000 | 52,705,000 |
| Total capital | 68,311,000 | 69,557,000 | 56,683,000 | 57,480,000 |
| Risk-weighted assets | 351,629,000 | 369,889,000 | 380,437,000 | 391,727,000 |