Call reports 2016
SUMMIT STATE BANK — 2016
What SUMMIT STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 522,182,000 | 518,279,000 | 513,668,000 | 513,704,000 |
| Total loans | 364,288,000 | 372,775,000 | 368,094,000 | 359,403,000 |
| Allowance for loan losses | 4,735,000 | 4,744,000 | 4,758,000 | 4,765,000 |
| Securities available for sale | 116,966,000 | 96,223,000 | 104,564,000 | 107,771,000 |
| Securities held to maturity | 5,989,000 | 13,961,000 | 7,974,000 | 7,976,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 407,101,000 | 395,750,000 | 382,710,000 | 384,251,000 |
| Interest-bearing deposits | 296,908,000 | 283,566,000 | 268,633,000 | 271,711,000 |
| Noninterest-bearing deposits | 110,193,000 | 112,184,000 | 114,077,000 | 112,540,000 |
| Equity capital | 58,578,000 | 59,458,000 | 60,280,000 | 58,622,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 5,034,000 | 10,092,000 | 14,936,000 | 19,907,000 |
| Interest expense | 331,000 | 633,000 | 933,000 | 1,233,000 |
| Net interest income | 4,703,000 | 9,459,000 | 14,003,000 | 18,674,000 |
| Noninterest income | 183,000 | 374,000 | 579,000 | 770,000 |
| Noninterest expense | 2,760,000 | 6,127,000 | 8,822,000 | 11,686,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,259,000 | 4,394,000 | 6,429,000 | 8,450,000 |
| Income tax | 931,000 | 1,812,000 | 2,649,000 | 3,482,000 |
| Net income | 1,328,000 | 2,582,000 | 3,780,000 | 4,968,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,466,000 | 54,154,000 | 54,778,000 | 55,388,000 |
| Total capital | 58,257,000 | 58,954,000 | 59,601,000 | 60,230,000 |
| Risk-weighted assets | 407,558,000 | 415,910,000 | 413,612,000 | 411,069,000 |