Call reports 2019
SUMMIT STATE BANK — 2019
What SUMMIT STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 626,290,000 | 635,622,000 | 680,840,000 | 695,978,000 |
| Total loans | 516,128,000 | 543,002,000 | 560,672,000 | 583,317,000 |
| Allowance for loan losses | 6,139,000 | 6,328,000 | 6,550,000 | 6,769,000 |
| Securities available for sale | 70,690,000 | 59,853,000 | 58,657,000 | 54,241,000 |
| Securities held to maturity | 7,993,000 | 7,995,000 | 7,996,000 | 7,998,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 555,255,000 | 532,257,000 | 605,130,000 | 573,838,000 |
| Interest-bearing deposits | 437,385,000 | 412,722,000 | 470,065,000 | 444,754,000 |
| Noninterest-bearing deposits | 117,870,000 | 119,535,000 | 135,065,000 | 129,084,000 |
| Equity capital | 63,365,000 | 64,741,000 | 66,504,000 | 67,344,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 7,196,000 | 14,388,000 | 22,008,000 | 30,003,000 |
| Interest expense | 1,650,000 | 3,342,000 | 5,189,000 | 7,025,000 |
| Net interest income | 5,546,000 | 11,046,000 | 16,819,000 | 22,978,000 |
| Noninterest income | 403,000 | 668,000 | 1,582,000 | 2,322,000 |
| Noninterest expense | 4,121,000 | 8,035,000 | 11,637,000 | 15,719,000 |
| Provision for loan losses | 100,000 | 280,000 | 490,000 | 700,000 |
| Pretax income | 1,728,000 | 3,392,000 | 6,268,000 | 8,875,000 |
| Income tax | 303,000 | 795,000 | 1,626,000 | 2,398,000 |
| Net income | 1,425,000 | 2,597,000 | 4,642,000 | 6,477,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,555,000 | 60,004,000 | 61,136,000 | 62,071,000 |
| Total capital | 65,990,000 | 72,526,000 | 73,821,000 | 74,986,000 |
| Risk-weighted assets | 558,807,000 | 559,835,000 | 584,854,000 | 606,739,000 |