Call reports 2009
SUMMIT BANK — 2009
What SUMMIT BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 107,335,000 | 113,228,000 | 118,934,000 | 125,770,000 |
| Total loans | 88,744,000 | 90,965,000 | 93,195,000 | 94,660,000 |
| Allowance for loan losses | 1,216,000 | 1,065,000 | 1,265,000 | 1,600,000 |
| Securities available for sale | 8,754,000 | 7,940,000 | 7,171,000 | 7,366,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,010,000 | 91,798,000 | 97,551,000 | 106,512,000 |
| Interest-bearing deposits | 73,429,000 | 73,584,000 | 78,255,000 | 84,469,000 |
| Noninterest-bearing deposits | 15,580,000 | 18,215,000 | 19,296,000 | 22,043,000 |
| Equity capital | 10,628,000 | 10,734,000 | 10,945,000 | 10,581,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,313,000 | 2,686,000 | 4,143,000 | 5,523,000 |
| Interest expense | 236,000 | 460,000 | 685,000 | 935,000 |
| Net interest income | 1,077,000 | 2,226,000 | 3,458,000 | 4,588,000 |
| Noninterest income | -61,000 | -145,000 | -108,000 | -49,000 |
| Noninterest expense | 792,000 | 1,612,000 | 2,461,000 | 3,310,000 |
| Provision for loan losses | 67,000 | 120,000 | 330,000 | 1,258,000 |
| Pretax income | 157,000 | 349,000 | 559,000 | -29,000 |
| Income tax | 58,000 | 123,000 | 197,000 | -19,000 |
| Net income | 99,000 | 226,000 | 362,000 | -10,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,495,000 | 10,627,000 | 10,783,000 | 10,434,000 |
| Total capital | 11,693,000 | 11,705,000 | 12,009,000 | 11,726,000 |
| Risk-weighted assets | 95,030,000 | 98,402,000 | 99,796,000 | 103,056,000 |