Call reports 2011
SUMMIT BANK — 2011
What SUMMIT BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 121,391,000 | 123,654,000 | 129,288,000 | 123,227,000 |
| Total loans | 88,202,000 | 90,234,000 | 91,373,000 | 92,349,000 |
| Allowance for loan losses | 1,460,000 | 1,377,000 | 1,430,000 | 1,475,000 |
| Securities available for sale | 14,010,000 | 11,643,000 | 21,589,000 | 18,058,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,115,000 | 100,960,000 | 105,840,000 | 101,716,000 |
| Interest-bearing deposits | 77,493,000 | 76,315,000 | 78,322,000 | 71,298,000 |
| Noninterest-bearing deposits | 24,622,000 | 24,645,000 | 27,518,000 | 30,418,000 |
| Equity capital | 11,132,000 | 11,365,000 | 11,424,000 | 11,522,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,197,000 | 2,427,000 | 3,635,000 | 4,841,000 |
| Interest expense | 161,000 | 303,000 | 434,000 | 523,000 |
| Net interest income | 1,036,000 | 2,124,000 | 3,201,000 | 4,318,000 |
| Noninterest income | 72,000 | 134,000 | 250,000 | 317,000 |
| Noninterest expense | 869,000 | 1,689,000 | 2,531,000 | 3,446,000 |
| Provision for loan losses | 18,000 | 81,000 | 130,000 | 189,000 |
| Pretax income | 221,000 | 488,000 | 790,000 | 1,000,000 |
| Income tax | 83,000 | 185,000 | 302,000 | 383,000 |
| Net income | 138,000 | 303,000 | 488,000 | 617,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,982,000 | 11,152,000 | 11,346,000 | 11,507,000 |
| Total capital | 12,165,000 | 12,361,000 | 12,594,000 | 12,755,000 |
| Risk-weighted assets | 94,579,000 | 96,909,000 | 99,805,000 | 99,809,000 |