Call reports 2012
SUMMIT BANK — 2012
What SUMMIT BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 122,288,000 | 118,990,000 | 124,246,000 | 134,921,000 |
| Total loans | 92,313,000 | 94,901,000 | 94,204,000 | 98,440,000 |
| Allowance for loan losses | 1,447,000 | 1,470,000 | 1,450,000 | 1,492,000 |
| Securities available for sale | 14,326,000 | 12,001,000 | 10,051,000 | 10,803,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,728,000 | 97,639,000 | 103,425,000 | 116,679,000 |
| Interest-bearing deposits | 75,110,000 | 69,015,000 | 69,837,000 | 74,989,000 |
| Noninterest-bearing deposits | 26,617,000 | 28,624,000 | 33,587,000 | 41,690,000 |
| Equity capital | 11,811,000 | 12,002,000 | 12,214,000 | 12,239,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,165,000 | 2,332,000 | 3,528,000 | 4,779,000 |
| Interest expense | 71,000 | 139,000 | 207,000 | 263,000 |
| Net interest income | 1,094,000 | 2,193,000 | 3,321,000 | 4,516,000 |
| Noninterest income | 23,000 | 120,000 | 197,000 | 300,000 |
| Noninterest expense | 860,000 | 1,760,000 | 2,692,000 | 3,630,000 |
| Provision for loan losses | -20,000 | -34,000 | -66,000 | 165,000 |
| Pretax income | 277,000 | 587,000 | 892,000 | 1,028,000 |
| Income tax | 106,000 | 219,000 | 335,000 | 397,000 |
| Net income | 171,000 | 368,000 | 557,000 | 631,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,685,000 | 11,891,000 | 12,088,000 | 12,171,000 |
| Total capital | 12,934,000 | 13,146,000 | 13,336,000 | 13,486,000 |
| Risk-weighted assets | 100,074,000 | 100,419,000 | 99,852,000 | 105,039,000 |