Call reports 2013
SUMMIT BANK — 2013
What SUMMIT BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 141,772,000 | 142,801,000 | 150,150,000 | 152,457,000 |
| Total loans | 108,468,000 | 116,602,000 | 117,051,000 | 119,693,000 |
| Allowance for loan losses | 1,573,000 | 1,740,000 | 1,770,000 | 1,859,000 |
| Securities available for sale | 11,145,000 | 8,679,000 | 7,122,000 | 6,979,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 123,627,000 | 124,961,000 | 131,682,000 | 133,767,000 |
| Interest-bearing deposits | 85,825,000 | 84,805,000 | 83,597,000 | 87,321,000 |
| Noninterest-bearing deposits | 37,802,000 | 40,155,000 | 48,085,000 | 46,446,000 |
| Equity capital | 12,390,000 | 12,903,000 | 13,464,000 | 14,095,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,409,000 | 3,026,000 | 4,806,000 | 6,731,000 |
| Interest expense | 56,000 | 113,000 | 168,000 | 226,000 |
| Net interest income | 1,353,000 | 2,913,000 | 4,638,000 | 6,505,000 |
| Noninterest income | 95,000 | 204,000 | 410,000 | 687,000 |
| Noninterest expense | 1,009,000 | 1,988,000 | 3,056,000 | 4,238,000 |
| Provision for loan losses | 277,000 | 480,000 | 591,000 | 672,000 |
| Pretax income | 162,000 | 662,000 | 1,414,000 | 2,295,000 |
| Income tax | 53,000 | 236,000 | 519,000 | 857,000 |
| Net income | 109,000 | 426,000 | 895,000 | 1,438,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,281,000 | 12,836,000 | 13,396,000 | 14,037,000 |
| Total capital | 13,728,000 | 14,381,000 | 14,932,000 | 15,624,000 |
| Risk-weighted assets | 116,427,000 | 123,588,000 | 122,856,000 | 126,931,000 |