Call reports 2015
SUMMIT BANK — 2015
What SUMMIT BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 191,132,000 | 199,113,000 | 234,007,000 | 236,305,000 |
| Total loans | 154,145,000 | 163,010,000 | 181,905,000 | 187,206,000 |
| Allowance for loan losses | 2,431,000 | 2,515,000 | 2,732,000 | 2,796,000 |
| Securities available for sale | 5,808,000 | 5,712,000 | 6,347,000 | 5,640,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 168,758,000 | 176,075,000 | 208,530,000 | 209,688,000 |
| Interest-bearing deposits | 118,572,000 | 122,517,000 | 147,630,000 | 148,663,000 |
| Noninterest-bearing deposits | 50,185,000 | 53,557,000 | 60,900,000 | 61,024,000 |
| Equity capital | 17,593,000 | 18,987,000 | 20,579,000 | 21,754,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,378,000 | 4,955,000 | 7,740,000 | 10,656,000 |
| Interest expense | 65,000 | 140,000 | 225,000 | 318,000 |
| Net interest income | 2,313,000 | 4,815,000 | 7,515,000 | 10,338,000 |
| Noninterest income | 177,000 | 611,000 | 997,000 | 1,316,000 |
| Noninterest expense | 1,363,000 | 2,847,000 | 4,494,000 | 6,291,000 |
| Provision for loan losses | 215,000 | 351,000 | 656,000 | 951,000 |
| Pretax income | 912,000 | 2,228,000 | 3,362,000 | 4,412,000 |
| Income tax | 343,000 | 840,000 | 1,269,000 | 1,672,000 |
| Net income | 569,000 | 1,388,000 | 2,093,000 | 2,740,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,558,000 | 18,957,000 | 20,549,000 | 21,746,000 |
| Total capital | 19,668,000 | 21,195,000 | 23,049,000 | 24,306,000 |
| Risk-weighted assets | 168,492,000 | 178,732,000 | 199,758,000 | 204,520,000 |