FACTANKER · measured, cited, anchored official records connected

Call report 2020Q1

SUMMIT BANK — 2020Q1

The 22 measures SUMMIT BANK reported to the FFIEC for 2020Q1, each linked to its source filing.

PERIOD: 2020Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/a3d68660-36e8-4615-9998-0aa90c2eea2a/2020Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets567,465,000USDevidence →
Total loans471,239,000USDevidence →
Allowance for loan losses7,042,000USDevidence →
Securities available for sale3,905,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits499,775,000USDevidence →
Interest-bearing deposits395,412,000USDevidence →
Noninterest-bearing deposits104,363,000USDevidence →
Equity capital47,936,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income6,971,000USDevidence →
Interest expense550,000USDevidence →
Net interest income6,421,000USDevidence →
Noninterest income250,000USDevidence →
Noninterest expense3,922,000USDevidence →
Provision for loan losses1,436,000USDevidence →
Pretax income1,313,000USDevidence →
Income tax342,000USDevidence →
Net income971,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital47,919,000USDevidence →