Call report 2024Q2
SUMMIT BANK — 2024Q2
The 22 measures SUMMIT BANK reported to the FFIEC for 2024Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 1,149,214,000 | USD | evidence → |
| Total loans | 1,012,462,000 | USD | evidence → |
| Allowance for loan losses | 12,131,000 | USD | evidence → |
| Securities available for sale | 50,617,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 1,021,834,000 | USD | evidence → |
| Interest-bearing deposits | 864,805,000 | USD | evidence → |
| Noninterest-bearing deposits | 157,029,000 | USD | evidence → |
| Equity capital | 117,888,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 37,009,000 | USD | evidence → |
| Interest expense | 12,309,000 | USD | evidence → |
| Net interest income | 24,700,000 | USD | evidence → |
| Noninterest income | 449,000 | USD | evidence → |
| Noninterest expense | 14,255,000 | USD | evidence → |
| Provision for loan losses | 4,237,000 | USD | evidence → |
| Pretax income | 7,042,000 | USD | evidence → |
| Income tax | 1,862,000 | USD | evidence → |
| Net income | 5,180,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 120,237,000 | USD | evidence → |