Call reports 2009
SUMMIT COMMUNITY BANK — 2009
What SUMMIT COMMUNITY BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 52,950,000 | 49,507,000 | 48,412,000 | 71,650,000 |
| Total loans | 50,827,000 | 45,411,000 | 43,514,000 | 42,959,000 |
| Allowance for loan losses | 840,000 | 647,000 | 737,000 | 827,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,261,000 | 30,718,000 | 29,687,000 | 57,923,000 |
| Interest-bearing deposits | 30,487,000 | 25,705,000 | 23,540,000 | 52,085,000 |
| Noninterest-bearing deposits | 4,774,000 | 5,013,000 | 6,147,000 | 5,839,000 |
| Equity capital | 8,095,000 | 7,942,000 | 7,935,000 | 8,125,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 689,000 | 1,351,000 | 2,020,000 | 2,874,000 |
| Interest expense | 207,000 | 415,000 | 589,000 | 778,000 |
| Net interest income | 482,000 | 936,000 | 1,431,000 | 2,096,000 |
| Noninterest income | 15,000 | 31,000 | 53,000 | 53,000 |
| Noninterest expense | 327,000 | 680,000 | 1,114,000 | 1,499,000 |
| Provision for loan losses | 120,000 | 390,000 | 480,000 | 570,000 |
| Pretax income | 50,000 | -103,000 | -110,000 | 80,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 50,000 | -103,000 | -110,000 | 80,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,095,000 | 7,942,000 | 7,935,000 | 8,125,000 |
| Total capital | 8,708,000 | 8,517,000 | 8,499,000 | 8,740,000 |
| Risk-weighted assets | 48,313,000 | 45,262,000 | 44,371,000 | 48,238,000 |