Call reports 2010
SUMMIT COMMUNITY BANK — 2010
What SUMMIT COMMUNITY BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 78,618,000 | 79,983,000 | 80,112,000 | 74,557,000 |
| Total loans | 43,506,000 | 44,574,000 | 43,686,000 | 42,972,000 |
| Allowance for loan losses | 857,000 | 887,000 | 923,000 | 824,000 |
| Securities available for sale | 4,872,000 | 2,226,000 | 6,301,000 | 5,933,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,908,000 | 67,085,000 | 66,920,000 | 60,030,000 |
| Interest-bearing deposits | 58,429,000 | 60,444,000 | 60,422,000 | 52,231,000 |
| Noninterest-bearing deposits | 7,479,000 | 6,641,000 | 6,498,000 | 7,799,000 |
| Equity capital | 8,125,000 | 8,286,000 | 8,546,000 | 8,278,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 730,000 | 1,537,000 | 2,300,000 | 3,114,000 |
| Interest expense | 305,000 | 633,000 | 968,000 | 1,292,000 |
| Net interest income | 425,000 | 904,000 | 1,332,000 | 1,822,000 |
| Noninterest income | 1,000 | 18,000 | 48,000 | 93,000 |
| Noninterest expense | 344,000 | 766,000 | 1,139,000 | 1,541,000 |
| Provision for loan losses | 30,000 | 60,000 | 96,000 | 132,000 |
| Pretax income | 52,000 | 124,000 | 173,000 | 270,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 52,000 | 124,000 | 173,000 | 270,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,177,000 | 8,249,000 | 8,299,000 | 8,396,000 |
| Total capital | 8,801,000 | 8,889,000 | 8,933,000 | 9,004,000 |
| Risk-weighted assets | 49,691,000 | 51,723,000 | 50,415,000 | 48,384,000 |