Call reports 2012
SUMMIT COMMUNITY BANK — 2012
What SUMMIT COMMUNITY BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 59,969,000 | 62,516,000 | 63,641,000 | 60,568,000 |
| Total loans | 43,146,000 | 43,381,000 | 45,780,000 | 45,108,000 |
| Allowance for loan losses | 614,000 | 660,000 | 823,000 | 878,000 |
| Securities available for sale | 6,600,000 | 8,026,000 | 8,076,000 | 8,054,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,751,000 | 49,115,000 | 48,728,000 | 46,316,000 |
| Interest-bearing deposits | 38,993,000 | 38,580,000 | 36,701,000 | 32,573,000 |
| Noninterest-bearing deposits | 7,758,000 | 10,535,000 | 12,027,000 | 13,743,000 |
| Equity capital | 10,121,000 | 10,281,000 | 10,686,000 | 11,119,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 944,000 | 1,690,000 | 2,531,000 | 3,077,000 |
| Interest expense | 110,000 | 208,000 | 298,000 | 365,000 |
| Net interest income | 834,000 | 1,482,000 | 2,233,000 | 2,712,000 |
| Noninterest income | 8,000 | 54,000 | 148,000 | 501,000 |
| Noninterest expense | 360,000 | 726,000 | 1,061,000 | 1,381,000 |
| Provision for loan losses | 112,000 | 374,000 | 537,000 | 600,000 |
| Pretax income | 370,000 | 436,000 | 783,000 | 1,232,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 370,000 | 436,000 | 783,000 | 1,232,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,564,000 | 9,629,000 | 9,977,000 | 10,426,000 |
| Total capital | 10,114,000 | 10,191,000 | 10,559,000 | 11,002,000 |
| Risk-weighted assets | 43,955,000 | 44,848,000 | 46,316,000 | 45,772,000 |