Call reports 2013
SUMMIT COMMUNITY BANK — 2013
What SUMMIT COMMUNITY BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 |
|---|---|---|---|
| Total assets | 61,909,000 | 63,134,000 | 66,240,000 |
| Total loans | 44,241,000 | 45,680,000 | 47,417,000 |
| Allowance for loan losses | 968,000 | 968,000 | 968,000 |
| Securities available for sale | 8,061,000 | 7,771,000 | 7,669,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 47,903,000 | 49,100,000 | 51,785,000 |
| Interest-bearing deposits | 33,718,000 | 35,942,000 | 36,075,000 |
| Noninterest-bearing deposits | 14,185,000 | 13,158,000 | 15,710,000 |
| Equity capital | 10,915,000 | 10,938,000 | 11,320,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 |
|---|---|---|---|
| Interest income | 746,000 | 1,496,000 | 2,316,000 |
| Interest expense | 79,000 | 153,000 | 228,000 |
| Net interest income | 667,000 | 1,343,000 | 2,088,000 |
| Noninterest income | 103,000 | 162,000 | 319,000 |
| Noninterest expense | 388,000 | 817,000 | 1,243,000 |
| Provision for loan losses | 90,000 | 90,000 | 90,000 |
| Pretax income | 292,000 | 598,000 | 1,074,000 |
| Income tax | 0 | 0 | 0 |
| Net income | 292,000 | 598,000 | 1,074,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 |
|---|---|---|---|
| Tier 1 capital | 10,210,000 | 10,516,000 | 10,993,000 |
| Total capital | 10,795,000 | 11,103,000 | 11,601,000 |
| Risk-weighted assets | 46,424,000 | 46,540,000 | 48,286,000 |