Call reports 2001
1ST SUMMIT BANK — 2001
What 1ST SUMMIT BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 229,666,000 | 249,683,000 | 246,350,000 | 246,013,000 |
| Total loans | 152,822,000 | 157,114,000 | 159,052,000 | 164,012,000 |
| Allowance for loan losses | 1,636,000 | 1,648,000 | 1,705,000 | 1,800,000 |
| Securities available for sale | 51,668,000 | 60,836,000 | 61,977,000 | 60,876,000 |
| Securities held to maturity | 10,285,000 | 9,957,000 | 9,598,000 | 8,817,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 196,844,000 | 205,094,000 | 206,130,000 | 205,826,000 |
| Interest-bearing deposits | 182,515,000 | 191,233,000 | 192,147,000 | 191,916,000 |
| Noninterest-bearing deposits | 14,329,000 | 13,861,000 | 13,983,000 | 13,910,000 |
| Equity capital | 19,000,000 | 19,110,000 | 20,085,000 | 19,799,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 4,152,000 | 8,401,000 | 12,709,000 | 16,945,000 |
| Interest expense | 2,316,000 | 4,628,000 | 6,883,000 | 9,003,000 |
| Net interest income | 1,836,000 | 3,773,000 | 5,826,000 | 7,942,000 |
| Noninterest income | 371,000 | 789,000 | 1,218,000 | 1,657,000 |
| Noninterest expense | 1,571,000 | 3,183,000 | 4,819,000 | 6,577,000 |
| Provision for loan losses | 115,000 | 200,000 | 293,000 | 509,000 |
| Pretax income | 587,000 | 1,245,000 | 2,026,000 | 2,639,000 |
| Income tax | 173,000 | 322,000 | 479,000 | 619,000 |
| Net income | 414,000 | 923,000 | 1,547,000 | 2,020,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,010,000 | 18,175,000 | 18,812,000 | 18,923,000 |
| Total capital | 19,851,000 | 20,050,000 | 20,729,000 | 20,743,000 |
| Risk-weighted assets | 150,217,000 | 154,402,000 | 155,491,000 | 158,966,000 |