Call reports 2003
1ST SUMMIT BANK — 2003
What 1ST SUMMIT BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 316,456,000 | 326,208,000 | 331,952,000 | 340,050,000 |
| Total loans | 175,586,000 | 178,479,000 | 181,472,000 | 184,089,000 |
| Allowance for loan losses | 2,181,000 | 2,285,000 | 2,448,000 | 2,510,000 |
| Securities available for sale | 113,873,000 | 119,000,000 | 120,287,000 | 117,292,000 |
| Securities held to maturity | 8,924,000 | 12,315,000 | 15,078,000 | 16,410,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 272,346,000 | 279,181,000 | 286,267,000 | 293,995,000 |
| Interest-bearing deposits | 252,213,000 | 259,930,000 | 266,178,000 | 272,876,000 |
| Noninterest-bearing deposits | 20,133,000 | 19,251,000 | 20,089,000 | 21,119,000 |
| Equity capital | 23,847,000 | 26,720,000 | 26,105,000 | 27,148,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 4,541,000 | 9,185,000 | 13,741,000 | 18,511,000 |
| Interest expense | 1,969,000 | 3,963,000 | 5,903,000 | 7,819,000 |
| Net interest income | 2,572,000 | 5,222,000 | 7,838,000 | 10,692,000 |
| Noninterest income | 642,000 | 1,285,000 | 2,012,000 | 2,739,000 |
| Noninterest expense | 1,855,000 | 3,845,000 | 5,774,000 | 7,873,000 |
| Provision for loan losses | 160,000 | 310,000 | 480,000 | 775,000 |
| Pretax income | 1,199,000 | 2,352,000 | 3,676,000 | 4,917,000 |
| Income tax | 314,000 | 651,000 | 985,000 | 1,339,000 |
| Net income | 885,000 | 1,701,000 | 2,691,000 | 3,578,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,904,000 | 24,021,000 | 25,011,000 | 25,399,000 |
| Total capital | 25,107,000 | 27,356,000 | 28,518,000 | 29,011,000 |
| Risk-weighted assets | 185,738,000 | 193,545,000 | 202,361,000 | 203,262,000 |