Call reports 2004
1ST SUMMIT BANK — 2004
What 1ST SUMMIT BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 349,172,000 | 356,993,000 | 369,586,000 | 374,598,000 |
| Total loans | 188,450,000 | 194,689,000 | 196,279,000 | 202,232,000 |
| Allowance for loan losses | 2,586,000 | 2,733,000 | 2,760,000 | 2,800,000 |
| Securities available for sale | 126,255,000 | 124,530,000 | 131,556,000 | 132,872,000 |
| Securities held to maturity | 16,295,000 | 16,014,000 | 16,174,000 | 16,072,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 300,386,000 | 305,892,000 | 319,150,000 | 324,020,000 |
| Interest-bearing deposits | 277,505,000 | 285,151,000 | 297,958,000 | 302,335,000 |
| Noninterest-bearing deposits | 22,881,000 | 20,741,000 | 21,193,000 | 21,685,000 |
| Equity capital | 29,009,000 | 27,596,000 | 31,311,000 | 31,533,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 4,735,000 | 9,474,000 | 14,334,000 | 19,331,000 |
| Interest expense | 1,887,000 | 3,766,000 | 5,685,000 | 7,679,000 |
| Net interest income | 2,848,000 | 5,708,000 | 8,649,000 | 11,652,000 |
| Noninterest income | 609,000 | 1,333,000 | 2,068,000 | 2,794,000 |
| Noninterest expense | 2,011,000 | 4,140,000 | 6,268,000 | 8,554,000 |
| Provision for loan losses | 165,000 | 415,000 | 565,000 | 760,000 |
| Pretax income | 1,364,000 | 2,763,000 | 4,262,000 | 5,545,000 |
| Income tax | 364,000 | 739,000 | 1,091,000 | 1,450,000 |
| Net income | 1,000,000 | 2,024,000 | 3,171,000 | 4,095,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,398,000 | 28,658,000 | 29,554,000 | 29,953,000 |
| Total capital | 30,069,000 | 32,427,000 | 33,348,000 | 33,623,000 |
| Risk-weighted assets | 210,138,000 | 222,889,000 | 225,508,000 | 230,785,000 |