Call reports 2005
1ST SUMMIT BANK — 2005
What 1ST SUMMIT BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 383,474,000 | 398,593,000 | 403,150,000 | 404,901,000 |
| Total loans | 207,089,000 | 214,077,000 | 218,683,000 | 221,434,000 |
| Allowance for loan losses | 2,902,000 | 2,939,000 | 3,017,000 | 3,051,000 |
| Securities available for sale | 136,633,000 | 138,997,000 | 144,337,000 | 142,778,000 |
| Securities held to maturity | 15,870,000 | 15,923,000 | 15,981,000 | 16,301,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 325,692,000 | 333,906,000 | 349,840,000 | 352,593,000 |
| Interest-bearing deposits | 303,350,000 | 311,483,000 | 325,963,000 | 327,844,000 |
| Noninterest-bearing deposits | 22,342,000 | 22,423,000 | 23,877,000 | 24,749,000 |
| Equity capital | 30,415,000 | 32,349,000 | 31,696,000 | 30,733,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 5,116,000 | 10,423,000 | 15,979,000 | 21,773,000 |
| Interest expense | 2,067,000 | 4,284,000 | 6,719,000 | 9,342,000 |
| Net interest income | 3,049,000 | 6,139,000 | 9,260,000 | 12,431,000 |
| Noninterest income | 747,000 | 1,517,000 | 2,399,000 | 3,256,000 |
| Noninterest expense | 2,294,000 | 4,667,000 | 7,053,000 | 9,525,000 |
| Provision for loan losses | 120,000 | 227,000 | 352,000 | 470,000 |
| Pretax income | 1,424,000 | 2,894,000 | 4,438,000 | 5,885,000 |
| Income tax | 386,000 | 755,000 | 1,147,000 | 1,529,000 |
| Net income | 1,038,000 | 2,139,000 | 3,291,000 | 4,356,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,741,000 | 31,293,000 | 31,914,000 | 32,346,000 |
| Total capital | 34,455,000 | 35,038,000 | 35,731,000 | 35,997,000 |
| Risk-weighted assets | 235,560,000 | 242,339,000 | 248,126,000 | 252,229,000 |