Call reports 2006
1ST SUMMIT BANK — 2006
What 1ST SUMMIT BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 410,687,000 | 423,538,000 | 430,973,000 | 439,112,000 |
| Total loans | 227,449,000 | 241,959,000 | 250,243,000 | 260,305,000 |
| Allowance for loan losses | 3,130,000 | 3,197,000 | 3,234,000 | 3,266,000 |
| Securities available for sale | 143,196,000 | 138,268,000 | 136,645,000 | 132,163,000 |
| Securities held to maturity | 16,911,000 | 17,040,000 | 18,525,000 | 20,407,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 351,015,000 | 359,984,000 | 370,594,000 | 383,705,000 |
| Interest-bearing deposits | 324,991,000 | 331,112,000 | 344,596,000 | 351,677,000 |
| Noninterest-bearing deposits | 26,024,000 | 28,872,000 | 25,998,000 | 32,028,000 |
| Equity capital | 30,544,000 | 28,964,000 | 32,188,000 | 33,441,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 5,909,000 | 12,088,000 | 18,574,000 | 25,237,000 |
| Interest expense | 2,771,000 | 5,809,000 | 9,153,000 | 12,656,000 |
| Net interest income | 3,138,000 | 6,279,000 | 9,421,000 | 12,581,000 |
| Noninterest income | 857,000 | 1,749,000 | 2,759,000 | 3,663,000 |
| Noninterest expense | 2,409,000 | 4,841,000 | 7,250,000 | 9,759,000 |
| Provision for loan losses | 106,000 | 236,000 | 371,000 | 496,000 |
| Pretax income | 1,494,000 | 2,965,000 | 4,624,000 | 6,117,000 |
| Income tax | 411,000 | 804,000 | 1,218,000 | 1,558,000 |
| Net income | 1,083,000 | 2,161,000 | 3,406,000 | 4,559,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,934,000 | 33,327,000 | 34,002,000 | 34,466,000 |
| Total capital | 36,685,000 | 37,124,000 | 37,869,000 | 38,205,000 |
| Risk-weighted assets | 259,201,000 | 275,621,000 | 282,445,000 | 290,303,000 |