Call reports 2007
1ST SUMMIT BANK — 2007
What 1ST SUMMIT BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 443,065,000 | 448,709,000 | 460,821,000 | 468,418,000 |
| Total loans | 268,746,000 | 274,355,000 | 277,695,000 | 283,780,000 |
| Allowance for loan losses | 3,334,000 | 3,362,000 | 3,404,000 | 3,472,000 |
| Securities available for sale | 128,245,000 | 123,635,000 | 128,429,000 | 131,685,000 |
| Securities held to maturity | 22,349,000 | 24,813,000 | 25,233,000 | 25,301,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 383,540,000 | 391,820,000 | 403,808,000 | 398,581,000 |
| Interest-bearing deposits | 355,447,000 | 362,548,000 | 375,703,000 | 371,329,000 |
| Noninterest-bearing deposits | 28,093,000 | 29,272,000 | 28,105,000 | 27,252,000 |
| Equity capital | 34,069,000 | 31,568,000 | 34,011,000 | 35,986,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 6,716,000 | 13,573,000 | 20,574,000 | 27,643,000 |
| Interest expense | 3,566,000 | 7,262,000 | 11,106,000 | 15,006,000 |
| Net interest income | 3,150,000 | 6,311,000 | 9,468,000 | 12,637,000 |
| Noninterest income | 883,000 | 1,795,000 | 2,749,000 | 3,717,000 |
| Noninterest expense | 2,478,000 | 5,030,000 | 7,658,000 | 10,333,000 |
| Provision for loan losses | 120,000 | 235,000 | 355,000 | 473,000 |
| Pretax income | 1,518,000 | 2,942,000 | 4,359,000 | 5,796,000 |
| Income tax | 385,000 | 730,000 | 1,071,000 | 1,433,000 |
| Net income | 1,133,000 | 2,212,000 | 3,288,000 | 4,363,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,344,000 | 35,489,000 | 36,140,000 | 36,413,000 |
| Total capital | 39,078,000 | 39,251,000 | 39,944,000 | 40,085,000 |
| Risk-weighted assets | 297,326,000 | 304,018,000 | 308,719,000 | 314,076,000 |