Call reports 2009
1ST SUMMIT BANK — 2009
What 1ST SUMMIT BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 547,058,000 | 580,124,000 | 598,845,000 | 602,691,000 |
| Total loans | 313,004,000 | 316,694,000 | 329,603,000 | 335,950,000 |
| Allowance for loan losses | 3,805,000 | 3,883,000 | 4,031,000 | 4,171,000 |
| Securities available for sale | 155,211,000 | 142,303,000 | 129,905,000 | 126,575,000 |
| Securities held to maturity | 43,014,000 | 86,851,000 | 102,756,000 | 106,212,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 469,153,000 | 503,438,000 | 525,664,000 | 532,548,000 |
| Interest-bearing deposits | 437,370,000 | 471,930,000 | 495,085,000 | 499,864,000 |
| Noninterest-bearing deposits | 31,783,000 | 31,508,000 | 30,579,000 | 32,684,000 |
| Equity capital | 40,112,000 | 40,629,000 | 43,216,000 | 43,297,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 7,037,000 | 14,177,000 | 21,729,000 | 29,360,000 |
| Interest expense | 3,130,000 | 6,372,000 | 9,543,000 | 12,534,000 |
| Net interest income | 3,907,000 | 7,805,000 | 12,186,000 | 16,826,000 |
| Noninterest income | 862,000 | 1,855,000 | 2,857,000 | 3,850,000 |
| Noninterest expense | 2,906,000 | 6,128,000 | 9,194,000 | 12,365,000 |
| Provision for loan losses | 130,000 | 280,000 | 465,000 | 717,000 |
| Pretax income | 1,843,000 | 3,316,000 | 5,308,000 | 7,162,000 |
| Income tax | 455,000 | 833,000 | 1,354,000 | 1,795,000 |
| Net income | 1,388,000 | 2,483,000 | 3,954,000 | 5,367,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,754,000 | 40,190,000 | 41,730,000 | 42,404,000 |
| Total capital | 43,559,000 | 44,073,000 | 45,761,000 | 48,575,000 |
| Risk-weighted assets | 362,124,000 | 370,990,000 | 378,662,000 | 382,556,000 |