Call reports 2011
1ST SUMMIT BANK — 2011
What 1ST SUMMIT BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 686,153,000 | 700,061,000 | 730,754,000 | 730,461,000 |
| Total loans | 355,441,000 | 358,790,000 | 362,893,000 | 373,189,000 |
| Allowance for loan losses | 4,636,000 | 4,791,000 | 4,872,000 | 4,931,000 |
| Securities available for sale | 138,799,000 | 142,111,000 | 141,585,000 | 142,383,000 |
| Securities held to maturity | 141,233,000 | 145,692,000 | 165,842,000 | 174,169,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 614,088,000 | 627,317,000 | 653,781,000 | 653,258,000 |
| Interest-bearing deposits | 571,400,000 | 586,453,000 | 611,175,000 | 610,507,000 |
| Noninterest-bearing deposits | 42,688,000 | 40,864,000 | 42,606,000 | 42,751,000 |
| Equity capital | 49,895,000 | 52,626,000 | 56,923,000 | 57,240,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 7,766,000 | 15,815,000 | 23,944,000 | 31,998,000 |
| Interest expense | 2,489,000 | 4,957,000 | 7,445,000 | 9,925,000 |
| Net interest income | 5,277,000 | 10,858,000 | 16,499,000 | 22,073,000 |
| Noninterest income | 914,000 | 1,871,000 | 2,849,000 | 3,842,000 |
| Noninterest expense | 3,495,000 | 7,046,000 | 10,630,000 | 14,200,000 |
| Provision for loan losses | 170,000 | 390,000 | 570,000 | 823,000 |
| Pretax income | 2,421,000 | 5,049,000 | 7,678,000 | 10,232,000 |
| Income tax | 634,000 | 1,290,000 | 1,951,000 | 2,568,000 |
| Net income | 1,787,000 | 3,759,000 | 5,727,000 | 7,664,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,993,000 | 51,159,000 | 52,937,000 | 54,132,000 |
| Total capital | 56,629,000 | 57,950,000 | 59,809,000 | 60,663,000 |
| Risk-weighted assets | 396,639,000 | 398,918,000 | 401,818,000 | 413,309,000 |