Call reports 2012
1ST SUMMIT BANK — 2012
What 1ST SUMMIT BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 751,247,000 | 779,158,000 | 802,755,000 | 808,260,000 |
| Total loans | 374,867,000 | 383,569,000 | 387,239,000 | 395,993,000 |
| Allowance for loan losses | 4,998,000 | 5,046,000 | 5,093,000 | 5,140,000 |
| Securities available for sale | 130,945,000 | 137,638,000 | 170,051,000 | 179,894,000 |
| Securities held to maturity | 192,352,000 | 197,130,000 | 185,412,000 | 190,352,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 671,223,000 | 698,101,000 | 718,474,000 | 723,765,000 |
| Interest-bearing deposits | 629,652,000 | 654,752,000 | 676,055,000 | 678,058,000 |
| Noninterest-bearing deposits | 41,572,000 | 43,349,000 | 42,419,000 | 45,707,000 |
| Equity capital | 59,674,000 | 60,827,000 | 63,950,000 | 64,319,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 8,203,000 | 16,201,000 | 24,301,000 | 32,296,000 |
| Interest expense | 2,390,000 | 4,718,000 | 7,010,000 | 9,293,000 |
| Net interest income | 5,813,000 | 11,483,000 | 17,291,000 | 23,003,000 |
| Noninterest income | 959,000 | 1,962,000 | 3,047,000 | 4,116,000 |
| Noninterest expense | 3,658,000 | 7,398,000 | 11,121,000 | 14,992,000 |
| Provision for loan losses | 160,000 | 220,000 | 310,000 | 400,000 |
| Pretax income | 2,903,000 | 5,806,000 | 8,684,000 | 11,413,000 |
| Income tax | 739,000 | 1,466,000 | 2,126,000 | 2,762,000 |
| Net income | 2,164,000 | 4,340,000 | 6,558,000 | 8,651,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,280,000 | 57,295,000 | 59,689,000 | 60,733,000 |
| Total capital | 62,878,000 | 63,941,000 | 66,382,000 | 67,073,000 |
| Risk-weighted assets | 415,869,000 | 424,774,000 | 431,711,000 | 440,814,000 |