Call reports 2013
1ST SUMMIT BANK — 2013
What 1ST SUMMIT BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 816,078,000 | 819,516,000 | 857,594,000 | 853,746,000 |
| Total loans | 395,438,000 | 404,563,000 | 424,984,000 | 433,246,000 |
| Allowance for loan losses | 5,095,000 | 5,109,000 | 5,254,000 | 5,483,000 |
| Securities available for sale | 190,404,000 | 202,492,000 | 205,110,000 | 200,281,000 |
| Securities held to maturity | 193,067,000 | 179,935,000 | 179,889,000 | 185,905,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 731,458,000 | 738,836,000 | 775,402,000 | 763,357,000 |
| Interest-bearing deposits | 683,837,000 | 692,219,000 | 726,854,000 | 715,572,000 |
| Noninterest-bearing deposits | 47,621,000 | 46,617,000 | 48,548,000 | 47,785,000 |
| Equity capital | 66,014,000 | 62,452,000 | 63,903,000 | 65,092,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 7,885,000 | 15,727,000 | 23,789,000 | 32,268,000 |
| Interest expense | 2,108,000 | 4,155,000 | 6,209,000 | 8,237,000 |
| Net interest income | 5,777,000 | 11,572,000 | 17,580,000 | 24,031,000 |
| Noninterest income | 972,000 | 2,016,000 | 3,077,000 | 4,160,000 |
| Noninterest expense | 3,847,000 | 7,814,000 | 11,891,000 | 16,192,000 |
| Provision for loan losses | 150,000 | 375,000 | 565,000 | 815,000 |
| Pretax income | 2,999,000 | 5,904,000 | 8,846,000 | 11,826,000 |
| Income tax | 739,000 | 1,424,000 | 2,076,000 | 2,701,000 |
| Net income | 2,260,000 | 4,480,000 | 6,770,000 | 9,125,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,968,000 | 64,209,000 | 66,499,000 | 67,593,000 |
| Total capital | 69,285,000 | 70,566,000 | 73,048,000 | 74,040,000 |
| Risk-weighted assets | 441,745,000 | 452,382,000 | 470,350,000 | 478,015,000 |