Call reports 2014
1ST SUMMIT BANK — 2014
What 1ST SUMMIT BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 861,906,000 | 874,119,000 | 892,167,000 | 897,177,000 |
| Total loans | 437,789,000 | 438,652,000 | 433,637,000 | 446,541,000 |
| Allowance for loan losses | 5,606,000 | 5,655,000 | 5,603,000 | 5,631,000 |
| Securities available for sale | 198,410,000 | 194,667,000 | 216,294,000 | 219,082,000 |
| Securities held to maturity | 191,548,000 | 201,889,000 | 197,014,000 | 201,941,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 772,489,000 | 783,219,000 | 798,059,000 | 797,415,000 |
| Interest-bearing deposits | 722,433,000 | 731,814,000 | 748,062,000 | 746,760,000 |
| Noninterest-bearing deposits | 50,056,000 | 51,405,000 | 49,997,000 | 50,655,000 |
| Equity capital | 68,095,000 | 71,633,000 | 74,785,000 | 78,167,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 8,393,000 | 16,765,000 | 25,110,000 | 33,503,000 |
| Interest expense | 1,899,000 | 3,782,000 | 5,686,000 | 7,607,000 |
| Net interest income | 6,494,000 | 12,983,000 | 19,424,000 | 25,896,000 |
| Noninterest income | 1,036,000 | 2,123,000 | 3,252,000 | 4,385,000 |
| Noninterest expense | 4,239,000 | 8,480,000 | 12,766,000 | 17,153,000 |
| Provision for loan losses | 165,000 | 403,000 | 648,000 | 878,000 |
| Pretax income | 3,170,000 | 6,342,000 | 9,546,000 | 12,617,000 |
| Income tax | 747,000 | 1,510,000 | 2,249,000 | 2,923,000 |
| Net income | 2,423,000 | 4,832,000 | 7,297,000 | 9,694,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,248,000 | 71,118,000 | 72,818,000 | 74,445,000 |
| Total capital | 75,821,000 | 77,730,000 | 79,324,000 | 80,673,000 |
| Risk-weighted assets | 479,821,000 | 481,372,000 | 479,479,000 | 491,088,000 |