Call reports 2015
1ST SUMMIT BANK — 2015
What 1ST SUMMIT BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 906,027,000 | 905,226,000 | 929,110,000 | 933,731,000 |
| Total loans | 451,140,000 | 447,659,000 | 457,132,000 | 466,448,000 |
| Allowance for loan losses | 5,655,000 | 5,928,000 | 6,314,000 | 5,999,000 |
| Securities available for sale | 220,415,000 | 216,112,000 | 218,744,000 | 210,691,000 |
| Securities held to maturity | 203,211,000 | 208,390,000 | 211,660,000 | 221,866,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 805,382,000 | 798,218,000 | 827,173,000 | 816,341,000 |
| Interest-bearing deposits | 749,762,000 | 744,376,000 | 770,405,000 | 759,776,000 |
| Noninterest-bearing deposits | 55,620,000 | 53,842,000 | 56,768,000 | 56,565,000 |
| Equity capital | 80,171,000 | 79,346,000 | 81,645,000 | 82,840,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 8,385,000 | 16,612,000 | 24,867,000 | 33,363,000 |
| Interest expense | 1,854,000 | 3,710,000 | 5,595,000 | 7,494,000 |
| Net interest income | 6,531,000 | 12,902,000 | 19,272,000 | 25,869,000 |
| Noninterest income | 1,059,000 | 2,224,000 | 3,390,000 | 4,593,000 |
| Noninterest expense | 4,347,000 | 8,825,000 | 13,834,000 | 18,471,000 |
| Provision for loan losses | 230,000 | 665,000 | 1,380,000 | 1,604,000 |
| Pretax income | 3,289,000 | 6,586,000 | 9,978,000 | 13,015,000 |
| Income tax | 783,000 | 1,563,000 | 2,393,000 | 3,044,000 |
| Net income | 2,506,000 | 5,023,000 | 7,585,000 | 9,971,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 75,901,000 | 77,798,000 | 79,494,000 | 81,249,000 |
| Total capital | 82,129,000 | 84,357,000 | 86,363,000 | 87,503,000 |
| Risk-weighted assets | 506,958,000 | 502,379,000 | 507,991,000 | 515,796,000 |