Call reports 2016
1ST SUMMIT BANK — 2016
What 1ST SUMMIT BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 950,819,000 | 957,777,000 | 977,184,000 | 982,799,000 |
| Total loans | 474,069,000 | 479,441,000 | 482,091,000 | 491,066,000 |
| Allowance for loan losses | 6,069,000 | 6,101,000 | 6,155,000 | 6,198,000 |
| Securities available for sale | 206,901,000 | 185,882,000 | 178,785,000 | 190,486,000 |
| Securities held to maturity | 235,782,000 | 258,100,000 | 266,318,000 | 253,043,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 828,591,000 | 833,856,000 | 860,603,000 | 869,115,000 |
| Interest-bearing deposits | 770,244,000 | 773,647,000 | 797,816,000 | 807,007,000 |
| Noninterest-bearing deposits | 58,347,000 | 60,209,000 | 62,787,000 | 62,108,000 |
| Equity capital | 85,182,000 | 87,690,000 | 89,592,000 | 86,884,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 8,561,000 | 17,006,000 | 25,435,000 | 33,870,000 |
| Interest expense | 1,896,000 | 3,745,000 | 5,651,000 | 7,608,000 |
| Net interest income | 6,665,000 | 13,261,000 | 19,784,000 | 26,262,000 |
| Noninterest income | 1,178,000 | 2,372,000 | 3,644,000 | 4,831,000 |
| Noninterest expense | 4,635,000 | 9,340,000 | 14,011,000 | 18,690,000 |
| Provision for loan losses | 170,000 | 325,000 | 482,000 | 644,000 |
| Pretax income | 3,360,000 | 6,724,000 | 10,130,000 | 13,355,000 |
| Income tax | 785,000 | 1,566,000 | 2,348,000 | 3,063,000 |
| Net income | 2,575,000 | 5,158,000 | 7,782,000 | 10,292,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,886,000 | 84,821,000 | 86,434,000 | 88,263,000 |
| Total capital | 89,068,000 | 91,061,000 | 92,829,000 | 97,101,000 |
| Risk-weighted assets | 522,901,000 | 531,072,000 | 529,705,000 | 541,323,000 |