Call reports 2017
1ST SUMMIT BANK — 2017
What 1ST SUMMIT BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 986,315,000 | 1,001,773,000 | 1,033,752,000 | 1,027,288,000 |
| Total loans | 492,609,000 | 498,906,000 | 502,987,000 | 505,207,000 |
| Allowance for loan losses | 6,261,000 | 5,865,000 | 5,922,000 | 5,784,000 |
| Securities available for sale | 214,657,000 | 229,599,000 | 255,463,000 | 257,824,000 |
| Securities held to maturity | 243,271,000 | 235,429,000 | 228,001,000 | 227,614,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 871,398,000 | 879,855,000 | 918,621,000 | 911,625,000 |
| Interest-bearing deposits | 804,469,000 | 813,906,000 | 851,800,000 | 846,120,000 |
| Noninterest-bearing deposits | 66,929,000 | 65,949,000 | 66,821,000 | 65,505,000 |
| Equity capital | 89,467,000 | 93,089,000 | 94,068,000 | 93,161,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 8,619,000 | 17,426,000 | 26,469,000 | 35,705,000 |
| Interest expense | 1,904,000 | 3,823,000 | 5,814,000 | 7,907,000 |
| Net interest income | 6,715,000 | 13,603,000 | 20,655,000 | 27,798,000 |
| Noninterest income | 1,208,000 | 2,562,000 | 3,850,000 | 5,097,000 |
| Noninterest expense | 4,793,000 | 9,720,000 | 14,655,000 | 20,061,000 |
| Provision for loan losses | 149,000 | 369,000 | 651,000 | 1,123,000 |
| Pretax income | 3,348,000 | 6,685,000 | 10,150,000 | 13,553,000 |
| Income tax | 792,000 | 1,551,000 | 2,249,000 | 3,892,000 |
| Net income | 2,556,000 | 5,134,000 | 7,901,000 | 9,661,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 89,877,000 | 91,742,000 | 93,296,000 | 94,285,000 |
| Total capital | 98,712,000 | 100,115,000 | 101,590,000 | 102,117,000 |
| Risk-weighted assets | 545,229,000 | 552,085,000 | 558,169,000 | 552,811,000 |