Call reports 2018
1ST SUMMIT BANK — 2018
What 1ST SUMMIT BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,030,431,000 | 1,031,033,000 | 1,048,110,000 | 1,057,573,000 |
| Total loans | 507,771,000 | 509,997,000 | 525,468,000 | 533,933,000 |
| Allowance for loan losses | 5,816,000 | 5,874,000 | 5,800,000 | 5,718,000 |
| Securities available for sale | 255,734,000 | 252,598,000 | 245,960,000 | 255,737,000 |
| Securities held to maturity | 227,594,000 | 227,107,000 | 229,004,000 | 223,826,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 910,327,000 | 903,466,000 | 935,377,000 | 931,307,000 |
| Interest-bearing deposits | 841,079,000 | 836,900,000 | 869,793,000 | 863,741,000 |
| Noninterest-bearing deposits | 69,248,000 | 66,566,000 | 65,584,000 | 67,566,000 |
| Equity capital | 90,569,000 | 91,634,000 | 90,943,000 | 96,726,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 9,265,000 | 18,702,000 | 28,385,000 | 38,458,000 |
| Interest expense | 2,161,000 | 4,488,000 | 7,077,000 | 9,905,000 |
| Net interest income | 7,104,000 | 14,214,000 | 21,308,000 | 28,553,000 |
| Noninterest income | 1,194,000 | 2,540,000 | 3,867,000 | 5,185,000 |
| Noninterest expense | 5,073,000 | 10,204,000 | 15,291,000 | 20,444,000 |
| Provision for loan losses | 60,000 | 130,000 | 210,000 | 320,000 |
| Pretax income | 3,248,000 | 6,596,000 | 9,823,000 | 12,928,000 |
| Income tax | 412,000 | 829,000 | 1,216,000 | 1,620,000 |
| Net income | 2,836,000 | 5,767,000 | 8,607,000 | 11,308,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 96,475,000 | 98,615,000 | 100,365,000 | 102,253,000 |
| Total capital | 104,291,000 | 106,489,000 | 108,165,000 | 109,571,000 |
| Risk-weighted assets | 558,035,000 | 561,532,000 | 574,670,000 | 583,305,000 |