Call reports 2019
1ST SUMMIT BANK — 2019
What 1ST SUMMIT BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,080,677,000 | 1,088,248,000 | 1,098,294,000 | 1,103,543,000 |
| Total loans | 548,424,000 | 560,687,000 | 563,492,000 | 568,240,000 |
| Allowance for loan losses | 5,696,000 | 5,545,000 | 5,360,000 | 5,505,000 |
| Securities available for sale | 270,821,000 | 274,663,000 | 278,753,000 | 276,037,000 |
| Securities held to maturity | 217,685,000 | 209,382,000 | 206,453,000 | 212,732,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 936,886,000 | 938,357,000 | 959,849,000 | 950,827,000 |
| Interest-bearing deposits | 863,583,000 | 864,232,000 | 891,149,000 | 882,952,000 |
| Noninterest-bearing deposits | 73,303,000 | 74,125,000 | 68,700,000 | 67,875,000 |
| Equity capital | 103,267,000 | 107,565,000 | 110,879,000 | 111,964,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 10,143,000 | 20,517,000 | 30,957,000 | 41,221,000 |
| Interest expense | 2,994,000 | 6,189,000 | 9,455,000 | 12,599,000 |
| Net interest income | 7,149,000 | 14,328,000 | 21,502,000 | 28,622,000 |
| Noninterest income | 1,280,000 | 2,688,000 | 4,042,000 | 5,330,000 |
| Noninterest expense | 5,281,000 | 10,743,000 | 16,048,000 | 21,565,000 |
| Provision for loan losses | 54,000 | 154,000 | 314,000 | 509,000 |
| Pretax income | 3,189,000 | 6,333,000 | 9,471,000 | 12,335,000 |
| Income tax | 384,000 | 786,000 | 1,155,000 | 1,451,000 |
| Net income | 2,805,000 | 5,547,000 | 8,316,000 | 10,884,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 103,944,000 | 105,864,000 | 107,486,000 | 108,676,000 |
| Total capital | 111,240,000 | 113,009,000 | 114,446,000 | 115,381,000 |
| Risk-weighted assets | 588,417,000 | 592,917,000 | 597,766,000 | 603,794,000 |