Call reports 2021
1ST SUMMIT BANK — 2021
What 1ST SUMMIT BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,280,658,000 | 1,306,885,000 | 1,295,951,000 | 1,303,961,000 |
| Total loans | 655,469,000 | 660,123,000 | 655,895,000 | 670,567,000 |
| Allowance for loan losses | 6,524,000 | 6,707,000 | 7,009,000 | 7,261,000 |
| Securities available for sale | 332,539,000 | 339,842,000 | 337,296,000 | 332,923,000 |
| Securities held to maturity | 244,297,000 | 254,890,000 | 251,398,000 | 244,902,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,111,402,000 | 1,131,738,000 | 1,130,596,000 | 1,139,938,000 |
| Interest-bearing deposits | 982,407,000 | 1,008,809,000 | 1,013,205,000 | 1,015,895,000 |
| Noninterest-bearing deposits | 128,995,000 | 122,929,000 | 117,391,000 | 124,043,000 |
| Equity capital | 119,809,000 | 122,305,000 | 123,537,000 | 123,285,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 9,818,000 | 19,291,000 | 29,099,000 | 38,754,000 |
| Interest expense | 1,893,000 | 3,519,000 | 4,956,000 | 6,271,000 |
| Net interest income | 7,925,000 | 15,772,000 | 24,143,000 | 32,483,000 |
| Noninterest income | 1,366,000 | 2,938,000 | 4,525,000 | 6,051,000 |
| Noninterest expense | 5,838,000 | 11,827,000 | 18,242,000 | 25,190,000 |
| Provision for loan losses | 350,000 | 675,000 | 1,050,000 | 1,625,000 |
| Pretax income | 3,480,000 | 6,600,000 | 9,786,000 | 12,300,000 |
| Income tax | 454,000 | 842,000 | 1,254,000 | 1,469,000 |
| Net income | 3,026,000 | 5,758,000 | 8,532,000 | 10,831,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 114,086,000 | 115,908,000 | 117,273,000 | 118,152,000 |
| Total capital | 121,410,000 | 123,415,000 | 125,082,000 | 125,813,000 |
| Risk-weighted assets | 671,004,000 | 689,145,000 | 692,030,000 | 716,835,000 |