Call reports 2022
1ST SUMMIT BANK — 2022
What 1ST SUMMIT BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,301,423,000 | 1,327,508,000 | 1,334,434,000 | 1,341,085,000 |
| Total loans | 681,570,000 | 707,840,000 | 726,144,000 | 725,229,000 |
| Allowance for loan losses | 7,335,000 | 7,430,000 | 7,467,000 | 7,299,000 |
| Securities available for sale | 315,959,000 | 303,876,000 | 285,711,000 | 296,074,000 |
| Securities held to maturity | 245,326,000 | 254,679,000 | 250,261,000 | 250,751,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,152,979,000 | 1,163,443,000 | 1,194,020,000 | 1,161,712,000 |
| Interest-bearing deposits | 1,023,104,000 | 1,034,016,000 | 1,058,712,000 | 1,030,798,000 |
| Noninterest-bearing deposits | 129,876,000 | 129,427,000 | 135,308,000 | 130,914,000 |
| Equity capital | 106,223,000 | 93,792,000 | 84,535,000 | 95,470,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 9,717,000 | 20,061,000 | 31,242,000 | 43,161,000 |
| Interest expense | 1,160,000 | 2,332,000 | 4,363,000 | 7,470,000 |
| Net interest income | 8,557,000 | 17,729,000 | 26,879,000 | 35,691,000 |
| Noninterest income | 1,534,000 | 3,240,000 | 5,037,000 | 6,803,000 |
| Noninterest expense | 6,601,000 | 13,494,000 | 20,603,000 | 28,000,000 |
| Provision for loan losses | 106,000 | 177,000 | 248,000 | 248,000 |
| Pretax income | 3,300,000 | 7,028,000 | 10,746,000 | 14,075,000 |
| Income tax | 405,000 | 916,000 | 1,403,000 | 1,802,000 |
| Net income | 2,895,000 | 6,112,000 | 9,343,000 | 12,273,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 119,628,000 | 121,403,000 | 123,692,000 | 125,680,000 |
| Total capital | 127,363,000 | 129,233,000 | 131,559,000 | 132,979,000 |
| Risk-weighted assets | 742,854,000 | 774,377,000 | 800,784,000 | 796,005,000 |