Call reports 2025
1ST SUMMIT BANK — 2025
What 1ST SUMMIT BANK reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 1,425,901,000 | 1,438,671,000 | 1,475,680,000 | 1,511,927,000 |
| Total loans | 790,642,000 | 813,960,000 | 851,114,000 | 881,272,000 |
| Allowance for loan losses | 6,146,000 | 6,250,000 | 6,536,000 | 6,793,000 |
| Securities available for sale | 329,348,000 | 324,235,000 | 340,490,000 | 345,740,000 |
| Securities held to maturity | 212,110,000 | 207,257,000 | 200,559,000 | 196,188,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,189,367,000 | 1,185,630,000 | 1,198,494,000 | 1,205,443,000 |
| Interest-bearing deposits | 1,061,421,000 | 1,060,051,000 | 1,077,084,000 | 1,079,631,000 |
| Noninterest-bearing deposits | 127,946,000 | 125,579,000 | 121,410,000 | 125,812,000 |
| Equity capital | 96,932,000 | 98,574,000 | 106,048,000 | 109,098,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 14,395,000 | 29,301,000 | 45,414,000 | 61,702,000 |
| Interest expense | 7,656,000 | 15,102,000 | 23,077,000 | 30,893,000 |
| Net interest income | 6,739,000 | 14,199,000 | 22,337,000 | 30,809,000 |
| Noninterest income | 1,861,000 | 3,929,000 | 5,856,000 | 7,866,000 |
| Noninterest expense | 7,708,000 | 15,926,000 | 23,827,000 | 31,999,000 |
| Provision for loan losses | 125,000 | 250,000 | 500,000 | 751,000 |
| Pretax income | 774,000 | 2,103,000 | 4,022,000 | 6,107,000 |
| Income tax | -99,000 | -67,000 | 54,000 | 332,000 |
| Net income | 873,000 | 2,170,000 | 3,968,000 | 5,775,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 125,585,000 | 125,972,000 | 126,859,000 | 127,755,000 |
| Total capital | 132,102,000 | 132,593,000 | 133,766,000 | 134,894,000 |
| Risk-weighted assets | 848,262,000 | 869,105,000 | 893,193,000 | 926,061,000 |