Call reports 2001
SUMMIT NATIONAL BANK — 2001
What SUMMIT NATIONAL BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 255,541,000 | 257,680,000 | 276,707,000 | 269,570,000 |
| Total loans | 181,792,000 | 199,815,000 | 202,114,000 | 204,380,000 |
| Allowance for loan losses | 2,425,000 | 2,532,000 | 2,611,000 | 2,699,000 |
| Securities available for sale | 37,769,000 | 38,289,000 | 45,306,000 | 47,400,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 217,287,000 | 215,326,000 | 228,679,000 | 219,160,000 |
| Interest-bearing deposits | 184,434,000 | 183,857,000 | 200,848,000 | 189,406,000 |
| Noninterest-bearing deposits | 32,853,000 | 31,469,000 | 27,831,000 | 29,754,000 |
| Equity capital | 19,326,000 | 19,858,000 | 20,781,000 | 21,234,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 4,921,000 | 9,593,000 | 14,342,000 | 18,439,000 |
| Interest expense | 2,759,000 | 5,282,000 | 7,743,000 | 9,776,000 |
| Net interest income | 2,162,000 | 4,311,000 | 6,599,000 | 8,663,000 |
| Noninterest income | 493,000 | 1,033,000 | 1,395,000 | 2,036,000 |
| Noninterest expense | 1,704,000 | 3,381,000 | 5,091,000 | 6,763,000 |
| Provision for loan losses | 95,000 | 250,000 | 330,000 | 478,000 |
| Pretax income | 868,000 | 1,803,000 | 2,766,000 | 3,715,000 |
| Income tax | 277,000 | 576,000 | 882,000 | 1,174,000 |
| Net income | 591,000 | 1,227,000 | 1,884,000 | 2,541,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,081,000 | 19,717,000 | 20,374,000 | 21,031,000 |
| Total capital | 21,506,000 | 22,249,000 | 22,985,000 | 23,727,000 |
| Risk-weighted assets | 199,125,000 | 209,357,000 | 215,749,000 | 215,643,000 |