Call reports 2002
SUMMIT NATIONAL BANK — 2002
What SUMMIT NATIONAL BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 283,237,000 | 285,405,000 | 294,811,000 | 298,484,000 |
| Total loans | 206,518,000 | 213,773,000 | 207,605,000 | 216,441,000 |
| Allowance for loan losses | 2,767,000 | 2,786,000 | 2,911,000 | 3,124,000 |
| Securities available for sale | 46,754,000 | 45,396,000 | 55,560,000 | 63,464,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 228,437,000 | 228,770,000 | 235,964,000 | 230,706,000 |
| Interest-bearing deposits | 197,524,000 | 196,484,000 | 203,111,000 | 197,174,000 |
| Noninterest-bearing deposits | 30,913,000 | 32,286,000 | 32,853,000 | 33,532,000 |
| Equity capital | 21,422,000 | 22,659,000 | 24,022,000 | 24,799,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 3,950,000 | 7,951,000 | 12,001,000 | 15,931,000 |
| Interest expense | 1,606,000 | 3,143,000 | 4,705,000 | 6,166,000 |
| Net interest income | 2,344,000 | 4,808,000 | 7,296,000 | 9,765,000 |
| Noninterest income | 590,000 | 1,161,000 | 1,732,000 | 2,276,000 |
| Noninterest expense | 1,902,000 | 3,736,000 | 5,500,000 | 7,038,000 |
| Provision for loan losses | 50,000 | 195,000 | 335,000 | 530,000 |
| Pretax income | 998,000 | 2,083,000 | 3,278,000 | 4,591,000 |
| Income tax | 313,000 | 653,000 | 1,025,000 | 1,423,000 |
| Net income | 685,000 | 1,430,000 | 2,253,000 | 3,168,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,716,000 | 22,461,000 | 23,284,000 | 24,199,000 |
| Total capital | 24,472,000 | 25,247,000 | 26,095,000 | 27,099,000 |
| Risk-weighted assets | 220,455,000 | 228,293,000 | 224,750,000 | 231,873,000 |