Call reports 2004
SUMMIT NATIONAL BANK — 2004
What SUMMIT NATIONAL BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 335,941,000 | 331,920,000 | 319,941,000 | 317,843,000 |
| Total loans | 237,409,000 | 226,186,000 | 225,897,000 | 239,583,000 |
| Allowance for loan losses | 3,498,000 | 3,346,000 | 3,302,000 | 3,429,000 |
| Securities available for sale | 70,477,000 | 64,722,000 | 64,844,000 | 59,838,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 250,906,000 | 250,954,000 | 240,236,000 | 234,949,000 |
| Interest-bearing deposits | 211,128,000 | 203,389,000 | 196,877,000 | 194,821,000 |
| Noninterest-bearing deposits | 39,778,000 | 47,565,000 | 43,359,000 | 40,128,000 |
| Equity capital | 28,953,000 | 28,291,000 | 30,419,000 | 31,061,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 3,991,000 | 7,790,000 | 11,653,000 | 15,851,000 |
| Interest expense | 1,178,000 | 2,317,000 | 3,417,000 | 4,591,000 |
| Net interest income | 2,813,000 | 5,473,000 | 8,236,000 | 11,260,000 |
| Noninterest income | 515,000 | 998,000 | 1,424,000 | 1,872,000 |
| Noninterest expense | 1,896,000 | 3,601,000 | 5,282,000 | 6,975,000 |
| Provision for loan losses | 145,000 | 26,000 | 0 | 135,000 |
| Pretax income | 1,309,000 | 2,866,000 | 4,444,000 | 6,105,000 |
| Income tax | 401,000 | 865,000 | 1,343,000 | 1,851,000 |
| Net income | 908,000 | 2,001,000 | 3,101,000 | 4,254,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,262,000 | 29,355,000 | 30,132,000 | 30,963,000 |
| Total capital | 31,456,000 | 32,481,000 | 33,231,000 | 34,245,000 |
| Risk-weighted assets | 255,213,000 | 249,879,000 | 247,712,000 | 262,422,000 |