Call reports 2005
SUMMIT BANK — 2005
What SUMMIT BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 42,870,000 | 52,344,000 | 51,559,000 | 51,424,000 |
| Total loans | 31,759,000 | 39,591,000 | 39,769,000 | 41,379,000 |
| Allowance for loan losses | 311,000 | 393,000 | 410,000 | 409,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,178,000 | 45,554,000 | 44,582,000 | 44,291,000 |
| Interest-bearing deposits | 31,462,000 | 38,716,000 | 37,101,000 | 37,260,000 |
| Noninterest-bearing deposits | 4,716,000 | 6,838,000 | 7,481,000 | 7,031,000 |
| Equity capital | 6,650,000 | 6,712,000 | 6,906,000 | 7,050,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 570,000 | 1,254,000 | 2,077,000 | 2,960,000 |
| Interest expense | 159,000 | 355,000 | 622,000 | 910,000 |
| Net interest income | 411,000 | 899,000 | 1,455,000 | 2,050,000 |
| Noninterest income | 99,000 | 230,000 | 384,000 | 504,000 |
| Noninterest expense | 495,000 | 969,000 | 1,469,000 | 2,034,000 |
| Provision for loan losses | 7,000 | 89,000 | 106,000 | 112,000 |
| Pretax income | 8,000 | 71,000 | 264,000 | 408,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 8,000 | 71,000 | 264,000 | 408,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,650,000 | 6,712,000 | 6,906,000 | 7,050,000 |
| Total capital | 6,961,000 | 7,105,000 | 7,316,000 | 7,466,000 |
| Risk-weighted assets | 34,135,000 | 42,121,000 | 42,057,000 | 43,256,000 |