Call reports 2009
SUMMIT BANK — 2009
What SUMMIT BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 101,214,000 | 104,488,000 | 105,580,000 | 86,803,000 |
| Total loans | 81,659,000 | 79,431,000 | 77,697,000 | 73,382,000 |
| Allowance for loan losses | 1,424,000 | 1,472,000 | 1,558,000 | 2,570,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,052,000 | 94,504,000 | 95,739,000 | 80,711,000 |
| Interest-bearing deposits | 79,734,000 | 84,009,000 | 85,982,000 | 71,897,000 |
| Noninterest-bearing deposits | 9,318,000 | 10,495,000 | 9,757,000 | 8,814,000 |
| Equity capital | 7,908,000 | 7,704,000 | 7,629,000 | 5,933,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,317,000 | 2,593,000 | 3,790,000 | 4,997,000 |
| Interest expense | 544,000 | 1,028,000 | 1,452,000 | 1,773,000 |
| Net interest income | 773,000 | 1,565,000 | 2,338,000 | 3,224,000 |
| Noninterest income | 94,000 | 235,000 | 326,000 | 417,000 |
| Noninterest expense | 796,000 | 1,709,000 | 2,528,000 | 3,599,000 |
| Provision for loan losses | 0 | 225,000 | 346,000 | 1,948,000 |
| Pretax income | 71,000 | -134,000 | -210,000 | -1,906,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 71,000 | -134,000 | -210,000 | -1,906,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,908,000 | 7,704,000 | 7,629,000 | 5,933,000 |
| Total capital | 8,968,000 | 8,740,000 | 8,637,000 | 6,922,000 |
| Risk-weighted assets | 84,474,000 | 82,448,000 | 80,118,000 | 77,547,000 |