Call reports 2006
SUMMIT BANK OF KANSAS CITY — 2006
What SUMMIT BANK OF KANSAS CITY reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 10,010,000 | 10,490,000 | 17,140,000 | 19,529,000 |
| Total loans | 3,164,000 | 7,031,000 | 12,207,000 | 16,033,000 |
| Allowance for loan losses | 48,000 | 106,000 | 173,000 | 235,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,197,000 | 2,823,000 | 9,604,000 | 12,038,000 |
| Interest-bearing deposits | 1,269,000 | 2,068,000 | 7,954,000 | 10,275,000 |
| Noninterest-bearing deposits | 928,000 | 755,000 | 1,650,000 | 1,763,000 |
| Equity capital | 7,807,000 | 7,623,000 | 7,428,000 | 7,388,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 107,000 | 253,000 | 476,000 | 799,000 |
| Interest expense | 8,000 | 22,000 | 71,000 | 185,000 |
| Net interest income | 99,000 | 231,000 | 405,000 | 614,000 |
| Noninterest income | 0 | 1,000 | 12,000 | 42,000 |
| Noninterest expense | 324,000 | 678,000 | 1,091,000 | 1,539,000 |
| Provision for loan losses | 38,000 | 96,000 | 163,000 | 225,000 |
| Pretax income | -263,000 | -542,000 | -837,000 | -1,108,000 |
| Income tax | -89,000 | -184,000 | -284,000 | -515,000 |
| Net income | -174,000 | -358,000 | -553,000 | -593,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,255,000 | 6,976,000 | 6,681,000 | 6,410,000 |
| Total capital | 7,303,000 | 7,079,000 | 6,850,000 | 6,613,000 |
| Risk-weighted assets | 5,006,000 | 8,226,000 | 13,554,000 | 16,224,000 |