Call reports 2007
SUMMIT BANK OF KANSAS CITY — 2007
What SUMMIT BANK OF KANSAS CITY reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 32,635,000 | 50,152,000 | 51,461,000 | 50,142,000 |
| Total loans | 23,629,000 | 33,334,000 | 40,152,000 | 45,805,000 |
| Allowance for loan losses | 329,000 | 467,000 | 597,000 | 641,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,508,000 | 42,598,000 | 44,102,000 | 42,834,000 |
| Interest-bearing deposits | 22,563,000 | 41,022,000 | 42,562,000 | 38,602,000 |
| Noninterest-bearing deposits | 1,945,000 | 1,576,000 | 1,540,000 | 4,232,000 |
| Equity capital | 7,259,000 | 7,136,000 | 7,036,000 | 6,984,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 405,000 | 1,162,000 | 2,081,000 | 2,992,000 |
| Interest expense | 172,000 | 660,000 | 1,222,000 | 1,778,000 |
| Net interest income | 233,000 | 502,000 | 859,000 | 1,214,000 |
| Noninterest income | 107,000 | 243,000 | 327,000 | 460,000 |
| Noninterest expense | 472,000 | 952,000 | 1,438,000 | 1,972,000 |
| Provision for loan losses | 94,000 | 232,000 | 362,000 | 406,000 |
| Pretax income | -226,000 | -439,000 | -614,000 | -704,000 |
| Income tax | -97,000 | -187,000 | -262,000 | -300,000 |
| Net income | -129,000 | -252,000 | -352,000 | -404,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,184,000 | 5,971,000 | 5,796,000 | 5,706,000 |
| Total capital | 6,473,000 | 6,371,000 | 6,269,000 | 6,229,000 |
| Risk-weighted assets | 23,077,000 | 31,951,000 | 37,743,000 | 41,713,000 |