Call reports 2008
SUMMIT BANK OF KANSAS CITY — 2008
What SUMMIT BANK OF KANSAS CITY reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 44,020,000 | 45,908,000 | 51,412,000 | 53,429,000 |
| Total loans | 37,577,000 | 41,064,000 | 42,495,000 | 44,260,000 |
| Allowance for loan losses | 641,000 | 620,000 | 624,000 | 709,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,637,000 | 31,486,000 | 37,042,000 | 37,608,000 |
| Interest-bearing deposits | 27,512,000 | 28,661,000 | 33,346,000 | 33,587,000 |
| Noninterest-bearing deposits | 2,125,000 | 2,825,000 | 3,696,000 | 4,021,000 |
| Equity capital | 7,005,000 | 7,023,000 | 6,974,000 | 6,887,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 660,000 | 1,309,000 | 1,988,000 | 2,687,000 |
| Interest expense | 365,000 | 702,000 | 1,058,000 | 1,373,000 |
| Net interest income | 295,000 | 607,000 | 930,000 | 1,314,000 |
| Noninterest income | 99,000 | 238,000 | 345,000 | 386,000 |
| Noninterest expense | 357,000 | 796,000 | 1,306,000 | 1,775,000 |
| Provision for loan losses | 0 | -21,000 | -17,000 | 68,000 |
| Pretax income | 37,000 | 70,000 | -14,000 | -143,000 |
| Income tax | 16,000 | 31,000 | -4,000 | -46,000 |
| Net income | 21,000 | 39,000 | -10,000 | -97,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,743,000 | 5,776,000 | 5,692,000 | 5,563,000 |
| Total capital | 6,206,000 | 6,271,000 | 6,179,000 | 6,078,000 |
| Risk-weighted assets | 36,898,000 | 39,469,000 | 38,852,000 | 41,008,000 |