Call reports 2001
SUMMIT COMMUNITY BANK, INC — 2001
What SUMMIT COMMUNITY BANK, INC reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 115,749,000 | 119,338,000 | 120,599,000 | 134,369,000 |
| Total loans | 57,142,000 | 58,841,000 | 61,211,000 | 62,545,000 |
| Allowance for loan losses | 631,000 | 615,000 | 592,000 | 599,000 |
| Securities available for sale | 51,317,000 | 54,108,000 | 50,700,000 | 63,915,000 |
| Securities held to maturity | 401,000 | 151,000 | 150,000 | 150,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,755,000 | 78,500,000 | 79,530,000 | 77,363,000 |
| Interest-bearing deposits | 70,021,000 | 68,274,000 | 69,381,000 | 66,546,000 |
| Noninterest-bearing deposits | 10,734,000 | 10,226,000 | 10,149,000 | 10,817,000 |
| Equity capital | 8,971,000 | 8,981,000 | 9,606,000 | 9,150,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 2,163,000 | 4,326,000 | 6,523,000 | 8,678,000 |
| Interest expense | 1,098,000 | 2,198,000 | 3,286,000 | 4,291,000 |
| Net interest income | 1,065,000 | 2,128,000 | 3,237,000 | 4,387,000 |
| Noninterest income | 71,000 | 133,000 | 192,000 | 267,000 |
| Noninterest expense | 507,000 | 1,024,000 | 1,569,000 | 2,096,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 680,000 | 1,273,000 | 2,043,000 | 2,729,000 |
| Income tax | 224,000 | 423,000 | 693,000 | 909,000 |
| Net income | 456,000 | 850,000 | 1,350,000 | 1,820,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,319,000 | 8,213,000 | 8,692,000 | 8,674,000 |
| Total capital | 8,950,000 | 8,828,000 | 9,284,000 | 9,273,000 |
| Risk-weighted assets | 67,167,000 | 71,098,000 | 73,613,000 | 76,536,000 |