Call reports 2003
SUMMIT COMMUNITY BANK, INC — 2003
What SUMMIT COMMUNITY BANK, INC reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 359,543,000 | 356,060,000 | 365,228,000 | 385,494,000 |
| Total loans | 233,528,000 | 240,544,000 | 251,461,000 | 260,293,000 |
| Allowance for loan losses | 2,223,000 | 2,298,000 | 2,361,000 | 2,417,000 |
| Securities available for sale | 104,108,000 | 95,699,000 | 91,287,000 | 102,432,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 201,693,000 | 198,593,000 | 198,892,000 | 214,425,000 |
| Interest-bearing deposits | 177,360,000 | 174,449,000 | 174,019,000 | 187,518,000 |
| Noninterest-bearing deposits | 24,333,000 | 24,144,000 | 24,873,000 | 26,907,000 |
| Equity capital | 26,335,000 | 26,783,000 | 27,074,000 | 27,173,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 5,478,000 | 11,000,000 | 16,484,000 | 22,043,000 |
| Interest expense | 2,343,000 | 4,685,000 | 6,930,000 | 9,119,000 |
| Net interest income | 3,135,000 | 6,315,000 | 9,554,000 | 12,924,000 |
| Noninterest income | 202,000 | 483,000 | 809,000 | 1,435,000 |
| Noninterest expense | 1,479,000 | 2,993,000 | 4,544,000 | 6,313,000 |
| Provision for loan losses | 60,000 | 135,000 | 210,000 | 285,000 |
| Pretax income | 1,827,000 | 3,734,000 | 5,673,000 | 7,916,000 |
| Income tax | 583,000 | 1,158,000 | 1,790,000 | 2,469,000 |
| Net income | 1,244,000 | 2,576,000 | 3,883,000 | 5,447,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,937,000 | 24,619,000 | 25,914,000 | 26,032,000 |
| Total capital | 27,160,000 | 26,917,000 | 28,275,000 | 28,449,000 |
| Risk-weighted assets | 241,914,000 | 242,469,000 | 251,439,000 | 259,891,000 |