Call reports 2004
SUMMIT COMMUNITY BANK, INC — 2004
What SUMMIT COMMUNITY BANK, INC reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 |
|---|---|---|---|
| Total assets | 390,023,000 | 397,796,000 | 403,055,000 |
| Total loans | 270,075,000 | 272,071,000 | 282,587,000 |
| Allowance for loan losses | 2,331,000 | 2,385,000 | 2,441,000 |
| Securities available for sale | 98,457,000 | 97,177,000 | 96,528,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 216,772,000 | 218,443,000 | 212,152,000 |
| Interest-bearing deposits | 188,055,000 | 188,118,000 | 186,285,000 |
| Noninterest-bearing deposits | 28,717,000 | 30,325,000 | 25,867,000 |
| Equity capital | 29,030,000 | 26,792,000 | 29,672,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 |
|---|---|---|---|
| Interest income | 5,584,000 | 11,164,000 | 16,878,000 |
| Interest expense | 2,157,000 | 4,276,000 | 6,493,000 |
| Net interest income | 3,427,000 | 6,888,000 | 10,385,000 |
| Noninterest income | 283,000 | 647,000 | 1,015,000 |
| Noninterest expense | 1,649,000 | 3,369,000 | 5,075,000 |
| Provision for loan losses | 60,000 | 120,000 | 210,000 |
| Pretax income | 2,023,000 | 4,076,000 | 6,143,000 |
| Income tax | 601,000 | 1,236,000 | 1,880,000 |
| Net income | 1,422,000 | 2,840,000 | 4,263,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 |
|---|---|---|---|
| Tier 1 capital | 27,511,000 | 27,124,000 | 28,727,000 |
| Total capital | 29,842,000 | 29,509,000 | 31,168,000 |
| Risk-weighted assets | 268,019,000 | 272,952,000 | 281,764,000 |