Call reports 2001
SUMMIT BANK — 2001
What SUMMIT BANK 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 | 147,645,000 | 141,636,000 | 135,940,000 | 143,481,000 |
| Total loans | 78,284,000 | 79,605,000 | 85,056,000 | 85,673,000 |
| Allowance for loan losses | 1,518,000 | 1,555,000 | 1,448,000 | 1,449,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,000,000 | 2,037,000 | 2,034,000 | 2,030,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 134,621,000 | 128,478,000 | 122,417,000 | 130,512,000 |
| Interest-bearing deposits | 98,464,000 | 94,008,000 | 83,508,000 | 92,736,000 |
| Noninterest-bearing deposits | 36,157,000 | 34,470,000 | 38,909,000 | 37,776,000 |
| Equity capital | 11,745,000 | 12,274,000 | 12,701,000 | 12,038,000 |
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 | 3,029,000 | 5,714,000 | 8,158,000 | 10,379,000 |
| Interest expense | 870,000 | 1,619,000 | 2,286,000 | 2,788,000 |
| Net interest income | 2,159,000 | 4,095,000 | 5,872,000 | 7,591,000 |
| Noninterest income | 84,000 | 171,000 | 261,000 | 414,000 |
| Noninterest expense | 1,153,000 | 2,238,000 | 3,362,000 | 4,756,000 |
| Provision for loan losses | 90,000 | 120,000 | 120,000 | 120,000 |
| Pretax income | 1,000,000 | 1,908,000 | 2,651,000 | 3,129,000 |
| Income tax | 419,000 | 798,000 | 1,114,000 | 1,255,000 |
| Net income | 581,000 | 1,110,000 | 1,537,000 | 1,874,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,745,000 | 12,274,000 | 12,701,000 | 12,038,000 |
| Total capital | 12,910,000 | 13,468,000 | 14,013,000 | 13,419,000 |
| Risk-weighted assets | 92,842,000 | 95,157,000 | 104,808,000 | 110,437,000 |