Call reports 2002
SUMMIT BANK — 2002
What SUMMIT BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 161,484,000 | 148,622,000 | 152,508,000 | 141,398,000 |
| Total loans | 92,665,000 | 92,887,000 | 100,763,000 | 101,998,000 |
| Allowance for loan losses | 1,473,000 | 1,486,000 | 1,556,000 | 1,569,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,026,000 | 2,021,000 | 2,018,000 | 2,014,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 148,074,000 | 134,895,000 | 138,203,000 | 127,633,000 |
| Interest-bearing deposits | 107,576,000 | 90,042,000 | 92,721,000 | 78,316,000 |
| Noninterest-bearing deposits | 40,498,000 | 44,853,000 | 45,482,000 | 49,317,000 |
| Equity capital | 12,393,000 | 12,788,000 | 13,189,000 | 12,660,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 2,206,000 | 4,366,000 | 6,572,000 | 8,674,000 |
| Interest expense | 478,000 | 930,000 | 1,349,000 | 1,682,000 |
| Net interest income | 1,728,000 | 3,436,000 | 5,223,000 | 6,992,000 |
| Noninterest income | 111,000 | 197,000 | 299,000 | 403,000 |
| Noninterest expense | 1,232,000 | 2,342,000 | 3,503,000 | 4,604,000 |
| Provision for loan losses | 14,000 | 26,000 | 71,000 | 86,000 |
| Pretax income | 593,000 | 1,265,000 | 1,948,000 | 2,705,000 |
| Income tax | 238,000 | 515,000 | 797,000 | 1,083,000 |
| Net income | 355,000 | 750,000 | 1,151,000 | 1,622,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,393,000 | 12,788,000 | 13,189,000 | 12,660,000 |
| Total capital | 13,845,000 | 14,192,000 | 14,685,000 | 14,150,000 |
| Risk-weighted assets | 116,131,000 | 112,296,000 | 119,632,000 | 119,142,000 |