Call reports 2003
SUMMIT BANK — 2003
What SUMMIT BANK 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 | 129,453,000 | 135,979,000 | 147,237,000 | 153,998,000 |
| Total loans | 104,785,000 | 99,156,000 | 100,191,000 | 98,179,000 |
| Allowance for loan losses | 1,577,000 | 1,586,000 | 1,593,000 | 1,601,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,010,000 | 3,519,000 | 2,512,000 | 1,507,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,894,000 | 118,037,000 | 128,848,000 | 136,204,000 |
| Interest-bearing deposits | 73,342,000 | 74,145,000 | 79,312,000 | 86,498,000 |
| Noninterest-bearing deposits | 40,552,000 | 43,892,000 | 49,536,000 | 49,706,000 |
| Equity capital | 13,066,000 | 13,481,000 | 13,908,000 | 13,338,000 |
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 | 2,020,000 | 4,006,000 | 5,978,000 | 7,989,000 |
| Interest expense | 247,000 | 493,000 | 718,000 | 915,000 |
| Net interest income | 1,773,000 | 3,513,000 | 5,260,000 | 7,074,000 |
| Noninterest income | 113,000 | 237,000 | 358,000 | 472,000 |
| Noninterest expense | 1,202,000 | 2,355,000 | 3,557,000 | 4,899,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 684,000 | 1,395,000 | 2,061,000 | 2,647,000 |
| Income tax | 278,000 | 574,000 | 813,000 | 1,021,000 |
| Net income | 406,000 | 821,000 | 1,248,000 | 1,626,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,066,000 | 13,481,000 | 13,908,000 | 13,338,000 |
| Total capital | 14,559,000 | 14,895,000 | 15,394,000 | 14,874,000 |
| Risk-weighted assets | 118,788,000 | 112,937,000 | 117,993,000 | 122,796,000 |