Call reports 2005
SUMMIT BANK — 2005
What SUMMIT BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 168,104,000 | 163,907,000 | 168,862,000 | 165,960,000 |
| Total loans | 113,868,000 | 114,015,000 | 108,275,000 | 110,900,000 |
| Allowance for loan losses | 1,736,000 | 1,819,000 | 1,844,000 | 1,907,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,503,000 | 1,475,000 | 1,486,000 | 1,554,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 148,767,000 | 144,257,000 | 148,379,000 | 146,112,000 |
| Interest-bearing deposits | 92,515,000 | 86,579,000 | 88,770,000 | 89,327,000 |
| Noninterest-bearing deposits | 56,252,000 | 57,678,000 | 59,609,000 | 56,785,000 |
| Equity capital | 14,239,000 | 14,774,000 | 15,404,000 | 14,514,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 2,518,000 | 5,125,000 | 7,917,000 | 10,974,000 |
| Interest expense | 357,000 | 741,000 | 1,177,000 | 1,674,000 |
| Net interest income | 2,161,000 | 4,384,000 | 6,740,000 | 9,300,000 |
| Noninterest income | 119,000 | 234,000 | 378,000 | 549,000 |
| Noninterest expense | 1,415,000 | 2,821,000 | 4,220,000 | 5,577,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 280,000 |
| Pretax income | 790,000 | 1,647,000 | 2,673,000 | 3,992,000 |
| Income tax | 309,000 | 631,000 | 1,027,000 | 1,537,000 |
| Net income | 481,000 | 1,016,000 | 1,646,000 | 2,455,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,239,000 | 14,774,000 | 15,404,000 | 14,514,000 |
| Total capital | 15,942,000 | 16,465,000 | 17,039,000 | 16,170,000 |
| Risk-weighted assets | 136,184,000 | 135,100,000 | 130,632,000 | 132,554,000 |