Call reports 2006
SUMMIT BANK — 2006
What SUMMIT BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 171,217,000 | 173,872,000 | 193,446,000 | 195,434,000 |
| Total loans | 120,126,000 | 116,851,000 | 124,671,000 | 124,937,000 |
| Allowance for loan losses | 1,961,000 | 2,014,000 | 2,067,000 | 2,126,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,557,000 | 1,549,000 | 1,538,000 | 1,535,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 150,078,000 | 155,255,000 | 173,551,000 | 176,405,000 |
| Interest-bearing deposits | 94,415,000 | 102,185,000 | 117,909,000 | 116,630,000 |
| Noninterest-bearing deposits | 55,663,000 | 53,070,000 | 55,642,000 | 59,775,000 |
| Equity capital | 15,256,000 | 16,153,000 | 17,200,000 | 16,339,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 3,077,000 | 6,499,000 | 10,347,000 | 14,112,000 |
| Interest expense | 524,000 | 1,191,000 | 2,062,000 | 2,943,000 |
| Net interest income | 2,553,000 | 5,308,000 | 8,285,000 | 11,169,000 |
| Noninterest income | 120,000 | 259,000 | 387,000 | 525,000 |
| Noninterest expense | 1,398,000 | 2,805,000 | 4,158,000 | 5,568,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 1,230,000 | 2,672,000 | 4,379,000 | 5,946,000 |
| Income tax | 488,000 | 1,033,000 | 1,693,000 | 2,321,000 |
| Net income | 742,000 | 1,639,000 | 2,686,000 | 3,625,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,256,000 | 16,153,000 | 17,200,000 | 16,339,000 |
| Total capital | 17,035,000 | 17,916,000 | 19,084,000 | 18,244,000 |
| Risk-weighted assets | 142,137,000 | 140,761,000 | 150,502,000 | 152,188,000 |