Call reports 2009
SUMMIT BANK — 2009
What SUMMIT BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 176,312,000 | 172,996,000 | 179,996,000 | 178,542,000 |
| Total loans | 120,261,000 | 119,354,000 | 121,209,000 | 122,351,000 |
| Allowance for loan losses | 2,127,000 | 1,862,000 | 2,628,000 | 2,603,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,164,000 | 1,167,000 | 1,169,000 | 722,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 157,488,000 | 154,399,000 | 160,177,000 | 158,571,000 |
| Interest-bearing deposits | 103,367,000 | 100,406,000 | 98,999,000 | 98,568,000 |
| Noninterest-bearing deposits | 54,121,000 | 53,993,000 | 61,178,000 | 60,003,000 |
| Equity capital | 16,019,000 | 16,039,000 | 17,284,000 | 17,513,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,283,000 | 4,486,000 | 6,786,000 | 9,057,000 |
| Interest expense | 434,000 | 807,000 | 1,175,000 | 1,522,000 |
| Net interest income | 1,849,000 | 3,679,000 | 5,611,000 | 7,535,000 |
| Noninterest income | 172,000 | 364,000 | 557,000 | 705,000 |
| Noninterest expense | 1,314,000 | 2,642,000 | 3,841,000 | 5,201,000 |
| Provision for loan losses | 375,000 | 1,040,000 | 1,894,000 | 2,294,000 |
| Pretax income | 332,000 | 361,000 | 433,000 | 745,000 |
| Income tax | 98,000 | 107,000 | 164,000 | 247,000 |
| Net income | 234,000 | 254,000 | 269,000 | 498,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,019,000 | 16,039,000 | 17,284,000 | 17,513,000 |
| Total capital | 17,675,000 | 17,744,000 | 19,020,000 | 19,261,000 |
| Risk-weighted assets | 138,942,000 | 136,096,000 | 137,983,000 | 138,970,000 |