Call reports 2011
SUMMIT BANK — 2011
What SUMMIT BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 190,630,000 | 186,238,000 | 187,190,000 | 185,653,000 |
| Total loans | 126,702,000 | 120,791,000 | 120,608,000 | 114,793,000 |
| Allowance for loan losses | 3,071,000 | 2,977,000 | 3,163,000 | 2,623,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 772,000 | 399,000 | 399,000 | 400,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 169,559,000 | 165,088,000 | 165,610,000 | 163,880,000 |
| Interest-bearing deposits | 107,472,000 | 101,650,000 | 103,977,000 | 105,785,000 |
| Noninterest-bearing deposits | 62,087,000 | 63,438,000 | 61,633,000 | 58,095,000 |
| Equity capital | 18,597,000 | 18,641,000 | 18,846,000 | 19,234,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,156,000 | 4,208,000 | 6,168,000 | 8,465,000 |
| Interest expense | 247,000 | 489,000 | 713,000 | 895,000 |
| Net interest income | 1,909,000 | 3,719,000 | 5,455,000 | 7,570,000 |
| Noninterest income | 183,000 | 347,000 | 537,000 | 721,000 |
| Noninterest expense | 1,400,000 | 2,653,000 | 3,952,000 | 5,297,000 |
| Provision for loan losses | 345,000 | 920,000 | 1,220,000 | 1,520,000 |
| Pretax income | 347,000 | 493,000 | 820,000 | 1,474,000 |
| Income tax | 131,000 | 186,000 | 308,000 | 574,000 |
| Net income | 216,000 | 307,000 | 512,000 | 900,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,573,000 | 18,622,000 | 18,484,000 | 18,911,000 |
| Total capital | 20,449,000 | 20,400,000 | 20,274,000 | 20,617,000 |
| Risk-weighted assets | 148,884,000 | 141,026,000 | 141,838,000 | 135,588,000 |