Call reports 2012
SUMMIT BANK — 2012
What SUMMIT BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 189,517,000 | 190,018,000 | 189,769,000 | 191,080,000 |
| Total loans | 108,888,000 | 110,500,000 | 109,184,000 | 104,076,000 |
| Allowance for loan losses | 3,012,000 | 2,860,000 | 3,078,000 | 3,119,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 400,000 | 399,000 | 400,000 | 400,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 167,390,000 | 167,716,000 | 167,276,000 | 168,294,000 |
| Interest-bearing deposits | 112,557,000 | 104,703,000 | 104,949,000 | 100,344,000 |
| Noninterest-bearing deposits | 54,833,000 | 63,013,000 | 62,327,000 | 67,950,000 |
| Equity capital | 19,467,000 | 19,691,000 | 19,850,000 | 20,140,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,961,000 | 3,899,000 | 5,825,000 | 7,722,000 |
| Interest expense | 183,000 | 358,000 | 514,000 | 639,000 |
| Net interest income | 1,778,000 | 3,541,000 | 5,311,000 | 7,083,000 |
| Noninterest income | 251,000 | 518,000 | 705,000 | 916,000 |
| Noninterest expense | 1,345,000 | 2,961,000 | 4,466,000 | 5,863,000 |
| Provision for loan losses | 300,000 | 350,000 | 550,000 | 650,000 |
| Pretax income | 384,000 | 748,000 | 1,000,000 | 1,486,000 |
| Income tax | 151,000 | 291,000 | 384,000 | 580,000 |
| Net income | 233,000 | 457,000 | 616,000 | 906,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,167,000 | 19,414,000 | 19,589,000 | 19,840,000 |
| Total capital | 20,823,000 | 21,120,000 | 21,292,000 | 21,485,000 |
| Risk-weighted assets | 131,450,000 | 135,363,000 | 134,830,000 | 130,020,000 |