Call reports 2019
SUMMIT BANK — 2019
What SUMMIT BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 248,917,000 | 248,661,000 | 250,919,000 | 258,089,000 |
| Total loans | 173,599,000 | 172,755,000 | 172,976,000 | 176,615,000 |
| Allowance for loan losses | 3,454,000 | 3,454,000 | 3,454,000 | 3,454,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 391,000 | 393,000 | 395,000 | 398,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 209,954,000 | 209,127,000 | 210,042,000 | 215,942,000 |
| Interest-bearing deposits | 115,661,000 | 104,610,000 | 111,327,000 | 108,831,000 |
| Noninterest-bearing deposits | 94,293,000 | 104,517,000 | 98,715,000 | 107,111,000 |
| Equity capital | 31,599,000 | 32,516,000 | 33,460,000 | 34,426,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,266,000 | 6,468,000 | 9,765,000 | 13,004,000 |
| Interest expense | 124,000 | 257,000 | 387,000 | 513,000 |
| Net interest income | 3,142,000 | 6,211,000 | 9,378,000 | 12,491,000 |
| Noninterest income | 152,000 | 298,000 | 448,000 | 587,000 |
| Noninterest expense | 1,906,000 | 3,811,000 | 5,801,000 | 7,775,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,388,000 | 2,698,000 | 4,025,000 | 5,303,000 |
| Income tax | 405,000 | 798,000 | 1,181,000 | 1,493,000 |
| Net income | 983,000 | 1,900,000 | 2,844,000 | 3,810,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,599,000 | 32,516,000 | 33,460,000 | 34,426,000 |
| Total capital | 34,126,000 | 35,048,000 | 36,129,000 | 37,137,000 |
| Risk-weighted assets | 201,087,000 | 201,343,000 | 212,589,000 | 215,998,000 |