Call report 2024Q1
SUMMIT BANK — 2024Q1
The 22 measures SUMMIT BANK reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 315,524,000 | USD | evidence → |
| Total loans | 194,265,000 | USD | evidence → |
| Allowance for loan losses | 6,129,000 | USD | evidence → |
| Securities available for sale | 0 | USD | evidence → |
| Securities held to maturity | 381,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 260,670,000 | USD | evidence → |
| Interest-bearing deposits | 146,163,000 | USD | evidence → |
| Noninterest-bearing deposits | 114,507,000 | USD | evidence → |
| Equity capital | 45,736,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 4,468,000 | USD | evidence → |
| Interest expense | 575,000 | USD | evidence → |
| Net interest income | 3,893,000 | USD | evidence → |
| Noninterest income | 200,000 | USD | evidence → |
| Noninterest expense | 2,102,000 | USD | evidence → |
| Provision for loan losses | 150,000 | USD | evidence → |
| Pretax income | 1,841,000 | USD | evidence → |
| Income tax | 538,000 | USD | evidence → |
| Net income | 1,303,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 45,735,000 | USD | evidence → |
| Total capital | 48,528,000 | USD | evidence → |
| Risk-weighted assets | 219,782,000 | USD | evidence → |