FACTANKER · measured, cited, anchored official records connected

Call report 2024Q3

SUMMIT BANK — 2024Q3

The 22 measures SUMMIT BANK reported to the FFIEC for 2024Q3, each linked to its source filing.

PERIOD: 2024Q3SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/de5ad210-6d8c-4048-9009-8dc6eeb9f522/2024Q3

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets297,741,000USDevidence →
Total loans199,425,000USDevidence →
Allowance for loan losses6,429,000USDevidence →
Securities available for sale0USDevidence →
Securities held to maturity390,000USDevidence →
Trading assets0USDevidence →
Total deposits241,253,000USDevidence →
Interest-bearing deposits128,286,000USDevidence →
Noninterest-bearing deposits112,967,000USDevidence →
Equity capital47,211,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income13,200,000USDevidence →
Interest expense1,634,000USDevidence →
Net interest income11,566,000USDevidence →
Noninterest income558,000USDevidence →
Noninterest expense6,678,000USDevidence →
Provision for loan losses450,000USDevidence →
Pretax income4,996,000USDevidence →
Income tax1,468,000USDevidence →
Net income3,528,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital47,211,000USDevidence →
Total capital50,064,000USDevidence →
Risk-weighted assets224,376,000USDevidence →