Call reports 2001
SUMMIT NATIONAL BANK, THE — 2001
What SUMMIT NATIONAL BANK, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 327,855,000 | 330,855,000 | 331,138,000 | 341,237,000 |
| Total loans | 191,086,000 | 203,822,000 | 209,002,000 | 219,744,000 |
| Allowance for loan losses | 3,046,000 | 2,951,000 | 3,458,000 | 3,234,000 |
| Securities available for sale | 81,324,000 | 86,256,000 | 74,766,000 | 76,118,000 |
| Securities held to maturity | 5,492,000 | 7,699,000 | 11,707,000 | 11,802,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 283,096,000 | 288,585,000 | 286,952,000 | 296,325,000 |
| Interest-bearing deposits | 216,745,000 | 224,477,000 | 222,845,000 | 227,606,000 |
| Noninterest-bearing deposits | 66,351,000 | 64,108,000 | 64,107,000 | 68,719,000 |
| Equity capital | 23,549,000 | 24,145,000 | 25,804,000 | 25,950,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 6,225,000 | 12,254,000 | 18,122,000 | 23,486,000 |
| Interest expense | 2,897,000 | 5,835,000 | 8,593,000 | 11,074,000 |
| Net interest income | 3,328,000 | 6,419,000 | 9,529,000 | 12,412,000 |
| Noninterest income | 1,035,000 | 1,760,000 | 2,438,000 | 3,122,000 |
| Noninterest expense | 2,618,000 | 5,173,000 | 7,815,000 | 10,627,000 |
| Provision for loan losses | 200,000 | 375,000 | 675,000 | 755,000 |
| Pretax income | 1,545,000 | 2,631,000 | 3,495,000 | 4,399,000 |
| Income tax | 545,000 | 933,000 | 1,241,000 | 1,463,000 |
| Net income | 1,000,000 | 1,698,000 | 2,254,000 | 2,936,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,065,000 | 22,793,000 | 23,379,000 | 24,091,000 |
| Total capital | 24,682,000 | 25,474,000 | 26,091,000 | 26,953,000 |
| Risk-weighted assets | 208,898,000 | 214,201,000 | 216,208,000 | 228,549,000 |