Call reports 2002
SUMMIT NATIONAL BANK, THE — 2002
What SUMMIT NATIONAL BANK, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 362,622,000 | 374,056,000 | 383,209,000 | 403,538,000 |
| Total loans | 235,727,000 | 240,368,000 | 253,736,000 | 258,723,000 |
| Allowance for loan losses | 3,470,000 | 3,303,000 | 3,347,000 | 3,435,000 |
| Securities available for sale | 76,598,000 | 77,102,000 | 75,491,000 | 98,946,000 |
| Securities held to maturity | 11,797,000 | 11,792,000 | 12,159,000 | 12,590,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 300,670,000 | 314,560,000 | 321,399,000 | 318,820,000 |
| Interest-bearing deposits | 233,570,000 | 247,885,000 | 251,952,000 | 243,283,000 |
| Noninterest-bearing deposits | 67,100,000 | 66,675,000 | 69,447,000 | 75,537,000 |
| Equity capital | 26,183,000 | 28,329,000 | 29,781,000 | 30,647,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 5,219,000 | 10,665,000 | 16,224,000 | 21,885,000 |
| Interest expense | 2,046,000 | 4,007,000 | 6,022,000 | 7,998,000 |
| Net interest income | 3,173,000 | 6,658,000 | 10,202,000 | 13,887,000 |
| Noninterest income | 1,177,000 | 2,088,000 | 3,116,000 | 4,674,000 |
| Noninterest expense | 2,671,000 | 5,529,000 | 8,201,000 | 11,319,000 |
| Provision for loan losses | 365,000 | 577,000 | 771,000 | 1,130,000 |
| Pretax income | 1,314,000 | 2,875,000 | 4,629,000 | 6,385,000 |
| Income tax | 375,000 | 869,000 | 1,498,000 | 2,066,000 |
| Net income | 939,000 | 2,006,000 | 3,131,000 | 4,319,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,036,000 | 25,760,000 | 25,991,000 | 26,711,000 |
| Total capital | 28,109,000 | 28,874,000 | 29,228,000 | 30,045,000 |
| Risk-weighted assets | 245,549,000 | 248,891,000 | 258,836,000 | 266,600,000 |