Call reports 2003
SUMMIT NATIONAL BANK, THE — 2003
What SUMMIT NATIONAL BANK, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 420,793,000 | 421,284,000 | 455,907,000 | 476,870,000 |
| Total loans | 270,268,000 | 276,763,000 | 303,153,000 | 317,072,000 |
| Allowance for loan losses | 3,644,000 | 3,634,000 | 3,792,000 | 4,047,000 |
| Securities available for sale | 100,896,000 | 92,993,000 | 97,757,000 | 111,002,000 |
| Securities held to maturity | 12,596,000 | 12,702,000 | 12,460,000 | 12,796,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 336,317,000 | 351,243,000 | 369,897,000 | 371,168,000 |
| Interest-bearing deposits | 256,040,000 | 268,582,000 | 283,758,000 | 283,466,000 |
| Noninterest-bearing deposits | 80,277,000 | 82,661,000 | 86,139,000 | 87,702,000 |
| Equity capital | 31,095,000 | 32,598,000 | 40,839,000 | 41,949,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 5,500,000 | 11,141,000 | 17,107,000 | 23,549,000 |
| Interest expense | 1,801,000 | 3,540,000 | 5,260,000 | 7,012,000 |
| Net interest income | 3,699,000 | 7,601,000 | 11,847,000 | 16,537,000 |
| Noninterest income | 916,000 | 1,695,000 | 2,610,000 | 3,616,000 |
| Noninterest expense | 2,800,000 | 5,581,000 | 8,589,000 | 11,824,000 |
| Provision for loan losses | 214,000 | 322,000 | 799,000 | 1,199,000 |
| Pretax income | 1,601,000 | 3,396,000 | 5,127,000 | 7,230,000 |
| Income tax | 523,000 | 1,070,000 | 1,559,000 | 2,199,000 |
| Net income | 1,078,000 | 2,326,000 | 3,568,000 | 5,031,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,320,000 | 28,096,000 | 37,867,000 | 39,334,000 |
| Total capital | 30,778,000 | 31,634,000 | 41,659,000 | 43,381,000 |
| Risk-weighted assets | 276,454,000 | 283,084,000 | 310,361,000 | 327,286,000 |