Call reports 2004
SUMMIT NATIONAL BANK, THE — 2004
What SUMMIT NATIONAL BANK, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 489,336,000 | 505,557,000 | 500,782,000 | 547,564,000 |
| Total loans | 325,220,000 | 329,750,000 | 333,617,000 | 339,204,000 |
| Allowance for loan losses | 4,245,000 | 4,375,000 | 4,657,000 | 4,549,000 |
| Securities available for sale | 115,408,000 | 121,471,000 | 114,959,000 | 132,856,000 |
| Securities held to maturity | 12,804,000 | 14,510,000 | 16,257,000 | 16,278,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 387,260,000 | 402,820,000 | 397,096,000 | 437,456,000 |
| Interest-bearing deposits | 302,580,000 | 317,027,000 | 382,981,000 | 405,212,000 |
| Noninterest-bearing deposits | 84,680,000 | 85,793,000 | 14,115,000 | 32,244,000 |
| Equity capital | 43,469,000 | 40,895,000 | 43,609,000 | 43,695,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 6,519,000 | 12,977,000 | 19,641,000 | 26,689,000 |
| Interest expense | 1,795,000 | 3,679,000 | 5,628,000 | 7,691,000 |
| Net interest income | 4,724,000 | 9,298,000 | 14,013,000 | 18,998,000 |
| Noninterest income | 930,000 | 1,833,000 | 2,778,000 | 3,781,000 |
| Noninterest expense | 3,134,000 | 6,330,000 | 9,636,000 | 13,486,000 |
| Provision for loan losses | 464,000 | 665,000 | 915,000 | 1,090,000 |
| Pretax income | 2,184,000 | 4,264,000 | 6,383,000 | 8,346,000 |
| Income tax | 714,000 | 1,343,000 | 2,008,000 | 2,630,000 |
| Net income | 1,470,000 | 2,921,000 | 4,375,000 | 5,716,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,733,000 | 40,612,000 | 41,494,000 | 42,263,000 |
| Total capital | 43,898,000 | 44,866,000 | 45,782,000 | 46,712,000 |
| Risk-weighted assets | 333,208,000 | 340,171,000 | 342,677,000 | 355,950,000 |