Call reports 2005
SUMMIT NATIONAL BANK, THE — 2005
What SUMMIT NATIONAL BANK, THE reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 521,763,000 | 527,446,000 | 533,823,000 | 526,303,000 |
| Total loans | 335,039,000 | 337,714,000 | 346,018,000 | 357,987,000 |
| Allowance for loan losses | 4,373,000 | 4,495,000 | 4,609,000 | 4,556,000 |
| Securities available for sale | 125,296,000 | 122,087,000 | 116,990,000 | 106,416,000 |
| Securities held to maturity | 16,299,000 | 16,321,000 | 16,073,000 | 16,096,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 437,523,000 | 408,824,000 | 441,923,000 | 439,976,000 |
| Interest-bearing deposits | 401,595,000 | 383,390,000 | 417,390,000 | 411,378,000 |
| Noninterest-bearing deposits | 35,928,000 | 25,434,000 | 24,533,000 | 28,598,000 |
| Equity capital | 43,289,000 | 45,409,000 | 46,681,000 | 47,454,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 7,263,000 | 14,673,000 | 22,578,000 | 31,260,000 |
| Interest expense | 2,128,000 | 4,375,000 | 6,885,000 | 9,485,000 |
| Net interest income | 5,135,000 | 10,298,000 | 15,693,000 | 21,775,000 |
| Noninterest income | 1,004,000 | 2,152,000 | 3,187,000 | 3,629,000 |
| Noninterest expense | 3,781,000 | 7,844,000 | 11,726,000 | 15,301,000 |
| Provision for loan losses | 264,000 | 464,000 | 514,000 | 539,000 |
| Pretax income | 2,097,000 | 4,145,000 | 6,643,000 | 9,567,000 |
| Income tax | 610,000 | 1,121,000 | 1,875,000 | 2,750,000 |
| Net income | 1,487,000 | 3,024,000 | 4,768,000 | 6,817,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,177,000 | 44,716,000 | 46,461,000 | 47,911,000 |
| Total capital | 47,550,000 | 49,203,000 | 51,070,000 | 52,492,000 |
| Risk-weighted assets | 356,945,000 | 358,974,000 | 369,647,000 | 379,292,000 |