Call reports 2001
SUMMIT BANK — 2001
What SUMMIT BANK 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 | 236,003,000 | 268,631,000 | 312,932,000 | 358,172,000 |
| Total loans | 166,091,000 | 199,252,000 | 238,630,000 | 280,062,000 |
| Allowance for loan losses | 2,057,000 | 2,470,000 | 2,744,000 | 3,538,000 |
| Securities available for sale | 52,750,000 | 40,605,000 | 42,380,000 | 45,929,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 190,429,000 | 210,475,000 | 243,935,000 | 279,681,000 |
| Interest-bearing deposits | 173,667,000 | 190,546,000 | 223,100,000 | 255,262,000 |
| Noninterest-bearing deposits | 16,762,000 | 19,929,000 | 20,835,000 | 24,419,000 |
| Equity capital | 20,599,000 | 26,984,000 | 32,441,000 | 34,367,000 |
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 | 4,538,000 | 9,504,000 | 15,031,000 | 21,261,000 |
| Interest expense | 2,737,000 | 5,428,000 | 8,201,000 | 11,050,000 |
| Net interest income | 1,801,000 | 4,076,000 | 6,830,000 | 10,211,000 |
| Noninterest income | 145,000 | 310,000 | 645,000 | 1,013,000 |
| Noninterest expense | 1,389,000 | 3,179,000 | 5,349,000 | 7,842,000 |
| Provision for loan losses | 310,000 | 750,000 | 1,260,000 | 2,301,000 |
| Pretax income | 297,000 | 608,000 | 1,148,000 | 1,431,000 |
| Income tax | -8,000 | 7,000 | 152,000 | -15,000 |
| Net income | 305,000 | 601,000 | 996,000 | 1,446,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,389,000 | 25,943,000 | 31,297,000 | 33,560,000 |
| Total capital | 21,446,000 | 28,387,000 | 34,041,000 | 37,084,000 |
| Risk-weighted assets | 164,932,000 | 195,481,000 | 242,211,000 | 281,884,000 |