Call reports 2002
SUMMIT BANK — 2002
What SUMMIT BANK 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 | 401,320,000 | 440,682,000 | 494,175,000 | 496,527,000 |
| Total loans | 296,215,000 | 323,849,000 | 346,736,000 | 366,724,000 |
| Allowance for loan losses | 4,130,000 | 4,473,000 | 5,254,000 | 6,106,000 |
| Securities available for sale | 71,313,000 | 80,396,000 | 91,695,000 | 91,033,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 323,410,000 | 366,159,000 | 402,064,000 | 397,429,000 |
| Interest-bearing deposits | 297,296,000 | 338,451,000 | 369,178,000 | 362,243,000 |
| Noninterest-bearing deposits | 26,114,000 | 27,708,000 | 32,886,000 | 35,186,000 |
| Equity capital | 34,496,000 | 36,194,000 | 43,068,000 | 43,792,000 |
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 | 6,200,000 | 12,939,000 | 20,141,000 | 27,596,000 |
| Interest expense | 2,591,000 | 5,433,000 | 8,411,000 | 11,182,000 |
| Net interest income | 3,609,000 | 7,506,000 | 11,730,000 | 16,414,000 |
| Noninterest income | 491,000 | 1,085,000 | 1,822,000 | 2,680,000 |
| Noninterest expense | 2,516,000 | 5,517,000 | 8,578,000 | 11,784,000 |
| Provision for loan losses | 687,000 | 1,174,000 | 2,272,000 | 4,052,000 |
| Pretax income | 881,000 | 1,884,000 | 2,707,000 | 3,268,000 |
| Income tax | 227,000 | 527,000 | 456,000 | 111,000 |
| Net income | 654,000 | 1,357,000 | 2,251,000 | 3,157,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,222,000 | 35,289,000 | 41,691,000 | 42,606,000 |
| Total capital | 37,907,000 | 39,342,000 | 46,102,000 | 47,209,000 |
| Risk-weighted assets | 294,354,000 | 323,792,000 | 352,019,000 | 366,700,000 |