Call reports 2004
SUMMIT BANK — 2004
What SUMMIT BANK 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 | 584,127,000 | 598,442,000 | 615,524,000 | 629,105,000 |
| Total loans | 422,691,000 | 446,033,000 | 450,208,000 | 466,910,000 |
| Allowance for loan losses | 8,314,000 | 8,604,000 | 8,629,000 | 8,244,000 |
| Securities available for sale | 110,401,000 | 109,826,000 | 110,442,000 | 107,455,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 440,173,000 | 451,483,000 | 460,610,000 | 473,974,000 |
| Interest-bearing deposits | 392,706,000 | 397,477,000 | 403,347,000 | 413,634,000 |
| Noninterest-bearing deposits | 47,467,000 | 54,006,000 | 57,263,000 | 60,340,000 |
| Equity capital | 50,789,000 | 51,347,000 | 57,973,000 | 58,048,000 |
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 | 7,705,000 | 15,520,000 | 23,561,000 | 31,754,000 |
| Interest expense | 2,507,000 | 4,927,000 | 7,504,000 | 10,296,000 |
| Net interest income | 5,198,000 | 10,593,000 | 16,057,000 | 21,458,000 |
| Noninterest income | 1,052,000 | 2,185,000 | 3,378,000 | 4,494,000 |
| Noninterest expense | 3,776,000 | 7,793,000 | 11,956,000 | 16,012,000 |
| Provision for loan losses | 392,000 | 750,000 | 840,000 | 960,000 |
| Pretax income | 2,088,000 | 4,241,000 | 6,645,000 | 8,986,000 |
| Income tax | 480,000 | 930,000 | 1,472,000 | 1,962,000 |
| Net income | 1,608,000 | 3,311,000 | 5,173,000 | 7,024,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,353,000 | 51,065,000 | 56,884,000 | 57,144,000 |
| Total capital | 54,775,000 | 56,723,000 | 62,667,000 | 63,132,000 |
| Risk-weighted assets | 430,908,000 | 449,919,000 | 459,832,000 | 476,814,000 |