Call reports 2005
SUMMIT BANK — 2005
What SUMMIT BANK 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 | 632,694,000 | 653,182,000 | 687,490,000 | 722,018,000 |
| Total loans | 466,621,000 | 492,081,000 | 520,828,000 | 545,839,000 |
| Allowance for loan losses | 8,358,000 | 8,596,000 | 8,949,000 | 9,212,000 |
| Securities available for sale | 107,099,000 | 107,616,000 | 109,643,000 | 108,032,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 480,357,000 | 500,228,000 | 528,595,000 | 572,882,000 |
| Interest-bearing deposits | 420,036,000 | 437,571,000 | 463,607,000 | 495,563,000 |
| Noninterest-bearing deposits | 60,321,000 | 62,657,000 | 64,988,000 | 77,319,000 |
| Equity capital | 59,557,000 | 62,420,000 | 64,394,000 | 62,095,000 |
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 | 8,417,000 | 17,394,000 | 27,016,000 | 37,293,000 |
| Interest expense | 3,062,000 | 6,489,000 | 10,342,000 | 14,643,000 |
| Net interest income | 5,355,000 | 10,905,000 | 16,674,000 | 22,650,000 |
| Noninterest income | 1,092,000 | 2,443,000 | 3,759,000 | 5,120,000 |
| Noninterest expense | 4,069,000 | 8,333,000 | 12,780,000 | 17,192,000 |
| Provision for loan losses | 125,000 | 560,000 | 1,010,000 | 1,515,000 |
| Pretax income | 2,253,000 | 4,455,000 | 6,643,000 | 9,063,000 |
| Income tax | 416,000 | 592,000 | 822,000 | 1,197,000 |
| Net income | 1,837,000 | 3,863,000 | 5,821,000 | 7,866,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,990,000 | 61,775,000 | 63,786,000 | 61,582,000 |
| Total capital | 64,959,000 | 68,060,000 | 70,475,000 | 68,614,000 |
| Risk-weighted assets | 475,155,000 | 500,524,000 | 532,885,000 | 560,401,000 |