Call reports 2006
SUMMIT BANK — 2006
What SUMMIT BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 744,292,000 | 756,628,000 | 786,433,000 | 814,462,000 |
| Total loans | 567,329,000 | 597,795,000 | 623,731,000 | 649,117,000 |
| Allowance for loan losses | 9,431,000 | 9,814,000 | 10,023,000 | 10,140,000 |
| Securities available for sale | 106,526,000 | 103,966,000 | 106,393,000 | 106,499,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 594,631,000 | 603,936,000 | 630,760,000 | 660,270,000 |
| Interest-bearing deposits | 508,837,000 | 515,841,000 | 539,796,000 | 571,886,000 |
| Noninterest-bearing deposits | 85,794,000 | 88,095,000 | 90,964,000 | 88,384,000 |
| Equity capital | 61,835,000 | 63,498,000 | 65,953,000 | 68,195,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 11,016,000 | 22,799,000 | 35,470,000 | 48,811,000 |
| Interest expense | 4,903,000 | 10,260,000 | 16,034,000 | 22,472,000 |
| Net interest income | 6,113,000 | 12,539,000 | 19,436,000 | 26,339,000 |
| Noninterest income | 1,188,000 | 2,673,000 | 4,033,000 | 5,388,000 |
| Noninterest expense | 4,449,000 | 9,544,000 | 14,611,000 | 19,828,000 |
| Provision for loan losses | 320,000 | 620,000 | 1,030,000 | 1,375,000 |
| Pretax income | 2,532,000 | 5,048,000 | 7,828,000 | 10,524,000 |
| Income tax | 487,000 | 966,000 | 1,563,000 | 2,063,000 |
| Net income | 2,045,000 | 4,082,000 | 6,265,000 | 8,461,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,327,000 | 63,367,000 | 65,555,000 | 67,758,000 |
| Total capital | 68,572,000 | 70,966,000 | 73,508,000 | 76,007,000 |
| Risk-weighted assets | 577,385,000 | 605,742,000 | 634,166,000 | 658,031,000 |