Call reports 2007
SUMMIT BANK — 2007
What SUMMIT BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 809,041,000 | 832,920,000 | 847,837,000 | 907,780,000 |
| Total loans | 659,211,000 | 666,649,000 | 677,903,000 | 729,222,000 |
| Allowance for loan losses | 10,545,000 | 10,680,000 | 11,098,000 | 11,325,000 |
| Securities available for sale | 104,096,000 | 105,043,000 | 111,049,000 | 112,903,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 662,211,000 | 687,618,000 | 690,758,000 | 689,525,000 |
| Interest-bearing deposits | 584,981,000 | 606,461,000 | 616,431,000 | 614,500,000 |
| Noninterest-bearing deposits | 77,230,000 | 81,157,000 | 74,327,000 | 75,025,000 |
| Equity capital | 70,924,000 | 73,050,000 | 75,634,000 | 76,891,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 13,663,000 | 27,608,000 | 42,143,000 | 56,594,000 |
| Interest expense | 6,687,000 | 13,470,000 | 20,842,000 | 28,159,000 |
| Net interest income | 6,976,000 | 14,138,000 | 21,301,000 | 28,435,000 |
| Noninterest income | 2,416,000 | 4,034,000 | 5,736,000 | 7,327,000 |
| Noninterest expense | 6,150,000 | 11,860,000 | 17,499,000 | 23,171,000 |
| Provision for loan losses | 350,000 | 675,000 | 1,055,000 | 1,495,000 |
| Pretax income | 2,892,000 | 5,637,000 | 8,483,000 | 11,096,000 |
| Income tax | 660,000 | 1,110,000 | 1,620,000 | 2,095,000 |
| Net income | 2,232,000 | 4,527,000 | 6,863,000 | 9,001,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 70,444,000 | 72,760,000 | 75,119,000 | 76,282,000 |
| Total capital | 78,781,000 | 81,303,000 | 83,753,000 | 85,636,000 |
| Risk-weighted assets | 664,793,000 | 681,315,000 | 688,299,000 | 746,361,000 |