Call reports 2010
SUMMIT BANK — 2010
What SUMMIT BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 1,133,876,000 | 1,133,080,000 | 1,118,364,000 | 1,107,041,000 |
| Total loans | 715,410,000 | 716,900,000 | 721,841,000 | 715,545,000 |
| Allowance for loan losses | 13,038,000 | 12,835,000 | 12,827,000 | 13,035,000 |
| Securities available for sale | 248,433,000 | 259,686,000 | 254,695,000 | 251,256,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 865,130,000 | 860,301,000 | 875,959,000 | 909,189,000 |
| Interest-bearing deposits | 768,100,000 | 763,164,000 | 774,849,000 | 788,544,000 |
| Noninterest-bearing deposits | 97,030,000 | 97,137,000 | 101,110,000 | 120,645,000 |
| Equity capital | 97,918,000 | 101,761,000 | 105,853,000 | 96,403,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 13,098,000 | 26,444,000 | 39,799,000 | 52,836,000 |
| Interest expense | 4,490,000 | 8,988,000 | 13,197,000 | 16,895,000 |
| Net interest income | 8,608,000 | 17,456,000 | 26,602,000 | 35,941,000 |
| Noninterest income | 1,396,000 | 2,824,000 | 4,546,000 | 6,286,000 |
| Noninterest expense | 5,972,000 | 12,078,000 | 18,619,000 | 25,253,000 |
| Provision for loan losses | 780,000 | 1,420,000 | 2,145,000 | 3,470,000 |
| Pretax income | 3,252,000 | 6,782,000 | 10,384,000 | 13,504,000 |
| Income tax | 230,000 | 530,000 | 830,000 | 970,000 |
| Net income | 3,022,000 | 6,252,000 | 9,554,000 | 12,534,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 95,251,000 | 98,258,000 | 101,587,000 | 94,598,000 |
| Total capital | 104,485,000 | 107,446,000 | 110,947,000 | 103,986,000 |
| Risk-weighted assets | 734,899,000 | 732,341,000 | 745,371,000 | 747,370,000 |