Call reports 2011
SUMMIT BANK — 2011
What SUMMIT BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 1,095,822,000 | 1,120,219,000 | 1,114,664,000 | 1,129,693,000 |
| Total loans | 711,919,000 | 709,374,000 | 726,050,000 | 745,060,000 |
| Allowance for loan losses | 13,276,000 | 13,313,000 | 14,396,000 | 14,582,000 |
| Securities available for sale | 247,430,000 | 242,081,000 | 236,554,000 | 236,924,000 |
| Securities held to maturity | 0 | 11,993,000 | 8,000,000 | 6,498,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 925,976,000 | 922,102,000 | 935,696,000 | 946,325,000 |
| Interest-bearing deposits | 807,551,000 | 802,262,000 | 815,922,000 | 819,856,000 |
| Noninterest-bearing deposits | 118,425,000 | 119,840,000 | 119,774,000 | 126,469,000 |
| Equity capital | 99,728,000 | 103,228,000 | 107,635,000 | 110,809,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 12,642,000 | 25,438,000 | 38,207,000 | 51,042,000 |
| Interest expense | 3,250,000 | 6,327,000 | 9,262,000 | 11,965,000 |
| Net interest income | 9,392,000 | 19,111,000 | 28,945,000 | 39,077,000 |
| Noninterest income | 1,388,000 | 2,799,000 | 4,397,000 | 6,047,000 |
| Noninterest expense | 6,328,000 | 13,026,000 | 19,585,000 | 26,344,000 |
| Provision for loan losses | 820,000 | 1,682,000 | 2,297,000 | 3,327,000 |
| Pretax income | 3,632,000 | 7,451,000 | 11,709,000 | 15,702,000 |
| Income tax | 345,000 | 755,000 | 1,420,000 | 1,890,000 |
| Net income | 3,287,000 | 6,696,000 | 10,289,000 | 13,812,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 97,863,000 | 101,300,000 | 104,922,000 | 108,473,000 |
| Total capital | 107,256,000 | 110,615,000 | 114,441,000 | 118,319,000 |
| Risk-weighted assets | 747,559,000 | 741,201,000 | 756,640,000 | 782,929,000 |