Call reports 2012
SUMMIT BANK — 2012
What SUMMIT BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 1,153,855,000 | 1,161,113,000 | 1,170,298,000 | 1,160,858,000 |
| Total loans | 735,540,000 | 740,586,000 | 760,770,000 | 761,320,000 |
| Allowance for loan losses | 14,717,000 | 15,111,000 | 14,670,000 | 13,404,000 |
| Securities available for sale | 250,262,000 | 258,198,000 | 251,121,000 | 260,277,000 |
| Securities held to maturity | 4,998,000 | 12,050,000 | 3,830,000 | 4,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 969,926,000 | 973,062,000 | 979,938,000 | 971,736,000 |
| Interest-bearing deposits | 829,575,000 | 820,508,000 | 826,859,000 | 825,306,000 |
| Noninterest-bearing deposits | 140,351,000 | 152,554,000 | 153,079,000 | 146,430,000 |
| Equity capital | 114,337,000 | 118,515,000 | 122,941,000 | 125,329,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 12,479,000 | 25,574,000 | 37,997,000 | 50,325,000 |
| Interest expense | 2,548,000 | 4,986,000 | 7,281,000 | 10,090,000 |
| Net interest income | 9,931,000 | 20,588,000 | 30,716,000 | 40,235,000 |
| Noninterest income | 1,718,000 | 3,888,000 | 5,721,000 | 7,170,000 |
| Noninterest expense | 6,687,000 | 13,844,000 | 21,000,000 | 28,389,000 |
| Provision for loan losses | 696,000 | 2,136,000 | 2,696,000 | 3,081,000 |
| Pretax income | 4,266,000 | 8,496,000 | 12,741,000 | 15,935,000 |
| Income tax | 667,000 | 1,241,000 | 1,850,000 | 1,508,000 |
| Net income | 3,599,000 | 7,255,000 | 10,891,000 | 14,427,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 112,101,000 | 115,781,000 | 119,424,000 | 120,985,000 |
| Total capital | 121,852,000 | 125,788,000 | 129,606,000 | 131,252,000 |
| Risk-weighted assets | 775,108,000 | 795,298,000 | 810,080,000 | 818,188,000 |