Call reports 2013
SUMMIT BANK — 2013
What SUMMIT BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 1,197,257,000 | 1,180,661,000 | 1,207,001,000 | 1,185,868,000 |
| Total loans | 769,089,000 | 767,708,000 | 795,715,000 | 777,507,000 |
| Allowance for loan losses | 13,813,000 | 13,675,000 | 13,899,000 | 13,687,000 |
| Securities available for sale | 261,511,000 | 267,761,000 | 266,699,000 | 256,386,000 |
| Securities held to maturity | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,012,411,000 | 991,707,000 | 1,015,408,000 | 997,832,000 |
| Interest-bearing deposits | 863,309,000 | 854,149,000 | 870,887,000 | 854,469,000 |
| Noninterest-bearing deposits | 149,102,000 | 137,558,000 | 144,521,000 | 143,363,000 |
| Equity capital | 128,713,000 | 129,070,000 | 131,157,000 | 132,079,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 11,946,000 | 23,986,000 | 35,934,000 | 47,781,000 |
| Interest expense | 1,914,000 | 3,777,000 | 5,525,000 | 7,298,000 |
| Net interest income | 10,032,000 | 20,209,000 | 30,409,000 | 40,483,000 |
| Noninterest income | 1,910,000 | 3,827,000 | 5,653,000 | 7,280,000 |
| Noninterest expense | 6,947,000 | 14,028,000 | 21,229,000 | 28,389,000 |
| Provision for loan losses | 1,030,000 | 1,630,000 | 2,210,000 | 2,400,000 |
| Pretax income | 3,965,000 | 8,378,000 | 12,623,000 | 16,974,000 |
| Income tax | 490,000 | 1,257,000 | 1,844,000 | 2,451,000 |
| Net income | 3,475,000 | 7,121,000 | 10,779,000 | 14,523,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 124,479,000 | 128,125,000 | 131,814,000 | 133,074,000 |
| Total capital | 134,936,000 | 138,577,000 | 142,634,000 | 143,605,000 |
| Risk-weighted assets | 833,226,000 | 832,901,000 | 862,547,000 | 839,638,000 |