Call reports 2014
SUMMIT BANK — 2014
What SUMMIT BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 |
|---|---|
| Total assets | 1,180,886,000 |
| Total loans | 751,815,000 |
| Allowance for loan losses | 13,283,000 |
| Securities available for sale | 246,790,000 |
| Securities held to maturity | 4,000,000 |
| Trading assets | 0 |
| Total deposits | 987,371,000 |
| Interest-bearing deposits | 833,915,000 |
| Noninterest-bearing deposits | 153,456,000 |
| Equity capital | 137,370,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 |
|---|---|
| Interest income | 11,061,000 |
| Interest expense | 1,643,000 |
| Net interest income | 9,418,000 |
| Noninterest income | 1,476,000 |
| Noninterest expense | 6,786,000 |
| Provision for loan losses | 0 |
| Pretax income | 4,108,000 |
| Income tax | 717,000 |
| Net income | 3,391,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 |
|---|---|
| Tier 1 capital | 136,465,000 |
| Total capital | 146,659,000 |
| Risk-weighted assets | 812,433,000 |