Call reports 2005
SUMMIT NATIONAL BANK — 2005
What SUMMIT NATIONAL BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 23,477,000 | 23,129,000 | 24,198,000 | 26,241,000 |
| Total loans | 14,743,000 | 15,620,000 | 16,623,000 | 14,847,000 |
| Allowance for loan losses | 227,000 | 229,000 | 229,000 | 224,000 |
| Securities available for sale | 3,930,000 | 2,622,000 | 2,533,000 | 2,577,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,879,000 | 21,443,000 | 22,472,000 | 24,618,000 |
| Interest-bearing deposits | 18,010,000 | 17,844,000 | 19,010,000 | 20,186,000 |
| Noninterest-bearing deposits | 3,869,000 | 3,599,000 | 3,462,000 | 4,432,000 |
| Equity capital | 1,538,000 | 1,610,000 | 1,619,000 | 1,570,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 346,000 | 703,000 | 1,080,000 | 1,470,000 |
| Interest expense | 83,000 | 171,000 | 262,000 | 370,000 |
| Net interest income | 263,000 | 532,000 | 818,000 | 1,100,000 |
| Noninterest income | 30,000 | 61,000 | 106,000 | 142,000 |
| Noninterest expense | 234,000 | 482,000 | 776,000 | 1,151,000 |
| Provision for loan losses | 3,000 | 4,000 | 4,000 | 5,000 |
| Pretax income | 56,000 | 107,000 | 134,000 | 76,000 |
| Income tax | 11,000 | 21,000 | 32,000 | 5,000 |
| Net income | 45,000 | 86,000 | 102,000 | 71,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,574,000 | 1,615,000 | 1,619,000 | 1,570,000 |
| Total capital | 1,767,000 | 1,826,000 | 1,846,000 | 1,787,000 |
| Risk-weighted assets | 15,376,000 | 16,900,000 | 17,407,000 | 16,618,000 |