Call reports 2006
SUMMIT NATIONAL BANK — 2006
What SUMMIT NATIONAL BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 27,164,000 | 29,023,000 | 28,195,000 | 28,763,000 |
| Total loans | 17,672,000 | 20,292,000 | 21,300,000 | 19,740,000 |
| Allowance for loan losses | 223,000 | 225,000 | 227,000 | 229,000 |
| Securities available for sale | 2,510,000 | 2,360,000 | 2,386,000 | 2,225,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,518,000 | 26,704,000 | 25,762,000 | 26,671,000 |
| Interest-bearing deposits | 21,179,000 | 22,096,000 | 21,862,000 | 22,285,000 |
| Noninterest-bearing deposits | 4,339,000 | 4,608,000 | 3,900,000 | 4,386,000 |
| Equity capital | 1,581,000 | 1,626,000 | 1,715,000 | 1,737,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 430,000 | 904,000 | 1,413,000 | 1,942,000 |
| Interest expense | 118,000 | 259,000 | 420,000 | 597,000 |
| Net interest income | 312,000 | 645,000 | 993,000 | 1,345,000 |
| Noninterest income | 34,000 | 87,000 | 139,000 | 199,000 |
| Noninterest expense | 321,000 | 634,000 | 960,000 | 1,342,000 |
| Provision for loan losses | 0 | 2,000 | 4,000 | 6,000 |
| Pretax income | 25,000 | 96,000 | 168,000 | 196,000 |
| Income tax | 7,000 | 19,000 | 28,000 | 37,000 |
| Net income | 18,000 | 77,000 | 140,000 | 159,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,616,000 | 1,677,000 | 1,749,000 | 1,758,000 |
| Total capital | 1,839,000 | 2,002,000 | 2,056,000 | 2,217,000 |
| Risk-weighted assets | 18,804,000 | 21,732,000 | 22,948,000 | 21,791,000 |