Call reports 2012
SUMMIT NATIONAL BANK — 2012
What SUMMIT NATIONAL 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 | 66,995,000 | 67,702,000 | 65,348,000 | 64,725,000 |
| Total loans | 45,331,000 | 46,711,000 | 45,264,000 | 38,551,000 |
| Allowance for loan losses | 1,179,000 | 1,148,000 | 1,148,000 | 1,086,000 |
| Securities available for sale | 13,823,000 | 11,465,000 | 10,706,000 | 14,080,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,274,000 | 61,056,000 | 58,467,000 | 57,765,000 |
| Interest-bearing deposits | 46,749,000 | 45,275,000 | 42,488,000 | 41,257,000 |
| Noninterest-bearing deposits | 12,525,000 | 15,781,000 | 15,979,000 | 16,508,000 |
| Equity capital | 6,226,000 | 6,130,000 | 6,441,000 | 6,605,000 |
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 | 872,000 | 1,678,000 | 2,463,000 | 3,182,000 |
| Interest expense | 79,000 | 140,000 | 183,000 | 216,000 |
| Net interest income | 793,000 | 1,538,000 | 2,280,000 | 2,966,000 |
| Noninterest income | 74,000 | 152,000 | 235,000 | 319,000 |
| Noninterest expense | 638,000 | 1,362,000 | 2,017,000 | 2,707,000 |
| Provision for loan losses | 40,000 | 405,000 | 420,000 | 435,000 |
| Pretax income | 302,000 | 267,000 | 446,000 | 524,000 |
| Income tax | 46,000 | 46,000 | 48,000 | -19,000 |
| Net income | 256,000 | 221,000 | 398,000 | 543,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,391,000 | 5,387,000 | 5,722,000 | 5,922,000 |
| Total capital | 6,027,000 | 6,004,000 | 6,328,000 | 6,377,000 |
| Risk-weighted assets | 50,344,000 | 48,989,000 | 47,954,000 | 41,784,000 |