Call reports 2015
SUMMIT NATIONAL BANK — 2015
What SUMMIT NATIONAL BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 59,329,000 | 62,867,000 | 64,485,000 | 63,170,000 |
| Total loans | 45,097,000 | 48,145,000 | 51,277,000 | 49,681,000 |
| Allowance for loan losses | 792,000 | 810,000 | 824,000 | 724,000 |
| Securities available for sale | 6,315,000 | 6,746,000 | 6,511,000 | 5,945,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,378,000 | 48,362,000 | 53,020,000 | 54,378,000 |
| Interest-bearing deposits | 36,343,000 | 34,371,000 | 38,414,000 | 36,861,000 |
| Noninterest-bearing deposits | 16,035,000 | 13,991,000 | 14,606,000 | 17,517,000 |
| Equity capital | 6,636,000 | 6,684,000 | 6,794,000 | 6,634,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 731,000 | 1,466,000 | 2,186,000 | 2,807,000 |
| Interest expense | 18,000 | 35,000 | 61,000 | 88,000 |
| Net interest income | 713,000 | 1,431,000 | 2,125,000 | 2,719,000 |
| Noninterest income | 150,000 | 215,000 | 278,000 | 332,000 |
| Noninterest expense | 708,000 | 1,285,000 | 1,831,000 | 2,399,000 |
| Provision for loan losses | 10,000 | 25,000 | 40,000 | 90,000 |
| Pretax income | 146,000 | 340,000 | 536,000 | 566,000 |
| Income tax | 31,000 | 57,000 | 104,000 | 152,000 |
| Net income | 115,000 | 283,000 | 432,000 | 414,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,197,000 | 6,291,000 | 6,368,000 | 6,237,000 |
| Total capital | 6,773,000 | 6,902,000 | 7,018,000 | 6,846,000 |
| Risk-weighted assets | 45,909,000 | 48,720,000 | 51,881,000 | 48,619,000 |