Call reports 2019
SUMMIT NATIONAL BANK — 2019
What SUMMIT NATIONAL BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 75,832,000 | 73,482,000 | 74,364,000 | 80,146,000 |
| Total loans | 54,059,000 | 56,171,000 | 57,011,000 | 52,760,000 |
| Allowance for loan losses | 1,009,000 | 1,015,000 | 870,000 | 938,000 |
| Securities available for sale | 9,498,000 | 9,229,000 | 10,233,000 | 9,812,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,628,000 | 65,090,000 | 65,744,000 | 70,866,000 |
| Interest-bearing deposits | 42,078,000 | 42,698,000 | 42,995,000 | 44,299,000 |
| Noninterest-bearing deposits | 25,550,000 | 22,392,000 | 22,749,000 | 26,567,000 |
| Equity capital | 7,268,000 | 7,422,000 | 7,461,000 | 8,362,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 816,000 | 1,645,000 | 2,501,000 | 3,376,000 |
| Interest expense | 67,000 | 139,000 | 224,000 | 309,000 |
| Net interest income | 749,000 | 1,506,000 | 2,277,000 | 3,067,000 |
| Noninterest income | 58,000 | 122,000 | 187,000 | 246,000 |
| Noninterest expense | 613,000 | 1,265,000 | 1,910,000 | 2,659,000 |
| Provision for loan losses | 2,000 | -11,000 | 19,000 | 71,000 |
| Pretax income | 192,000 | 374,000 | 554,000 | 602,000 |
| Income tax | 35,000 | 70,000 | 104,000 | 66,000 |
| Net income | 157,000 | 304,000 | 450,000 | 536,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,781,000 | 6,851,000 | 6,918,000 | 7,836,000 |
| Total capital | 7,470,000 | 7,543,000 | 7,623,000 | 8,541,000 |
| Risk-weighted assets | 54,849,000 | 55,055,000 | 56,266,000 | 56,166,000 |