Call reports 2025
SUMMIT NATIONAL BANK — 2025
What SUMMIT NATIONAL BANK reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 91,395,000 | 87,404,000 | 85,593,000 | 74,444,000 |
| Total loans | 43,194,000 | 42,174,000 | 41,427,000 | 39,964,000 |
| Allowance for loan losses | 854,000 | 854,000 | 854,000 | 846,000 |
| Securities available for sale | 16,943,000 | 12,073,000 | 12,187,000 | 12,252,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,093,000 | 84,356,000 | 82,914,000 | 72,530,000 |
| Interest-bearing deposits | 61,497,000 | 68,176,000 | 66,336,000 | 55,285,000 |
| Noninterest-bearing deposits | 24,596,000 | 16,180,000 | 16,578,000 | 17,245,000 |
| Equity capital | 3,116,000 | 2,399,000 | 2,005,000 | 1,393,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 968,000 | 2,006,000 | 3,055,000 | 3,905,000 |
| Interest expense | 437,000 | 902,000 | 1,449,000 | 1,939,000 |
| Net interest income | 531,000 | 1,104,000 | 1,606,000 | 1,966,000 |
| Noninterest income | 29,000 | 65,000 | 109,000 | 131,000 |
| Noninterest expense | 1,970,000 | 3,348,000 | 5,010,000 | 6,095,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -1,411,000 | -2,211,000 | -3,327,000 | -3,998,000 |
| Income tax | 19,000 | 2,000 | -52,000 | -40,000 |
| Net income | -1,430,000 | -2,213,000 | -3,275,000 | -3,958,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,667,000 | 2,841,000 | 2,337,000 | 1,655,000 |
| Total capital | 4,265,000 | 3,414,000 | 2,887,000 | 2,188,000 |
| Risk-weighted assets | 47,597,000 | 45,496,000 | 43,699,000 | 42,295,000 |