Home > Summit Bank > Assets and Liabilities
Summit Bank, Assets and Liabilities
| 1998-12-31 | Rank | |
| # of Employees: | 48 | 3,601 |
| Assets and Liabilities | ||
| Total Assets: | $119,841,000 | 3,722 |
| Cash and due from depository institutions | $4,424,000 | 3,601 |
| Interest-bearing balances | $2,123,000 | 2,076 |
| Securities | $11,532,000 | 6,653 |
| Federal funds sold & reverse repurchase agreements | $0 | 8,346 |
| Net loans & leases | $99,403,000 | 2,777 |
| Loan loss allowance | $1,315,000 | 2,614 |
| Trading account assets | $0 | 197 |
| Bank premises and fixed assets | $838,000 | 6,468 |
| Other real estate owned | $0 | 3,601 |
| Goodwill and other intangibles | $1,159,000 | 1,346 |
| All other assets | $2,485,000 | 2,942 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $119,841,000 | 3,722 |
| Total liabilities | $109,604,000 | 3,651 |
| Total deposits | $92,215,000 | 4,023 |
| Interest-bearing deposits | $76,936,000 | 4,102 |
| Deposits held in domestic offices | $92,215,000 | 4,017 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,214 |
| Trading liabilities | $0 | 69 |
| Other borrowed funds | $15,423,000 | 1,215 |
| Subordinated debt | $0 | 255 |
| All other liabilities | $1,966,000 | 2,028 |
| Total equity capital | $10,237,000 | 4,241 |
| Total bank equity capital | $10,237,000 | 4,241 |
| Perpetual preferred stock | $0 | 199 |
| Common stock | $2,000,000 | 1,820 |
| Surplus | $4,935,000 | 2,905 |
| Undivided profits | $3,302,000 | 5,621 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $231,000 | 5,822 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $77,000 | 1,018 |
| Income earned, not collected on loans | $498,000 | 4,623 |
| Earning assets | $113,058,000 | 3,638 |
| Long-term assets (5+ years) | $21,960,000 | 2,973 |
| Average Assets, year-to-date | $110,974,800 | 3,783 |
| Average Assets, quarterly | $120,487,000 | 3,637 |
| Volatile liabilities | $9,397,000 | 5,168 |
| Insider loans | $1,567,000 | 2,568 |
| FHLB advances | $0 | 740 |
| Loans and leases held for sale | $3,974,000 | 602 |
| Unused loan commitments | $18,583,000 | 2,386 |
| Tier 1 (core) risk-based capital | $9,086,200 | 4,544 |
| Tier 2 risk-based capital | $1,195,560 | 2,578 |
| Total risk weighted assets | $95,525,060 | 2,945 |
| Total unused commitments | $18,583,000 | 2,391 |
| Derivatives | $0 | 527 |
| 1997-12-31 | Rank | |
| # of Employees: | 34 | 5,035 |
| Assets and Liabilities | ||
| Total Assets: | $101,626,000 | 4,261 |
| Cash and due from depository institutions | $3,768,000 | 5,035 |
| Interest-bearing balances | $1,216,000 | 2,267 |
| Securities | $15,505,000 | 5,873 |
| Federal funds sold & reverse repurchase agreements | $0 | 8,160 |
| Net loans & leases | $78,474,000 | 3,428 |
| Loan loss allowance | $1,036,000 | 3,266 |
| Trading account assets | $0 | 203 |
| Bank premises and fixed assets | $830,000 | 6,538 |
| Other real estate owned | $0 | 5,035 |
| Goodwill and other intangibles | $1,241,000 | 1,218 |
| All other assets | $1,808,000 | 3,816 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $101,626,000 | 4,261 |
| Total liabilities | $94,022,000 | 4,155 |
| Total deposits | $81,661,000 | 4,433 |
| Interest-bearing deposits | $69,323,000 | 4,483 |
| Deposits held in domestic offices | $81,661,000 | 4,424 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,723 |
| Trading liabilities | $0 | 80 |
| Other borrowed funds | $10,573,000 | 1,339 |
| Subordinated debt | $0 | 260 |
| All other liabilities | $1,788,000 | 2,242 |
| Total equity capital | $7,604,000 | 5,393 |
| Total bank equity capital | $7,604,000 | 5,393 |
| Perpetual preferred stock | $0 | 223 |
| Common stock | $2,000,000 | 1,809 |
| Surplus | $3,875,000 | 3,445 |
| Undivided profits | $1,729,000 | 7,509 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $390,000 | 4,687 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $4,000 | 1,676 |
| Income earned, not collected on loans | $450,000 | 5,179 |
| Earning assets | $95,195,000 | 4,202 |
| Long-term assets (5+ years) | $30,797,000 | 2,028 |
| Average Assets, year-to-date | $89,568,200 | 4,583 |
| Average Assets, quarterly | $97,833,000 | 4,358 |
| Volatile liabilities | $11,233,000 | 4,613 |
| Insider loans | $1,676,000 | 2,389 |
| FHLB advances | $0 | 780 |
| Loans and leases held for sale | $1,376,000 | 712 |
| Unused loan commitments | $13,685,000 | 2,774 |
| Tier 1 (core) risk-based capital | $6,422,900 | 5,986 |
| Tier 2 risk-based capital | $943,680 | 3,096 |
| Total risk weighted assets | $75,402,280 | 3,582 |
| Total unused commitments | $13,685,000 | 2,779 |
| Derivatives | $0 | 533 |
| 1996-12-31 | Rank | |
| # of Employees: | 35 | 5,143 |
| Assets and Liabilities | ||
| Total Assets: | $81,178,000 | 5,252 |
| Cash and due from depository institutions | $2,111,000 | 5,143 |
| Interest-bearing balances | $129,000 | 4,362 |
| Securities | $18,071,000 | 5,701 |
| Federal funds sold & reverse repurchase agreements | $0 | 8,460 |
| Net loans & leases | $58,705,000 | 4,447 |
| Loan loss allowance | $838,000 | 4,074 |
| Trading account assets | $0 | 240 |
| Bank premises and fixed assets | $755,000 | 6,898 |
| Other real estate owned | $0 | 5,143 |
| Goodwill and other intangibles | $138,000 | 2,336 |
| All other assets | $1,398,000 | 4,867 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $81,178,000 | 5,252 |
| Total liabilities | $75,370,000 | 5,106 |
| Total deposits | $67,995,000 | 5,308 |
| Interest-bearing deposits | $59,749,000 | 5,211 |
| Deposits held in domestic offices | $67,995,000 | 5,298 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,907 |
| Trading liabilities | $0 | 97 |
| Other borrowed funds | $5,300,000 | 1,781 |
| Subordinated debt | $1,125,000 | 242 |
| All other liabilities | $950,000 | 3,679 |
| Total equity capital | $5,808,000 | 6,582 |
| Total bank equity capital | $5,808,000 | 6,582 |
| Perpetual preferred stock | $0 | 250 |
| Common stock | $2,000,000 | 1,906 |
| Surplus | $2,000,000 | 5,450 |
| Undivided profits | $1,808,000 | 7,527 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $357,000 | 5,163 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,832 |
| Income earned, not collected on loans | $364,000 | 6,065 |
| Earning assets | $76,905,000 | 5,114 |
| Long-term assets (5+ years) | $19,039,000 | 2,765 |
| Average Assets, year-to-date | $77,966,800 | 5,260 |
| Average Assets, quarterly | $80,169,500 | 5,265 |
| Volatile liabilities | $11,291,000 | 4,496 |
| Insider loans | $1,751,000 | 2,386 |
| FHLB advances | $0 | 882 |
| Loans and leases held for sale | $3,528,000 | 393 |
| Unused loan commitments | $11,220,000 | 3,139 |
| Tier 1 (core) risk-based capital | $5,858,000 | 6,468 |
| Tier 2 risk-based capital | $1,848,060 | 1,699 |
| Total risk weighted assets | $57,729,860 | 4,541 |
| Total unused commitments | $11,220,000 | 3,153 |
| Derivatives | $0 | 549 |
| 1995-12-31 | Rank | |
| # of Employees: | 29 | 6,154 |
| Assets and Liabilities | ||
| Total Assets: | $74,489,000 | 5,676 |
| Cash and due from depository institutions | $3,432,000 | 6,154 |
| Interest-bearing balances | $496,000 | 3,326 |
| Securities | $18,888,000 | 5,784 |
| Federal funds sold & reverse repurchase agreements | $0 | 9,298 |
| Net loans & leases | $50,345,000 | 4,951 |
| Loan loss allowance | $739,000 | 4,530 |
| Trading account assets | $0 | 261 |
| Bank premises and fixed assets | $610,000 | 7,711 |
| Other real estate owned | $0 | 6,154 |
| Goodwill and other intangibles | $23,000 | 2,840 |
| All other assets | $1,191,000 | 5,595 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $74,489,000 | 5,676 |
| Total liabilities | $67,931,000 | 5,616 |
| Total deposits | $61,617,000 | 5,810 |
| Interest-bearing deposits | $52,622,000 | 5,862 |
| Deposits held in domestic offices | $61,617,000 | 5,800 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,736 |
| Trading liabilities | $0 | 110 |
| Other borrowed funds | $5,650,000 | 1,553 |
| Subordinated debt | $0 | 337 |
| All other liabilities | $664,000 | 5,072 |
| Total equity capital | $6,558,000 | 6,142 |
| Total bank equity capital | $6,558,000 | 6,142 |
| Perpetual preferred stock | $0 | 288 |
| Common stock | $2,000,000 | 1,954 |
| Surplus | $2,000,000 | 5,494 |
| Undivided profits | $2,558,000 | 6,724 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $203,000 | 6,673 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,782 |
| Income earned, not collected on loans | $310,000 | 6,970 |
| Earning assets | $69,729,000 | 5,588 |
| Long-term assets (5+ years) | $13,927,000 | 3,244 |
| Average Assets, year-to-date | $68,199,600 | 5,856 |
| Average Assets, quarterly | $71,404,000 | 5,804 |
| Volatile liabilities | $14,412,000 | 3,458 |
| Insider loans | $2,092,000 | 2,046 |
| FHLB advances | $0 | 855 |
| Loans and leases held for sale | $1,768,000 | 640 |
| Unused loan commitments | $11,519,000 | 2,961 |
| Tier 1 (core) risk-based capital | $6,541,000 | 6,022 |
| Tier 2 risk-based capital | $631,600 | 4,382 |
| Total risk weighted assets | $50,420,800 | 5,004 |
| Total unused commitments | $11,519,000 | 2,972 |
| Derivatives | $0 | 628 |
| 1994-12-31 | Rank | |
| # of Employees: | 30 | 6,160 |
| Assets and Liabilities | ||
| Total Assets: | $62,705,000 | 6,451 |
| Cash and due from depository institutions | $2,650,000 | 6,160 |
| Interest-bearing balances | $416,000 | 3,528 |
| Securities | $17,308,000 | 6,504 |
| Federal funds sold & reverse repurchase agreements | $0 | 8,397 |
| Net loans & leases | $40,961,000 | 5,683 |
| Loan loss allowance | $619,000 | 5,279 |
| Trading account assets | $0 | 286 |
| Bank premises and fixed assets | $602,000 | 7,921 |
| Other real estate owned | $0 | 6,160 |
| Goodwill and other intangibles | $57,000 | 2,499 |
| All other assets | $1,127,000 | 6,180 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $62,705,000 | 6,451 |
| Total liabilities | $57,312,000 | 6,388 |
| Total deposits | $51,917,000 | 6,624 |
| Interest-bearing deposits | $43,680,000 | 6,694 |
| Deposits held in domestic offices | $51,917,000 | 6,618 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 4,788 |
| Trading liabilities | $0 | 87 |
| Other borrowed funds | $4,900,000 | 1,785 |
| Subordinated debt | $0 | 372 |
| All other liabilities | $495,000 | 5,253 |
| Total equity capital | $5,393,000 | 6,771 |
| Total bank equity capital | $5,393,000 | 6,771 |
| Perpetual preferred stock | $0 | 310 |
| Common stock | $2,000,000 | 2,014 |
| Surplus | $2,000,000 | 5,488 |
| Undivided profits | $1,393,000 | 8,218 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $170,000 | 7,190 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,752 |
| Income earned, not collected on loans | $230,000 | 7,852 |
| Earning assets | $58,685,000 | 6,310 |
| Long-term assets (5+ years) | $15,366,000 | 3,109 |
| Average Assets, year-to-date | $64,158,800 | 6,219 |
| Average Assets, quarterly | $64,283,000 | 6,277 |
| Volatile liabilities | $12,092,000 | 3,789 |
| Insider loans | $1,572,000 | 2,586 |
| FHLB advances | $0 | 993 |
| Loans and leases held for sale | $1,462,000 | 535 |
| Unused loan commitments | $7,069,000 | 3,964 |
| Tier 1 (core) risk-based capital | $5,765,000 | 6,548 |
| Tier 2 risk-based capital | $537,260 | 4,984 |
| Total risk weighted assets | $42,899,360 | 5,607 |
| Total unused commitments | $7,069,000 | 3,971 |
| Derivatives | $0 | 687 |
| 1993-12-31 | Rank | |
| # of Employees: | 34 | 5,844 |
| Assets and Liabilities | ||
| Total Assets: | $64,658,000 | 6,456 |
| Cash and due from depository institutions | $953,000 | 5,844 |
| Interest-bearing balances | $215,000 | 5,415 |
| Securities | $16,486,000 | 6,975 |
| Federal funds sold & reverse repurchase agreements | $0 | 10,345 |
| Net loans & leases | $45,738,000 | 5,185 |
| Loan loss allowance | $484,000 | 6,522 |
| Trading account assets | $0 | 330 |
| Bank premises and fixed assets | $649,000 | 7,813 |
| Other real estate owned | $0 | 5,844 |
| Goodwill and other intangibles | $96,000 | 2,209 |
| All other assets | $736,000 | 7,546 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $64,658,000 | 6,456 |
| Total liabilities | $59,366,000 | 6,389 |
| Total deposits | $46,255,000 | 7,455 |
| Interest-bearing deposits | $39,208,000 | 7,497 |
| Deposits held in domestic offices | $46,255,000 | 7,448 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,944 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $12,692,000 | 957 |
| Subordinated debt | $0 | 413 |
| All other liabilities | $419,000 | 6,069 |
| Total equity capital | $5,292,000 | 6,973 |
| Total bank equity capital | $5,292,000 | 6,973 |
| Perpetual preferred stock | $0 | 343 |
| Common stock | $2,000,000 | 2,040 |
| Surplus | $2,000,000 | 5,469 |
| Undivided profits | $1,292,000 | 8,852 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $542,000 | 4,699 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,950 |
| Income earned, not collected on loans | $301,000 | 6,063 |
| Earning assets | $62,439,000 | 6,208 |
| Long-term assets (5+ years) | $18,653,000 | 2,805 |
| Average Assets, year-to-date | $61,423,400 | 6,561 |
| Average Assets, quarterly | $62,692,000 | 6,542 |
| Volatile liabilities | $18,657,000 | 2,532 |
| Insider loans | $1,585,000 | 2,552 |
| FHLB advances | $0 | 821 |
| Loans and leases held for sale | $13,855,000 | 269 |
| Unused loan commitments | $6,544,000 | 4,133 |
| Tier 1 (core) risk-based capital | $5,196,000 | 6,971 |
| Tier 2 risk-based capital | $484,000 | 5,432 |
| Total risk weighted assets | $43,051,600 | 5,560 |
| Total unused commitments | $6,544,000 | 4,158 |
| Derivatives | $0 | 714 |
| 1992-12-31 | Rank | |
| # of Employees: | 25 | 7,484 |
| Assets and Liabilities | ||
| Total Assets: | $58,609,000 | 7,052 |
| Cash and due from depository institutions | $1,698,000 | 7,484 |
| Interest-bearing balances | $234,000 | 5,930 |
| Securities | $13,657,000 | 7,773 |
| Federal funds sold & reverse repurchase agreements | $0 | 11,296 |
| Net loans & leases | $42,222,000 | 5,516 |
| Loan loss allowance | $293,000 | 8,927 |
| Trading account assets | $0 | 344 |
| Bank premises and fixed assets | $529,000 | 8,711 |
| Other real estate owned | $0 | 7,484 |
| Goodwill and other intangibles | $164,000 | 1,962 |
| All other assets | $339,000 | 11,301 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $58,609,000 | 7,052 |
| Total liabilities | $53,743,000 | 7,017 |
| Total deposits | $37,914,000 | 8,619 |
| Interest-bearing deposits | $33,876,000 | 8,442 |
| Deposits held in domestic offices | $37,914,000 | 8,613 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,764 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $15,514,000 | 780 |
| Subordinated debt | $0 | 482 |
| All other liabilities | $315,000 | 7,992 |
| Total equity capital | $4,866,000 | 7,231 |
| Total bank equity capital | $4,866,000 | 7,231 |
| Perpetual preferred stock | $0 | 346 |
| Common stock | $2,000,000 | 2,114 |
| Surplus | $2,000,000 | 5,384 |
| Undivided profits | $866,000 | 9,936 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $0 | 13,091 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1 |
| Income earned, not collected on loans | $150,000 | 10,028 |
| Earning assets | $56,113,000 | 6,824 |
| Long-term assets (5+ years) | $3,292,000 | 7,740 |
| Average Assets, year-to-date | $39,643,200 | 8,875 |
| Average Assets, quarterly | $48,802,500 | 7,917 |
| Volatile liabilities | $20,701,000 | 2,293 |
| Insider loans | $180,000 | 4,213 |
| FHLB advances | $0 | 832 |
| Loans and leases held for sale | $16,741,000 | 168 |
| Unused loan commitments | $4,620,000 | 4,835 |
| Tier 1 (core) risk-based capital | $4,702,000 | 7,314 |
| Tier 2 risk-based capital | $293,000 | 7,716 |
| Total risk weighted assets | $39,672,100 | 5,969 |
| Total unused commitments | $4,620,000 | 4,863 |
| Derivatives | $0 | 651 |