Home > Summit Bank > Performance and Condition Ratios
Summit Bank, Performance and Condition Ratios
| 2011-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.7053% | 870 |
| Cost of funding earning assets | 1.3485% | 1,893 |
| Net interest margin | 4.3568% | 1,406 |
| Noninterest income to average assets | -1.0342% | 7,537 |
| Noninterest expense to average assets | 3.4927% | 2,021 |
| Loan and lease loss provision to assets | 9.0897% | 19 |
| Net operating income to assets | -9.6677% | 7,551 |
| Return on assets (ROA) | -9.6677% | 7,551 |
| Pretax return on assets | -9.6677% | 7,547 |
| Return on Equity (ROE) | -313.1214% | 7,552 |
| Retained earnings to average equity (ytd only) | -313.1214% | 7,552 |
| Net charge-offs to loans | 12.7899% | 21 |
| Credit loss provision to net charge-offs | 91.8926% | 2,907 |
| Earnings coverage of net charge-offs (x) | -0.0584% | 4,621 |
| Efficiency ratio | 118.2163% | 366 |
| Assets per employee ($millions) | 4.1979% | 3,463 |
| Cash dividends to net income (ytd only)* | 0.0000% | 2,514 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 2.9931% | 922 |
| Loan loss allowance to noncurrent loans | 35.3866% | 5,932 |
| Noncurrent assets plus other real estate owned to assets | 8.9379% | 485 |
| Noncurrent loans to loans | 8.4582% | 559 |
| Net loans and leases to total assets | 74.0957% | 1,328 |
| Net loans and leases to deposits | 80.3428% | 2,649 |
| Net loans and leases to core deposits | 95.9151% | 1,680 |
| Total domestic deposits to total assets | 92.2244% | 237 |
| Equity capital to assets | 1.9029% | 7,538 |
| Core capital (leverage) ratio | 1.6790% | 7,543 |
| Tier 1 risk-based capital ratio | 2.0760% | 7,546 |
| Total risk-based capital ratio | 3.3419% | 7,548 |
| Memoranda: | ||
| Average total assets | $144,646,500 | 3,980 |
| Average earning assets | $131,105,500 | 4,000 |
| Average equity | $4,466,000 | 6,719 |
| Average total loans | $111,869,500 | 3,446 |
| 2010-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.2393% | 525 |
| Cost of funding earning assets | 1.6014% | 2,065 |
| Net interest margin | 4.6379% | 931 |
| Noninterest income to average assets | -0.8744% | 7,615 |
| Noninterest expense to average assets | 3.6906% | 1,721 |
| Loan and lease loss provision to assets | 5.4308% | 58 |
| Net operating income to assets | -5.6815% | 7,576 |
| Return on assets (ROA) | -5.6815% | 7,578 |
| Pretax return on assets | -5.7934% | 7,576 |
| Return on Equity (ROE) | -78.8036% | 7,548 |
| Retained earnings to average equity (ytd only) | -78.8036% | 7,546 |
| Net charge-offs to loans | 5.0542% | 172 |
| Credit loss provision to net charge-offs | 135.4776% | 2,866 |
| Earnings coverage of net charge-offs (x) | -0.0904% | 6,213 |
| Efficiency ratio | 96.8535% | 932 |
| Assets per employee ($millions) | 4.0712% | 3,637 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,950 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 3.0971% | 804 |
| Loan loss allowance to noncurrent loans | 36.6138% | 5,869 |
| Noncurrent assets plus other real estate owned to assets | 9.5044% | 452 |
| Noncurrent loans to loans | 8.4589% | 585 |
| Net loans and leases to total assets | 75.8488% | 1,305 |
| Net loans and leases to deposits | 84.2340% | 2,417 |
| Net loans and leases to core deposits | 109.9129% | 923 |
| Total domestic deposits to total assets | 90.0453% | 1,074 |
| Equity capital to assets | 4.2412% | 7,496 |
| Core capital (leverage) ratio | 3.9351% | 7,505 |
| Tier 1 risk-based capital ratio | 4.7208% | 7,536 |
| Total risk-based capital ratio | 5.9874% | 7,541 |
| Memoranda: | ||
| Average total assets | $152,795,200 | 3,829 |
| Average earning assets | $138,445,200 | 3,846 |
| Average equity | $11,016,000 | 4,859 |
| Average total loans | $121,187,400 | 3,296 |
| 2010-09-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.5169% | 328 |
| Cost of funding earning assets | 1.6423% | 2,146 |
| Net interest margin | 4.8746% | 581 |
| Noninterest income to average assets | -1.0642% | 7,732 |
| Noninterest expense to average assets | 3.1589% | 3,071 |
| Loan and lease loss provision to assets | 6.0017% | 49 |
| Net operating income to assets | -5.6631% | 7,682 |
| Return on assets (ROA) | -5.6631% | 7,687 |
| Pretax return on assets | -5.8099% | 7,684 |
| Return on Equity (ROE) | -71.5546% | 7,640 |
| Retained earnings to average equity (ytd only) | -71.5546% | 7,639 |
| Net charge-offs to loans | 3.1182% | 478 |
| Credit loss provision to net charge-offs | 241.9220% | 1,400 |
| Earnings coverage of net charge-offs (x) | 0.0773% | 5,955 |
| Efficiency ratio | 92.8332% | 1,070 |
| Assets per employee ($millions) | 4.3332% | 3,197 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,526 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 4.4784% | 253 |
| Loan loss allowance to noncurrent loans | 145.0678% | 1,951 |
| Noncurrent assets plus other real estate owned to assets | 4.5463% | 1,491 |
| Noncurrent loans to loans | 3.0871% | 2,584 |
| Net loans and leases to total assets | 74.5993% | 1,663 |
| Net loans and leases to deposits | 83.6505% | 2,763 |
| Net loans and leases to core deposits | 111.8284% | 942 |
| Total domestic deposits to total assets | 89.1799% | 1,297 |
| Equity capital to assets | 5.3662% | 7,544 |
| Core capital (leverage) ratio | 4.6400% | 7,583 |
| Tier 1 risk-based capital ratio | 5.8561% | 7,608 |
| Total risk-based capital ratio | 7.1346% | 7,611 |
| Memoranda: | ||
| Average total assets | $154,353,000 | 3,853 |
| Average earning assets | $139,797,250 | 3,876 |
| Average equity | $12,216,000 | 4,619 |
| Average total loans | $122,804,250 | 3,315 |
| 2010-06-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.5466% | 318 |
| Cost of funding earning assets | 1.6737% | 2,271 |
| Net interest margin | 4.8729% | 570 |
| Noninterest income to average assets | -0.3563% | 7,727 |
| Noninterest expense to average assets | 3.0155% | 3,653 |
| Loan and lease loss provision to assets | 4.3184% | 159 |
| Net operating income to assets | -3.3549% | 7,559 |
| Return on assets (ROA) | -3.3549% | 7,563 |
| Pretax return on assets | -3.2873% | 7,513 |
| Return on Equity (ROE) | -38.2288% | 7,518 |
| Retained earnings to average equity (ytd only) | -38.2288% | 7,509 |
| Net charge-offs to loans | 3.2454% | 473 |
| Credit loss provision to net charge-offs | 166.2162% | 2,369 |
| Earnings coverage of net charge-offs (x) | 0.3969% | 5,339 |
| Efficiency ratio | 74.5180% | 3,366 |
| Assets per employee ($millions) | 4.2394% | 3,319 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,319 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 2.1982% | 1,757 |
| Loan loss allowance to noncurrent loans | 111.6942% | 2,496 |
| Noncurrent assets plus other real estate owned to assets | 3.9125% | 1,770 |
| Noncurrent loans to loans | 1.9680% | 3,767 |
| Net loans and leases to total assets | 76.6710% | 1,351 |
| Net loans and leases to deposits | 88.3053% | 2,123 |
| Net loans and leases to core deposits | 133.1477% | 377 |
| Total domestic deposits to total assets | 86.8249% | 2,636 |
| Equity capital to assets | 7.8154% | 6,912 |
| Core capital (leverage) ratio | 7.3553% | 6,951 |
| Tier 1 risk-based capital ratio | 8.7001% | 7,462 |
| Total risk-based capital ratio | 9.9545% | 7,475 |
| Memoranda: | ||
| Average total assets | $153,805,330 | 3,887 |
| Average earning assets | $138,973,330 | 3,923 |
| Average equity | $13,497,670 | 4,324 |
| Average total loans | $123,129,670 | 3,342 |
| 2010-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.6577% | 282 |
| Cost of funding earning assets | 1.7344% | 2,211 |
| Net interest margin | 4.9233% | 494 |
| Noninterest income to average assets | 0.0158% | 7,606 |
| Noninterest expense to average assets | 2.8369% | 4,337 |
| Loan and lease loss provision to assets | 1.3002% | 931 |
| Net operating income to assets | 0.2259% | 5,593 |
| Return on assets (ROA) | 0.2259% | 5,714 |
| Pretax return on assets | 0.3152% | 5,559 |
| Return on Equity (ROE) | 2.4368% | 5,578 |
| Retained earnings to average equity (ytd only) | 2.4368% | 4,677 |
| Net charge-offs to loans | 0.8765% | 1,802 |
| Credit loss provision to net charge-offs | 183.3333% | 1,995 |
| Earnings coverage of net charge-offs (x) | 2.2778% | 3,400 |
| Efficiency ratio | 63.7168% | 5,543 |
| Assets per employee ($millions) | 4.2717% | 3,339 |
| Cash dividends to net income (ytd only)* | 0.0000% | 2,528 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.3039% | 4,915 |
| Loan loss allowance to noncurrent loans | 101.8401% | 2,728 |
| Noncurrent assets plus other real estate owned to assets | 3.7573% | 1,852 |
| Noncurrent loans to loans | 1.2804% | 4,837 |
| Net loans and leases to total assets | 78.9979% | 982 |
| Net loans and leases to deposits | 93.1761% | 1,454 |
| Net loans and leases to core deposits | 97.3554% | 2,415 |
| Total domestic deposits to total assets | 84.7835% | 3,766 |
| Equity capital to assets | 9.7067% | 4,220 |
| Core capital (leverage) ratio | 9.3656% | 3,953 |
| Tier 1 risk-based capital ratio | 10.5907% | 6,549 |
| Total risk-based capital ratio | 11.7942% | 6,583 |
| Memoranda: | ||
| Average total assets | $152,280,000 | 3,978 |
| Average earning assets | $137,224,500 | 4,010 |
| Average equity | $14,117,000 | 4,219 |
| Average total loans | $123,211,500 | 3,401 |
| 2009-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.9534% | 299 |
| Cost of funding earning assets | 2.4303% | 1,210 |
| Net interest margin | 4.5232% | 1,125 |
| Noninterest income to average assets | -0.0829% | 7,792 |
| Noninterest expense to average assets | 3.2813% | 3,075 |
| Loan and lease loss provision to assets | 1.2107% | 1,900 |
| Net operating income to assets | -0.2247% | 5,866 |
| Return on assets (ROA) | -0.2243% | 5,867 |
| Pretax return on assets | -0.4757% | 5,991 |
| Return on Equity (ROE) | -2.3776% | 5,908 |
| Retained earnings to average equity (ytd only) | -2.3776% | 5,592 |
| Net charge-offs to loans | 1.2923% | 1,922 |
| Credit loss provision to net charge-offs | 110.3516% | 4,986 |
| Earnings coverage of net charge-offs (x) | 0.6693% | 5,421 |
| Efficiency ratio | 81.7147% | 2,644 |
| Assets per employee ($millions) | 4.1883% | 3,462 |
| Cash dividends to net income (ytd only)* | 0.0000% | 4,015 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.1189% | 5,817 |
| Loan loss allowance to noncurrent loans | 98.9247% | 2,839 |
| Noncurrent assets plus other real estate owned to assets | 3.7611% | 1,770 |
| Noncurrent loans to loans | 1.1311% | 5,072 |
| Net loans and leases to total assets | 80.8827% | 852 |
| Net loans and leases to deposits | 94.5483% | 1,524 |
| Net loans and leases to core deposits | 116.1056% | 2,305 |
| Total domestic deposits to total assets | 85.5465% | 3,265 |
| Equity capital to assets | 8.8254% | 5,388 |
| Core capital (leverage) ratio | 8.4484% | 5,361 |
| Tier 1 risk-based capital ratio | 9.5144% | 7,217 |
| Total risk-based capital ratio | 10.5743% | 7,304 |
| Memoranda: | ||
| Average total assets | $140,003,600 | 4,126 |
| Average earning assets | $126,858,200 | 4,157 |
| Average equity | $13,206,800 | 4,455 |
| Average total loans | $118,855,200 | 3,504 |
| 2009-09-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.9774% | 309 |
| Cost of funding earning assets | 2.5754% | 1,090 |
| Net interest margin | 4.4021% | 1,437 |
| Noninterest income to average assets | 0.2428% | 6,497 |
| Noninterest expense to average assets | 3.2345% | 3,177 |
| Loan and lease loss provision to assets | 1.2623% | 1,525 |
| Net operating income to assets | -0.2573% | 6,150 |
| Return on assets (ROA) | -0.2573% | 6,158 |
| Pretax return on assets | -0.2573% | 6,050 |
| Return on Equity (ROE) | -2.6804% | 6,192 |
| Retained earnings to average equity (ytd only) | -2.6804% | 5,865 |
| Net charge-offs to loans | 1.3272% | 1,543 |
| Credit loss provision to net charge-offs | 110.9215% | 4,587 |
| Earnings coverage of net charge-offs (x) | 0.8831% | 5,180 |
| Efficiency ratio | 76.2941% | 3,452 |
| Assets per employee ($millions) | 3.8590% | 4,055 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,688 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.1155% | 5,625 |
| Loan loss allowance to noncurrent loans | 131.2257% | 2,167 |
| Noncurrent assets plus other real estate owned to assets | 4.0131% | 1,592 |
| Noncurrent loans to loans | 0.8501% | 5,598 |
| Net loans and leases to total assets | 83.7488% | 570 |
| Net loans and leases to deposits | 96.9436% | 1,451 |
| Net loans and leases to core deposits | 119.8282% | 2,260 |
| Total domestic deposits to total assets | 86.3891% | 2,481 |
| Equity capital to assets | 9.3562% | 4,945 |
| Core capital (leverage) ratio | 8.8016% | 4,970 |
| Tier 1 risk-based capital ratio | 10.1555% | 6,825 |
| Total risk-based capital ratio | 11.2586% | 6,924 |
| Memoranda: | ||
| Average total assets | $137,309,500 | 4,204 |
| Average earning assets | $124,666,000 | 4,229 |
| Average equity | $13,181,750 | 4,490 |
| Average total loans | $117,735,250 | 3,562 |
| 2009-06-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.9251% | 361 |
| Cost of funding earning assets | 2.6435% | 1,175 |
| Net interest margin | 4.2817% | 1,697 |
| Noninterest income to average assets | 0.2421% | 6,552 |
| Noninterest expense to average assets | 3.2874% | 3,011 |
| Loan and lease loss provision to assets | 0.5757% | 2,711 |
| Net operating income to assets | 0.2465% | 5,101 |
| Return on assets (ROA) | 0.2465% | 5,197 |
| Pretax return on assets | 0.2834% | 5,240 |
| Return on Equity (ROE) | 2.5452% | 5,084 |
| Retained earnings to average equity (ytd only) | 2.5452% | 3,914 |
| Net charge-offs to loans | 0.5228% | 2,755 |
| Credit loss provision to net charge-offs | 127.8689% | 3,636 |
| Earnings coverage of net charge-offs (x) | 1.9082% | 4,150 |
| Efficiency ratio | 79.2809% | 3,151 |
| Assets per employee ($millions) | 3.5280% | 4,743 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,532 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.0729% | 5,764 |
| Loan loss allowance to noncurrent loans | 78.8647% | 3,550 |
| Noncurrent assets plus other real estate owned to assets | 1.9140% | 3,323 |
| Noncurrent loans to loans | 1.3605% | 4,495 |
| Net loans and leases to total assets | 85.3275% | 462 |
| Net loans and leases to deposits | 100.1655% | 1,274 |
| Net loans and leases to core deposits | 126.7566% | 1,801 |
| Total domestic deposits to total assets | 85.1865% | 3,172 |
| Equity capital to assets | 9.7718% | 4,256 |
| Core capital (leverage) ratio | 9.1792% | 4,334 |
| Tier 1 risk-based capital ratio | 10.6692% | 6,215 |
| Total risk-based capital ratio | 11.7552% | 6,322 |
| Memoranda: | ||
| Average total assets | $135,485,000 | 4,272 |
| Average earning assets | $123,550,000 | 4,281 |
| Average equity | $13,122,670 | 4,516 |
| Average total loans | $116,671,000 | 3,610 |
| 2009-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 7.0631% | 304 |
| Cost of funding earning assets | 2.7575% | 1,090 |
| Net interest margin | 4.3056% | 1,588 |
| Noninterest income to average assets | 0.2714% | 6,268 |
| Noninterest expense to average assets | 3.1809% | 3,071 |
| Loan and lease loss provision to assets | 0.5427% | 2,301 |
| Net operating income to assets | 0.3799% | 4,948 |
| Return on assets (ROA) | 0.3799% | 5,131 |
| Pretax return on assets | 0.4553% | 5,228 |
| Return on Equity (ROE) | 3.9409% | 4,957 |
| Retained earnings to average equity (ytd only) | 3.9409% | 3,703 |
| Net charge-offs to loans | 0.4065% | 2,478 |
| Credit loss provision to net charge-offs | 155.1724% | 2,700 |
| Earnings coverage of net charge-offs (x) | 2.8534% | 3,356 |
| Efficiency ratio | 76.1183% | 3,468 |
| Assets per employee ($millions) | 3.9255% | 3,820 |
| Cash dividends to net income (ytd only)* | 0.0000% | 2,832 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.1076% | 5,412 |
| Loan loss allowance to noncurrent loans | 110.2058% | 2,803 |
| Noncurrent assets plus other real estate owned to assets | 1.6544% | 3,434 |
| Noncurrent loans to loans | 1.0050% | 4,987 |
| Net loans and leases to total assets | 83.5073% | 768 |
| Net loans and leases to deposits | 97.0521% | 1,796 |
| Net loans and leases to core deposits | 129.4104% | 1,698 |
| Total domestic deposits to total assets | 86.0438% | 2,693 |
| Equity capital to assets | 9.6809% | 4,409 |
| Core capital (leverage) ratio | 9.3037% | 4,242 |
| Tier 1 risk-based capital ratio | 10.5314% | 6,364 |
| Total risk-based capital ratio | 11.6298% | 6,429 |
| Memoranda: | ||
| Average total assets | $132,667,000 | 4,359 |
| Average earning assets | $120,400,500 | 4,375 |
| Average equity | $12,789,000 | 4,630 |
| Average total loans | $114,146,000 | 3,695 |
| 2008-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 8.0005% | 192 |
| Cost of funding earning assets | 3.4125% | 690 |
| Net interest margin | 4.5880% | 1,214 |
| Noninterest income to average assets | 0.3197% | 6,171 |
| Noninterest expense to average assets | 3.4415% | 2,550 |
| Loan and lease loss provision to assets | 0.3301% | 3,749 |
| Net operating income to assets | 0.4812% | 4,821 |
| Return on assets (ROA) | 0.4812% | 4,644 |
| Pretax return on assets | 0.7314% | 4,297 |
| Return on Equity (ROE) | 4.6317% | 4,544 |
| Retained earnings to average equity (ytd only) | 4.6317% | 2,244 |
| Net charge-offs to loans | 0.1186% | 5,077 |
| Credit loss provision to net charge-offs | 316.6667% | 1,423 |
| Earnings coverage of net charge-offs (x) | 10.1833% | 2,563 |
| Efficiency ratio | 76.4275% | 3,162 |
| Assets per employee ($millions) | 3.2805% | 5,261 |
| Cash dividends to net income (ytd only)* | 0.0000% | 4,825 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.0875% | 5,363 |
| Loan loss allowance to noncurrent loans | 124.9744% | 2,888 |
| Noncurrent assets plus other real estate owned to assets | 1.1896% | 3,873 |
| Noncurrent loans to loans | 0.8702% | 4,877 |
| Net loans and leases to total assets | 86.8001% | 497 |
| Net loans and leases to deposits | 102.8107% | 1,493 |
| Net loans and leases to core deposits | 154.7461% | 690 |
| Total domestic deposits to total assets | 84.4271% | 3,115 |
| Equity capital to assets | 9.5959% | 4,549 |
| Core capital (leverage) ratio | 9.0957% | 4,598 |
| Tier 1 risk-based capital ratio | 9.8307% | 6,917 |
| Total risk-based capital ratio | 10.8954% | 7,043 |
| Memoranda: | ||
| Average total assets | $115,124,200 | 4,637 |
| Average earning assets | $104,968,400 | 4,645 |
| Average equity | $11,961,000 | 4,837 |
| Average total loans | $101,215,200 | 3,914 |