Summit Bancshares, Inc. (SMAL)

Summit Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2014	FY 2013	FY 2012	FY 2002	FY 2001
Period Ending	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012	Dec 31, 2002	Dec 31, 2001
Interest Income on Loans	9.67	6.81	7.42	7.36	8.14
Interest Income on Investments	0.37	0.31	0.31	1.51	2.55
Total Interest Income	10.04	7.11	7.73	8.87	10.69
Interest Paid on Deposits	0.43	0.44	0.64	1.71	2.77
Total Interest Expense	0.43	0.44	0.64	1.71	2.77
Net Interest Income	9.6	6.67	7.09	7.16	7.92
Net Interest Income Growth (YoY)	43.98%	-5.94%	-0.98%	-9.53%	-7.62%
Other Non-Interest Income	0.54	0.48	0.27	0.2	0.15
Total Non-Interest Income	1.07	1.04	0.91	0.44	0.4
Non-Interest Income Growth (YoY)	2.66%	14.59%	104.58%	12.03%	1.59%
Revenues Before Loan Losses	10.67	7.71	8	7.61	8.31
Provision for Loan Losses	-	0.2	0.65	0.1	0.14
Revenue	10.67	7.51	7.35	7.51	8.18
Revenue Growth (YoY)	42.09%	2.19%	-2.11%	-8.15%	-6.78%
Salaries and Employee Benefits	3.32	2.88	3.02	3.03	3
Occupancy Expenses	0.53	0.48	0.42	0.32	0.36
Federal Deposit Insurance	0.14	0.19	0.26	0.02	0.02
Selling, General & Administrative	0.69	0.56	0.84	0.41	0.42
Other Non-Interest Expense	1.11	1.16	1.32	0.86	1
Total Non-Interest Expense	5.79	5.28	5.86	4.65	4.8
EBT Excluding Unusual Items	4.88	2.23	1.49	2.86	3.37
Pretax Income	4.88	2.23	1.49	2.86	3.37
Income Tax Expense	1.96	0.87	0.58	1.15	1.36
Net Income	2.92	1.36	0.91	1.71	2.02
Net Income to Common	2.92	1.36	0.91	1.71	2.02
Net Income Growth	114.09%	50.29%	-47.09%	-15.04%	-16.50%
Basic Shares Outstanding	1	1	1	2	2
Diluted Shares Outstanding	1	1	1	2	2
Shares Change (YoY)	-	-	-30.35%	0.06%	0.56%
EPS (Basic)	2.24	1.05	0.70	0.93	1.09
EPS (Diluted)	2.24	1.05	0.70	0.92	1.08
EPS Growth	113.88%	50.29%	-24.25%	-14.82%	-16.92%
Dividend Per Share	-	-	-	0.375	0.375
Effective Tax Rate	40.26%	39.04%	39.01%	40.11%	40.22%

Updated Nov 14, 2003. Source: S&P Global Market Intelligence. Banks template. Financial Sources.