13. Regulatory Matters (Tables)

9 Months Ended

Sep. 30, 2013

RegulatoryMattersAbstract

Summary Of Actual Capital Amounts And Ratios

Our actual capital amounts and ratios as well as our subsidiary, Summit Community Bank’s (“Summit Community”) are presented in the following table.

											To be Well Capitalized
						Minimum Required					under Prompt Corrective
	Actual					Regulatory Capital					Action Provisions
Dollars in thousands	Amount		Ratio			Amount		Ratio			Amount		Ratio
As of September 30, 2013
Total Capital (to risk weighted assets)
Summit	$	143,494		14.5	%	$	79,423		8.0	%	$	99,279		10.0	%
Summit Community		154,155		15.5	%		79,497		8.0	%		99,371		10.0	%
Tier I Capital (to risk weighted assets)
Summit		120,221		12.1	%		39,712		4.0	%		59,567		6.0	%
Summit Community		141,682		14.3	%		39,748		4.0	%		59,623		6.0	%
Tier I Capital (to average assets)
Summit		120,221		8.9	%		54,291		4.0	%		67,863		5.0	%
Summit Community		141,682		10.4	%		54,336		4.0	%		67,920		5.0	%
As of December 31, 2012
Total Capital (to risk weighted assets)
Summit		138,593		14.0	%		79,391		8.0	%		99,238		10.0	%
Summit Community		148,803		15.0	%		79,484		8.0	%		99,354		10.0	%
Tier I Capital (to risk weighted assets)
Summit		115,221		11.6	%		39,695		4.0	%		59,543		6.0	%
Summit Community		136,231		13.7	%		39,742		4.0	%		59,613		6.0	%
Tier I Capital (to average assets)
Summit		115,221		8.3	%		55,591		4.0	%		69,489		5.0	%
Summit Community		136,231		9.8	%		55,581		4.0	%		69,476		5.0	%