Summit Financial 10K 2007 Annual report | SMMF Filing

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

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Removed: attached, Bancorp, behalf, Certification, Comptroller, Consent, David, duly, Exceeding, exhibit, Frye, heading, hereto, incentive, Incorporation, listing, mail, Miller, Patrick, Robertson, Ronald, thereto, thereunto, undersigned

Net Income Per Share	=	Net Income/Average Common Shares Outstanding

Cash Dividends Per Share	=	Dividends Paid/Actual Common Shares Outstanding

Book Value Per Share	=	Total Shareholders’ Equity/Actual Common Shares Outstanding

Return on Average Assets	=	Net Income/Average Assets

Return on Average Shareholders’ Equity	=	Net Income/Average Shareholders’ Equity

Net Interest Margin	=	Net Interest Income/Average Earning Assets

Noninterest Expense to Average Assets	=	Noninterest Expense/Average Assets

Dividend Payout	=	Dividends Declared/Net Income

Average Shareholders’ Equity to Average Assets	=	Average Shareholders’ Equity/Average Assets

Tier I Capital Ratio	=	Shareholders’ Equity – Net Unrealized Gains on Available for Sale Securities-Intangible Assets +Qualifying Capital Securities (Tier I Capital)/Risk Weighted Assets

Total Capital Ratio	=	(Tier I Capital +Qualifying Tier II Capital Securities +Allowance for Loan Losses +Qualifying Portion of Unrealized Gains on Available for Sale Marketable Equity Securities)/Risk Weighted Assets

Tier I Leverage Ratio	=	Tier I Capital/Average Assets

Net Charge-offs to Average Loans	=	(Gross Charge-offs – Recoveries)/ Average Net Loans

Non-performing Loans to Total Loans	=	(Nonaccrual Loans + Accruing Loans Past Due 90 Days or More )/ Loans Net of Unearned Income

Non-performing Assets to Period End Assets	=	(Nonaccrual Loans + Accruing Loans Past Due 90 Days or More + Other Real Estate Owned + Other Repossessed Assets + Nonaccrual Securities)/Total Assets

Allowance for Loan Losses to Period End Loans	=	Loan Loss Reserve/Loans Net of Unearned Income

Allowance for Loan Losses to Non-Performing Loans	=	Loan Loss Reserve/(Nonaccrual Loans + Accruing Loans Past Due 90 Days or More )

Summit Financial (SMMF) 10-K2007 FY Annual report

Content analysis