Call reports 2016
TOWN CENTER BANK — 2016
What TOWN CENTER BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 103,682,000 | 102,588,000 | 101,406,000 | 94,298,000 |
| Total loans | 62,823,000 | 56,347,000 | 56,059,000 | 56,813,000 |
| Allowance for loan losses | 1,359,000 | 1,362,000 | 814,000 | 817,000 |
| Securities available for sale | 31,832,000 | 30,321,000 | 31,711,000 | 31,103,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,728,000 | 90,478,000 | 90,773,000 | 84,406,000 |
| Interest-bearing deposits | 78,202,000 | 77,189,000 | 76,065,000 | 71,199,000 |
| Noninterest-bearing deposits | 13,525,000 | 13,289,000 | 14,708,000 | 13,208,000 |
| Equity capital | 9,799,000 | 9,919,000 | 10,451,000 | 9,741,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 991,000 | 1,930,000 | 2,810,000 | 3,702,000 |
| Interest expense | 145,000 | 290,000 | 424,000 | 538,000 |
| Net interest income | 846,000 | 1,640,000 | 2,386,000 | 3,164,000 |
| Noninterest income | 72,000 | 178,000 | 258,000 | 379,000 |
| Noninterest expense | 850,000 | 1,725,000 | 2,571,000 | 3,396,000 |
| Provision for loan losses | 0 | 0 | -550,000 | -550,000 |
| Pretax income | 68,000 | 93,000 | 623,000 | 697,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 68,000 | 93,000 | 623,000 | 697,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,342,000 | 9,369,000 | 9,896,000 | 9,970,000 |
| Total capital | 10,292,000 | 10,246,000 | 10,710,000 | 10,787,000 |
| Risk-weighted assets | 75,612,000 | 69,687,000 | 69,217,000 | 68,967,000 |