Call reports 2017
TOWN CENTER BANK — 2017
What TOWN CENTER BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 89,489,000 | 101,570,000 | 100,859,000 | 98,448,000 |
| Total loans | 56,343,000 | 64,711,000 | 69,644,000 | 68,121,000 |
| Allowance for loan losses | 851,000 | 854,000 | 876,000 | 877,000 |
| Securities available for sale | 29,660,000 | 28,409,000 | 26,751,000 | 25,156,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,472,000 | 88,339,000 | 85,709,000 | 85,401,000 |
| Interest-bearing deposits | 63,994,000 | 73,617,000 | 67,223,000 | 66,835,000 |
| Noninterest-bearing deposits | 15,478,000 | 14,722,000 | 18,485,000 | 18,566,000 |
| Equity capital | 9,897,000 | 10,109,000 | 10,100,000 | 9,771,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 900,000 | 1,862,000 | 2,936,000 | 4,003,000 |
| Interest expense | 98,000 | 211,000 | 352,000 | 495,000 |
| Net interest income | 802,000 | 1,651,000 | 2,584,000 | 3,508,000 |
| Noninterest income | 72,000 | 158,000 | 245,000 | 321,000 |
| Noninterest expense | 843,000 | 1,660,000 | 2,609,000 | 3,653,000 |
| Provision for loan losses | 0 | 25,000 | 25,000 | 25,000 |
| Pretax income | 31,000 | 124,000 | 195,000 | 151,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 31,000 | 124,000 | 195,000 | 151,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,003,000 | 10,095,000 | 10,166,000 | 10,123,000 |
| Total capital | 10,854,000 | 10,949,000 | 11,042,000 | 11,000,000 |
| Risk-weighted assets | 68,447,000 | 76,604,000 | 81,098,000 | 79,962,000 |