Call reports 2022
TOWN CENTER BANK — 2022
What TOWN CENTER BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 161,870,000 | 156,799,000 | 154,036,000 | 134,359,000 |
| Total loans | 98,816,000 | 86,361,000 | 86,186,000 | 86,094,000 |
| Allowance for loan losses | 1,160,000 | 1,154,000 | 1,156,000 | 1,177,000 |
| Securities available for sale | 21,347,000 | 20,144,000 | 28,334,000 | 27,830,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 139,512,000 | 140,679,000 | 137,776,000 | 117,698,000 |
| Interest-bearing deposits | 99,594,000 | 102,775,000 | 95,064,000 | 80,217,000 |
| Noninterest-bearing deposits | 39,918,000 | 37,904,000 | 42,712,000 | 37,481,000 |
| Equity capital | 16,143,000 | 14,933,000 | 15,163,000 | 15,675,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,297,000 | 2,608,000 | 4,200,000 | 5,699,000 |
| Interest expense | 70,000 | 131,000 | 188,000 | 302,000 |
| Net interest income | 1,227,000 | 2,477,000 | 4,012,000 | 5,397,000 |
| Noninterest income | 57,000 | 121,000 | 173,000 | 228,000 |
| Noninterest expense | 1,043,000 | 3,269,000 | 4,345,000 | 5,219,000 |
| Provision for loan losses | 15,000 | 25,000 | 25,000 | 25,000 |
| Pretax income | 226,000 | -696,000 | -185,000 | 381,000 |
| Income tax | 68,000 | 49,000 | 49,000 | 115,000 |
| Net income | 158,000 | -745,000 | -234,000 | 266,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,457,000 | 13,536,000 | 14,046,000 | 14,661,000 |
| Total capital | 15,617,000 | 14,690,000 | 15,202,000 | 15,838,000 |
| Risk-weighted assets | 105,775,000 | 95,668,000 | 102,773,000 | 104,377,000 |