Call reports 2023
TOWN CENTER BANK — 2023
What TOWN CENTER BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 121,708,000 | 129,985,000 | 137,555,000 | 147,597,000 |
| Total loans | 91,675,000 | 103,186,000 | 109,715,000 | 108,956,000 |
| Allowance for loan losses | 1,148,000 | 1,200,000 | 1,278,000 | 1,303,000 |
| Securities available for sale | 17,799,000 | 17,265,000 | 13,421,000 | 13,431,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,683,000 | 95,332,000 | 100,306,000 | 109,720,000 |
| Interest-bearing deposits | 66,362,000 | 58,938,000 | 62,395,000 | 69,698,000 |
| Noninterest-bearing deposits | 38,321,000 | 36,394,000 | 37,911,000 | 40,022,000 |
| Equity capital | 16,160,000 | 16,244,000 | 16,389,000 | 16,943,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,467,000 | 3,230,000 | 5,113,000 | 7,150,000 |
| Interest expense | 192,000 | 480,000 | 842,000 | 1,350,000 |
| Net interest income | 1,275,000 | 2,750,000 | 4,271,000 | 5,800,000 |
| Noninterest income | 48,000 | 110,000 | 163,000 | 225,000 |
| Noninterest expense | 949,000 | 2,016,000 | 3,102,000 | 4,187,000 |
| Provision for loan losses | 6,000 | 155,000 | 282,000 | 320,000 |
| Pretax income | 368,000 | 689,000 | 1,050,000 | 1,518,000 |
| Income tax | 97,000 | 174,000 | 309,000 | 455,000 |
| Net income | 271,000 | 515,000 | 741,000 | 1,063,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,982,000 | 15,304,000 | 15,664,000 | 16,133,000 |
| Total capital | 16,130,000 | 16,503,000 | 16,942,000 | 17,436,000 |
| Risk-weighted assets | 105,650,000 | 118,896,000 | 124,229,000 | 123,960,000 |