Call reports 2008
TOWNE TRUST COMPANY, NATIONAL ASSOCIATION — 2008
What TOWNE TRUST COMPANY, NATIONAL ASSOCIATION reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 5,688,000 | 5,756,000 | 5,863,000 | 5,786,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 2,000,000 | 1,663,000 | 1,501,000 | 908,000 |
| Securities held to maturity | 2,200,000 | 2,500,000 | 2,700,000 | 2,600,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 0 | 0 | 0 | 0 |
| Interest-bearing deposits | 0 | 0 | 0 | 0 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 5,565,000 | 5,680,000 | 5,770,000 | 5,781,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 40,000 | 74,000 | 109,000 | 140,000 |
| Interest expense | 0 | 0 | 0 | 0 |
| Net interest income | 40,000 | 74,000 | 109,000 | 140,000 |
| Noninterest income | 848,000 | 1,655,000 | 2,489,000 | 3,274,000 |
| Noninterest expense | 593,000 | 1,221,000 | 1,916,000 | 2,678,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 295,000 | 508,000 | 682,000 | 736,000 |
| Income tax | 100,000 | 173,000 | 232,000 | 250,000 |
| Net income | 195,000 | 335,000 | 450,000 | 486,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,363,000 | 4,479,000 | 4,569,000 | 4,580,000 |
| Total capital | 4,363,000 | 4,479,000 | 4,569,000 | 4,580,000 |
| Risk-weighted assets | 970,000 | 997,000 | 1,039,000 | 986,000 |