Call reports 2024
TOWNE TRUST COMPANY, NATIONAL ASSOCIATION — 2024
What TOWNE TRUST COMPANY, NATIONAL ASSOCIATION reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 7,250,000 | 7,481,000 | 7,583,000 | 6,771,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 3,845,000 | 3,475,000 | 3,960,000 | 3,947,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| 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 | 6,215,000 | 6,428,000 | 6,263,000 | 6,354,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 42,000 | 91,000 | 146,000 | 198,000 |
| Interest expense | 0 | 0 | 0 | 0 |
| Net interest income | 42,000 | 91,000 | 146,000 | 198,000 |
| Noninterest income | 1,429,000 | 2,843,000 | 4,238,000 | 5,830,000 |
| Noninterest expense | 1,423,000 | 2,646,000 | 4,007,000 | 5,354,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 48,000 | 288,000 | 377,000 | 674,000 |
| Income tax | 11,000 | 63,000 | 83,000 | 154,000 |
| Net income | 37,000 | 225,000 | 294,000 | 520,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,416,000 | 6,605,000 | 6,374,000 | 6,475,000 |
| Total capital | 6,416,000 | 6,605,000 | 6,374,000 | 6,475,000 |
| Risk-weighted assets | 1,955,000 | 1,941,000 | 1,988,000 | 1,746,000 |