Call reports 2003
TOWNEBANK — 2003
What TOWNEBANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 817,853,000 | 864,164,000 | 900,969,000 | 931,873,000 |
| Total loans | 570,334,000 | 628,278,000 | 654,166,000 | 682,436,000 |
| Allowance for loan losses | 7,138,000 | 7,813,000 | 8,344,000 | 8,976,000 |
| Securities available for sale | 114,340,000 | 120,792,000 | 75,307,000 | 168,876,000 |
| Securities held to maturity | 5,508,000 | 5,509,000 | 6,510,000 | 6,510,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 678,155,000 | 717,972,000 | 747,383,000 | 763,447,000 |
| Interest-bearing deposits | 496,415,000 | 500,988,000 | 522,492,000 | 552,004,000 |
| Noninterest-bearing deposits | 181,740,000 | 216,984,000 | 224,891,000 | 211,443,000 |
| Equity capital | 72,907,000 | 76,336,000 | 78,454,000 | 80,641,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 9,707,000 | 19,842,000 | 30,335,000 | 41,428,000 |
| Interest expense | 4,003,000 | 8,069,000 | 11,839,000 | 15,432,000 |
| Net interest income | 5,704,000 | 11,773,000 | 18,496,000 | 25,996,000 |
| Noninterest income | 5,738,000 | 12,560,000 | 18,975,000 | 24,560,000 |
| Noninterest expense | 8,957,000 | 18,382,000 | 28,417,000 | 38,067,000 |
| Provision for loan losses | 296,000 | 1,043,000 | 1,643,000 | 2,762,000 |
| Pretax income | 2,189,000 | 4,908,000 | 7,972,000 | 10,288,000 |
| Income tax | 744,000 | 1,685,000 | 2,735,000 | 3,668,000 |
| Net income | 1,445,000 | 3,223,000 | 5,237,000 | 6,620,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 70,467,000 | 73,176,000 | 76,444,000 | 79,035,000 |
| Total capital | 100,103,000 | 103,487,000 | 107,286,000 | 110,509,000 |
| Risk-weighted assets | 609,745,000 | 674,037,000 | 723,871,000 | 784,325,000 |