Call reports 2008
TOWNEBANK — 2008
What TOWNEBANK 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 | 2,648,314,000 | 2,716,056,000 | 3,015,581,000 | 3,133,589,000 |
| Total loans | 1,934,116,000 | 2,102,707,000 | 2,219,347,000 | 2,376,080,000 |
| Allowance for loan losses | 22,199,000 | 23,929,000 | 25,452,000 | 27,503,000 |
| Securities available for sale | 250,337,000 | 222,755,000 | 191,183,000 | 326,813,000 |
| Securities held to maturity | 113,621,000 | 107,985,000 | 107,607,000 | 117,360,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,949,338,000 | 1,990,788,000 | 2,203,869,000 | 2,245,386,000 |
| Interest-bearing deposits | 1,463,076,000 | 1,456,709,000 | 1,637,320,000 | 1,763,377,000 |
| Noninterest-bearing deposits | 486,262,000 | 534,079,000 | 566,549,000 | 482,009,000 |
| Equity capital | 264,938,000 | 263,991,000 | 333,372,000 | 419,671,000 |
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 | 37,133,000 | 73,550,000 | 112,060,000 | 150,850,000 |
| Interest expense | 16,908,000 | 31,662,000 | 47,245,000 | 63,723,000 |
| Net interest income | 20,225,000 | 41,888,000 | 64,815,000 | 87,127,000 |
| Noninterest income | 13,900,000 | 28,668,000 | 43,719,000 | 55,827,000 |
| Noninterest expense | 26,179,000 | 52,819,000 | 81,003,000 | 106,247,000 |
| Provision for loan losses | 895,000 | 2,963,000 | 4,531,000 | 7,022,000 |
| Pretax income | 8,529,000 | 16,930,000 | 25,960,000 | 32,645,000 |
| Income tax | 2,536,000 | 4,896,000 | 7,511,000 | 8,751,000 |
| Net income | 5,993,000 | 12,034,000 | 18,449,000 | 23,894,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 186,641,000 | 191,989,000 | 261,563,000 | 343,590,000 |
| Total capital | 250,294,000 | 257,216,000 | 328,201,000 | 411,971,000 |
| Risk-weighted assets | 2,311,840,000 | 2,440,371,000 | 2,548,615,000 | 2,670,432,000 |