Call reports 2016
TOWNEBANK — 2016
What TOWNEBANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 6,365,170,000 | 7,940,695,000 | 7,830,142,000 | 7,973,918,000 |
| Total loans | 4,649,750,000 | 6,034,927,000 | 6,091,251,000 | 6,121,342,000 |
| Allowance for loan losses | 37,760,000 | 39,618,000 | 40,655,000 | 42,001,000 |
| Securities available for sale | 820,108,000 | 810,907,000 | 702,906,000 | 811,459,000 |
| Securities held to maturity | 66,921,000 | 65,728,000 | 70,304,000 | 66,490,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,981,843,000 | 6,223,721,000 | 6,172,637,000 | 6,057,535,000 |
| Interest-bearing deposits | 3,505,466,000 | 4,235,462,000 | 4,172,551,000 | 4,087,885,000 |
| Noninterest-bearing deposits | 1,476,377,000 | 1,988,259,000 | 2,000,085,000 | 1,969,650,000 |
| Equity capital | 826,876,000 | 1,050,360,000 | 1,067,193,000 | 1,075,102,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 54,802,000 | 111,116,000 | 183,034,000 | 254,940,000 |
| Interest expense | 8,398,000 | 16,856,000 | 26,074,000 | 35,740,000 |
| Net interest income | 46,404,000 | 94,260,000 | 156,960,000 | 219,200,000 |
| Noninterest income | 42,340,000 | 95,879,000 | 170,901,000 | 232,515,000 |
| Noninterest expense | 62,154,000 | 151,197,000 | 250,425,000 | 345,451,000 |
| Provision for loan losses | -259,000 | 1,840,000 | 3,526,000 | 5,357,000 |
| Pretax income | 26,849,000 | 37,102,000 | 73,910,000 | 100,913,000 |
| Income tax | 8,188,000 | 10,563,000 | 21,538,000 | 28,698,000 |
| Net income | 17,819,000 | 24,078,000 | 48,254,000 | 67,250,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 657,143,000 | 772,776,000 | 784,173,000 | 802,066,000 |
| Total capital | 694,903,000 | 812,394,000 | 824,828,000 | 844,067,000 |
| Risk-weighted assets | 5,161,963,000 | 6,499,145,000 | 6,639,021,000 | 6,785,585,000 |