Call reports 2020
TOWNEBANK — 2020
What TOWNEBANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 12,623,843,000 | 15,580,255,000 | 14,795,417,000 | 14,626,444,000 |
| Total loans | 9,237,355,000 | 10,412,258,000 | 10,439,589,000 | 10,169,865,000 |
| Allowance for loan losses | 64,372,000 | 90,467,000 | 119,058,000 | 120,157,000 |
| Securities available for sale | 1,248,420,000 | 1,266,622,000 | 1,310,683,000 | 1,368,224,000 |
| Securities held to maturity | 42,430,000 | 41,594,000 | 17,130,000 | 16,511,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,351,909,000 | 11,321,723,000 | 11,762,045,000 | 11,630,263,000 |
| Interest-bearing deposits | 6,247,478,000 | 7,038,730,000 | 7,240,785,000 | 7,198,600,000 |
| Noninterest-bearing deposits | 3,104,431,000 | 4,282,994,000 | 4,521,261,000 | 4,431,664,000 |
| Equity capital | 1,653,200,000 | 1,707,595,000 | 1,731,742,000 | 1,766,849,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 114,185,000 | 228,779,000 | 344,355,000 | 460,416,000 |
| Interest expense | 24,605,000 | 45,876,000 | 64,645,000 | 80,015,000 |
| Net interest income | 89,580,000 | 182,903,000 | 279,710,000 | 380,401,000 |
| Noninterest income | 65,936,000 | 164,156,000 | 286,809,000 | 404,544,000 |
| Noninterest expense | 119,596,000 | 243,958,000 | 378,508,000 | 531,163,000 |
| Provision for loan losses | 5,758,000 | 31,752,000 | 60,015,000 | 61,223,000 |
| Pretax income | 33,792,000 | 78,479,000 | 137,034,000 | 201,332,000 |
| Income tax | 6,187,000 | 13,651,000 | 21,492,000 | 31,900,000 |
| Net income | 26,384,000 | 60,990,000 | 95,453,000 | 145,534,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,166,470,000 | 1,201,084,000 | 1,237,810,000 | 1,271,291,000 |
| Total capital | 1,479,229,000 | 1,533,920,000 | 1,592,282,000 | 1,629,228,000 |
| Risk-weighted assets | 10,274,483,000 | 10,291,054,000 | 10,389,375,000 | 10,562,850,000 |