Call reports 2023
TOWNEBANK — 2023
What TOWNEBANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 16,730,476,000 | 17,225,078,000 | 16,680,358,000 | 16,835,042,000 |
| Total loans | 11,330,947,000 | 11,437,518,000 | 11,361,020,000 | 11,479,011,000 |
| Allowance for loan losses | 120,002,000 | 123,514,000 | 125,159,000 | 126,461,000 |
| Securities available for sale | 2,078,483,000 | 2,005,851,000 | 1,963,453,000 | 2,129,342,000 |
| Securities held to maturity | 548,225,000 | 548,017,000 | 547,854,000 | 477,592,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,674,192,000 | 13,913,337,000 | 14,016,922,000 | 14,010,723,000 |
| Interest-bearing deposits | 8,528,770,000 | 8,991,831,000 | 9,435,944,000 | 9,550,505,000 |
| Noninterest-bearing deposits | 5,145,422,000 | 4,921,506,000 | 4,580,978,000 | 4,460,218,000 |
| Equity capital | 1,974,676,000 | 1,973,840,000 | 1,967,987,000 | 2,039,973,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 163,436,000 | 338,342,000 | 521,254,000 | 705,436,000 |
| Interest expense | 40,020,000 | 101,271,000 | 171,069,000 | 247,463,000 |
| Net interest income | 123,416,000 | 237,071,000 | 350,185,000 | 457,973,000 |
| Noninterest income | 78,113,000 | 166,673,000 | 239,123,000 | 297,961,000 |
| Noninterest expense | 141,494,000 | 287,288,000 | 417,818,000 | 550,650,000 |
| Provision for loan losses | 11,680,000 | 15,200,000 | 15,771,000 | 17,141,000 |
| Pretax income | 48,077,000 | 100,860,000 | 155,014,000 | 186,221,000 |
| Income tax | 9,599,000 | 19,014,000 | 28,424,000 | 31,085,000 |
| Net income | 38,333,000 | 80,049,000 | 124,911,000 | 153,715,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,577,006,000 | 1,624,376,000 | 1,655,361,000 | 1,669,448,000 |
| Total capital | 1,944,489,000 | 1,995,719,000 | 2,028,841,000 | 2,045,304,000 |
| Risk-weighted assets | 13,368,563,000 | 13,408,410,000 | 13,444,978,000 | 13,579,597,000 |