Call reports 2024
TOWNEBANK — 2024
What TOWNEBANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 16,884,255,000 | 17,068,845,000 | 17,188,022,000 | 17,248,124,000 |
| Total loans | 11,603,087,000 | 11,652,511,000 | 11,676,839,000 | 11,660,748,000 |
| Allowance for loan losses | 125,835,000 | 125,552,000 | 123,191,000 | 123,923,000 |
| Securities available for sale | 2,204,101,000 | 2,250,679,000 | 2,363,176,000 | 2,353,365,000 |
| Securities held to maturity | 312,511,000 | 212,488,000 | 212,422,000 | 212,352,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,253,186,000 | 14,402,599,000 | 14,469,177,000 | 14,532,695,000 |
| Interest-bearing deposits | 9,931,942,000 | 9,968,814,000 | 10,095,542,000 | 10,184,245,000 |
| Noninterest-bearing deposits | 4,321,244,000 | 4,433,785,000 | 4,373,635,000 | 4,348,450,000 |
| Equity capital | 2,049,526,000 | 2,072,787,000 | 2,146,280,000 | 2,139,333,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 186,967,000 | 381,961,000 | 578,614,000 | 774,723,000 |
| Interest expense | 83,701,000 | 169,587,000 | 253,929,000 | 331,923,000 |
| Net interest income | 103,266,000 | 212,374,000 | 324,685,000 | 442,800,000 |
| Noninterest income | 75,518,000 | 155,386,000 | 232,504,000 | 304,400,000 |
| Noninterest expense | 137,001,000 | 275,022,000 | 416,650,000 | 557,564,000 |
| Provision for loan losses | -106,000 | -408,000 | -2,092,000 | -978,000 |
| Pretax income | 42,388,000 | 93,552,000 | 142,269,000 | 190,381,000 |
| Income tax | 7,261,000 | 15,385,000 | 20,977,000 | 27,649,000 |
| Net income | 34,687,000 | 77,544,000 | 120,492,000 | 161,756,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,678,088,000 | 1,707,467,000 | 1,730,719,000 | 1,758,099,000 |
| Total capital | 2,057,116,000 | 2,086,036,000 | 2,108,300,000 | 2,138,922,000 |
| Risk-weighted assets | 13,625,267,000 | 13,601,695,000 | 13,568,374,000 | 13,643,724,000 |