Call reports 2003
TOWN BANK, THE — 2003
What TOWN BANK, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 86,024,000 | 93,455,000 | 105,040,000 | 103,072,000 |
| Total loans | 64,489,000 | 67,978,000 | 70,066,000 | 79,692,000 |
| Allowance for loan losses | 650,000 | 690,000 | 725,000 | 801,000 |
| Securities available for sale | 10,140,000 | 14,048,000 | 21,604,000 | 17,102,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,074,000 | 83,278,000 | 89,527,000 | 89,628,000 |
| Interest-bearing deposits | 65,424,000 | 67,483,000 | 74,360,000 | 74,435,000 |
| Noninterest-bearing deposits | 13,650,000 | 15,795,000 | 15,167,000 | 15,193,000 |
| Equity capital | 6,399,000 | 6,573,000 | 12,834,000 | 13,011,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,133,000 | 2,297,000 | 3,529,000 | 4,835,000 |
| Interest expense | 389,000 | 784,000 | 1,182,000 | 1,570,000 |
| Net interest income | 744,000 | 1,513,000 | 2,347,000 | 3,265,000 |
| Noninterest income | 32,000 | 111,000 | 163,000 | 208,000 |
| Noninterest expense | 583,000 | 1,165,000 | 1,875,000 | 2,542,000 |
| Provision for loan losses | 40,000 | 80,000 | 115,000 | 191,000 |
| Pretax income | 160,000 | 393,000 | 554,000 | 774,000 |
| Income tax | 16,000 | 38,000 | 49,000 | 76,000 |
| Net income | 144,000 | 355,000 | 505,000 | 698,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,324,000 | 6,535,000 | 12,804,000 | 12,998,000 |
| Total capital | 6,974,000 | 7,225,000 | 13,529,000 | 13,799,000 |
| Risk-weighted assets | 68,663,000 | 76,060,000 | 76,623,000 | 85,464,000 |