Call reports 2004
TOWN BANK, THE — 2004
What TOWN BANK, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 111,460,000 | 122,900,000 | 126,203,000 | 126,076,000 |
| Total loans | 82,860,000 | 93,347,000 | 106,954,000 | 109,924,000 |
| Allowance for loan losses | 856,000 | 941,000 | 1,081,000 | 1,186,000 |
| Securities available for sale | 16,155,000 | 19,091,000 | 13,945,000 | 12,907,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,625,000 | 105,917,000 | 111,575,000 | 109,635,000 |
| Interest-bearing deposits | 80,872,000 | 87,733,000 | 92,070,000 | 91,808,000 |
| Noninterest-bearing deposits | 16,753,000 | 18,184,000 | 19,505,000 | 17,827,000 |
| Equity capital | 13,294,000 | 13,442,000 | 13,891,000 | 14,483,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,360,000 | 2,827,000 | 4,521,000 | 6,317,000 |
| Interest expense | 401,000 | 827,000 | 1,314,000 | 1,832,000 |
| Net interest income | 959,000 | 2,000,000 | 3,207,000 | 4,485,000 |
| Noninterest income | 28,000 | 62,000 | 99,000 | 136,000 |
| Noninterest expense | 658,000 | 1,350,000 | 2,040,000 | 2,788,000 |
| Provision for loan losses | 55,000 | 140,000 | 280,000 | 385,000 |
| Pretax income | 274,000 | 572,000 | 986,000 | 1,448,000 |
| Income tax | 4,000 | 35,000 | 59,000 | 84,000 |
| Net income | 270,000 | 537,000 | 927,000 | 1,364,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,268,000 | 13,535,000 | 13,946,000 | 14,544,000 |
| Total capital | 14,124,000 | 14,476,000 | 15,027,000 | 15,730,000 |
| Risk-weighted assets | 86,819,000 | 97,844,000 | 110,735,000 | 111,377,000 |