Call reports 2008
TOWN BANK, THE — 2008
What TOWN BANK, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 |
|---|---|---|---|
| Total assets | 206,358,000 | 203,082,000 | 211,588,000 |
| Total loans | 158,723,000 | 151,418,000 | 155,566,000 |
| Allowance for loan losses | 1,850,000 | 2,411,000 | 2,633,000 |
| Securities available for sale | 16,573,000 | 20,489,000 | 20,557,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 151,613,000 | 152,374,000 | 165,339,000 |
| Interest-bearing deposits | 133,346,000 | 138,776,000 | 151,388,000 |
| Noninterest-bearing deposits | 18,267,000 | 13,598,000 | 13,951,000 |
| Equity capital | 44,704,000 | 44,298,000 | 42,153,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 |
|---|---|---|---|
| Interest income | 3,044,000 | 5,723,000 | 8,321,000 |
| Interest expense | 1,192,000 | 2,232,000 | 3,393,000 |
| Net interest income | 1,852,000 | 3,491,000 | 4,928,000 |
| Noninterest income | 61,000 | 127,000 | 193,000 |
| Noninterest expense | 1,407,000 | 2,845,000 | 4,426,000 |
| Provision for loan losses | 0 | 561,000 | 786,000 |
| Pretax income | 506,000 | 212,000 | -91,000 |
| Income tax | 204,000 | 86,000 | -35,000 |
| Net income | 302,000 | 126,000 | -56,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 |
|---|---|---|---|
| Tier 1 capital | 18,104,000 | 18,003,000 | 15,898,000 |
| Total capital | 19,954,000 | 19,836,000 | 17,753,000 |
| Risk-weighted assets | 155,016,000 | 146,084,000 | 148,116,000 |