Call reports 2002
TOWNE CENTER BANK, THE — 2002
What TOWNE CENTER BANK, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 41,618,000 | 43,554,000 | 44,217,000 | 43,203,000 |
| Total loans | 32,414,000 | 36,436,000 | 36,521,000 | 38,378,000 |
| Allowance for loan losses | 416,000 | 423,000 | 438,000 | 421,000 |
| Securities available for sale | 786,000 | 699,000 | 616,000 | 525,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,799,000 | 34,740,000 | 35,228,000 | 34,228,000 |
| Interest-bearing deposits | 26,841,000 | 28,445,000 | 27,886,000 | 28,441,000 |
| Noninterest-bearing deposits | 5,958,000 | 6,295,000 | 7,342,000 | 5,787,000 |
| Equity capital | 8,553,000 | 8,586,000 | 8,637,000 | 8,627,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 611,000 | 1,269,000 | 1,975,000 | 2,733,000 |
| Interest expense | 200,000 | 396,000 | 589,000 | 771,000 |
| Net interest income | 411,000 | 873,000 | 1,386,000 | 1,962,000 |
| Noninterest income | 15,000 | 102,000 | 140,000 | 153,000 |
| Noninterest expense | 448,000 | 931,000 | 1,377,000 | 1,955,000 |
| Provision for loan losses | 20,000 | 35,000 | 50,000 | 70,000 |
| Pretax income | -42,000 | 9,000 | 99,000 | 92,000 |
| Income tax | -12,000 | 10,000 | 50,000 | 48,000 |
| Net income | -30,000 | -1,000 | 49,000 | 44,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,543,000 | 8,572,000 | 8,622,000 | 8,617,000 |
| Total capital | 8,938,000 | 8,995,000 | 9,058,000 | 9,038,000 |
| Risk-weighted assets | 31,568,000 | 34,500,000 | 34,902,000 | 36,407,000 |