Call reports 2003
TOWNE CENTER BANK, THE — 2003
What TOWNE CENTER 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 | 47,810,000 | 45,957,000 | 46,240,000 | 46,680,000 |
| Total loans | 40,008,000 | 39,712,000 | 39,792,000 | 42,217,000 |
| Allowance for loan losses | 436,000 | 445,000 | 445,000 | 445,000 |
| Securities available for sale | 501,000 | 2,424,000 | 2,246,000 | 2,143,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,707,000 | 36,852,000 | 37,049,000 | 34,723,000 |
| Interest-bearing deposits | 30,577,000 | 28,072,000 | 27,778,000 | 24,311,000 |
| Noninterest-bearing deposits | 8,130,000 | 8,780,000 | 9,271,000 | 10,412,000 |
| Equity capital | 8,685,000 | 8,777,000 | 8,822,000 | 8,928,000 |
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 | 746,000 | 1,497,000 | 2,225,000 | 3,020,000 |
| Interest expense | 180,000 | 337,000 | 465,000 | 570,000 |
| Net interest income | 566,000 | 1,160,000 | 1,760,000 | 2,450,000 |
| Noninterest income | 49,000 | 121,000 | 200,000 | 182,000 |
| Noninterest expense | 493,000 | 979,000 | 1,498,000 | 2,017,000 |
| Provision for loan losses | 15,000 | 25,000 | 25,000 | 25,000 |
| Pretax income | 107,000 | 277,000 | 437,000 | 590,000 |
| Income tax | 47,000 | 121,000 | 191,000 | 236,000 |
| Net income | 60,000 | 156,000 | 246,000 | 354,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,677,000 | 8,776,000 | 8,865,000 | 8,973,000 |
| Total capital | 9,113,000 | 9,221,000 | 9,310,000 | 9,418,000 |
| Risk-weighted assets | 41,201,000 | 36,521,000 | 36,189,000 | 38,655,000 |