Call reports 2004
TOWNE CENTER BANK, THE — 2004
What TOWNE CENTER 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 |
|---|---|---|---|
| Total assets | 45,912,000 | 46,064,000 | 45,650,000 |
| Total loans | 41,467,000 | 41,833,000 | 41,945,000 |
| Allowance for loan losses | 466,000 | 487,000 | 494,000 |
| Securities available for sale | 2,093,000 | 1,623,000 | 1,503,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 32,629,000 | 28,993,000 | 30,058,000 |
| Interest-bearing deposits | 22,706,000 | 19,123,000 | 19,862,000 |
| Noninterest-bearing deposits | 9,923,000 | 9,870,000 | 10,196,000 |
| Equity capital | 9,033,000 | 9,150,000 | 9,219,000 |
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 |
|---|---|---|---|
| Interest income | 751,000 | 1,500,000 | 2,239,000 |
| Interest expense | 95,000 | 181,000 | 273,000 |
| Net interest income | 656,000 | 1,319,000 | 1,966,000 |
| Noninterest income | 26,000 | 47,000 | 88,000 |
| Noninterest expense | 522,000 | 986,000 | 1,527,000 |
| Provision for loan losses | 21,000 | 42,000 | 49,000 |
| Pretax income | 139,000 | 338,000 | 478,000 |
| Income tax | 56,000 | 134,000 | 192,000 |
| Net income | 83,000 | 204,000 | 286,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 |
|---|---|---|---|
| Tier 1 capital | 9,056,000 | 9,177,000 | 9,259,000 |
| Total capital | 9,522,000 | 9,664,000 | 9,751,000 |
| Risk-weighted assets | 38,606,000 | 39,411,000 | 39,346,000 |