Call reports 2002
TOWN BANK, NATIONAL ASSOCIATION — 2002
What TOWN BANK, NATIONAL ASSOCIATION 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 | 120,083,000 | 128,175,000 | 138,878,000 | 158,161,000 |
| Total loans | 99,701,000 | 104,877,000 | 112,373,000 | 127,091,000 |
| Allowance for loan losses | 1,615,000 | 1,705,000 | 1,930,000 | 1,895,000 |
| Securities available for sale | 6,674,000 | 7,280,000 | 8,176,000 | 9,770,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,251,000 | 113,539,000 | 124,730,000 | 144,257,000 |
| Interest-bearing deposits | 92,715,000 | 99,350,000 | 105,854,000 | 117,386,000 |
| Noninterest-bearing deposits | 11,536,000 | 14,189,000 | 18,877,000 | 26,871,000 |
| Equity capital | 10,150,000 | 10,439,000 | 10,618,000 | 10,822,000 |
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 | 1,770,000 | 3,617,000 | 5,611,000 | 7,715,000 |
| Interest expense | 617,000 | 1,300,000 | 2,029,000 | 2,718,000 |
| Net interest income | 1,153,000 | 2,317,000 | 3,582,000 | 4,997,000 |
| Noninterest income | 113,000 | 200,000 | 299,000 | 391,000 |
| Noninterest expense | 836,000 | 1,717,000 | 2,624,000 | 3,583,000 |
| Provision for loan losses | 145,000 | 235,000 | 460,000 | 730,000 |
| Pretax income | 285,000 | 565,000 | 797,000 | 1,075,000 |
| Income tax | 98,000 | 199,000 | 259,000 | 339,000 |
| Net income | 187,000 | 366,000 | 538,000 | 736,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,161,000 | 10,340,000 | 10,512,000 | 10,710,000 |
| Total capital | 11,457,000 | 11,714,000 | 11,965,000 | 12,390,000 |
| Risk-weighted assets | 103,350,000 | 109,616,000 | 115,723,000 | 134,176,000 |