Call reports 2003
TOWN BANK, NATIONAL ASSOCIATION — 2003
What TOWN BANK, NATIONAL ASSOCIATION 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 | 181,074,000 | 197,343,000 | 205,572,000 | 212,936,000 |
| Total loans | 153,950,000 | 169,472,000 | 179,100,000 | 185,790,000 |
| Allowance for loan losses | 2,166,000 | 2,417,000 | 2,377,000 | 2,417,000 |
| Securities available for sale | 9,116,000 | 9,441,000 | 10,217,000 | 10,601,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 162,317,000 | 178,330,000 | 183,438,000 | 189,354,000 |
| Interest-bearing deposits | 141,914,000 | 158,173,000 | 160,954,000 | 164,862,000 |
| Noninterest-bearing deposits | 20,402,000 | 20,157,000 | 22,485,000 | 24,492,000 |
| Equity capital | 15,478,000 | 15,947,000 | 16,310,000 | 18,833,000 |
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 | 2,308,000 | 4,846,000 | 7,484,000 | 10,225,000 |
| Interest expense | 732,000 | 1,559,000 | 2,434,000 | 3,256,000 |
| Net interest income | 1,576,000 | 3,287,000 | 5,050,000 | 6,969,000 |
| Noninterest income | 117,000 | 226,000 | 342,000 | 462,000 |
| Noninterest expense | 1,108,000 | 2,236,000 | 3,469,000 | 4,658,000 |
| Provision for loan losses | 325,000 | 570,000 | 615,000 | 615,000 |
| Pretax income | 260,000 | 742,000 | 1,342,000 | 2,192,000 |
| Income tax | 77,000 | 245,000 | 454,000 | 766,000 |
| Net income | 183,000 | 497,000 | 888,000 | 1,426,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,393,000 | 15,857,000 | 16,247,000 | 18,786,000 |
| Total capital | 17,347,000 | 17,964,000 | 18,494,000 | 21,131,000 |
| Risk-weighted assets | 156,019,000 | 168,249,000 | 179,487,000 | 187,500,000 |