Call reports 2004
TOWN BANK, NATIONAL ASSOCIATION — 2004
What TOWN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 232,411,000 | 234,236,000 | 259,889,000 | 308,022,000 |
| Total loans | 197,244,000 | 211,447,000 | 227,441,000 | 240,297,000 |
| Allowance for loan losses | 2,537,000 | 2,594,000 | 2,577,000 | 2,577,000 |
| Securities available for sale | 10,097,000 | 11,659,000 | 14,236,000 | 25,180,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 208,062,000 | 204,532,000 | 232,778,000 | 242,842,000 |
| Interest-bearing deposits | 181,469,000 | 178,412,000 | 199,476,000 | 215,339,000 |
| Noninterest-bearing deposits | 26,593,000 | 26,120,000 | 33,302,000 | 27,503,000 |
| Equity capital | 19,421,000 | 19,830,000 | 21,518,000 | 50,209,000 |
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 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,963,000 | 5,924,000 | 9,243,000 | 13,052,000 |
| Interest expense | 857,000 | 1,791,000 | 2,864,000 | 3,951,000 |
| Net interest income | 2,106,000 | 4,133,000 | 6,379,000 | 9,101,000 |
| Noninterest income | 171,000 | 464,000 | 644,000 | 863,000 |
| Noninterest expense | 1,298,000 | 2,676,000 | 4,850,000 | 6,383,000 |
| Provision for loan losses | 120,000 | 200,000 | 580,000 | 580,000 |
| Pretax income | 899,000 | 1,761,000 | 1,633,000 | 3,041,000 |
| Income tax | 327,000 | 647,000 | 685,000 | 1,257,000 |
| Net income | 572,000 | 1,114,000 | 948,000 | 1,784,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,357,000 | 19,900,000 | 21,484,000 | 23,531,000 |
| Total capital | 21,845,000 | 22,494,000 | 24,061,000 | 26,108,000 |
| Risk-weighted assets | 199,146,000 | 211,673,000 | 227,319,000 | 239,735,000 |