Call reports 2006
TOWN BANK, NATIONAL ASSOCIATION — 2006
What TOWN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 398,612,000 | 441,912,000 | 474,465,000 | 474,523,000 |
| Total loans | 301,963,000 | 321,267,000 | 353,091,000 | 365,509,000 |
| Allowance for loan losses | 2,372,000 | 2,291,000 | 2,315,000 | 2,193,000 |
| Securities available for sale | 51,668,000 | 68,495,000 | 50,963,000 | 45,511,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 330,970,000 | 373,501,000 | 395,332,000 | 391,927,000 |
| Interest-bearing deposits | 300,925,000 | 337,271,000 | 365,030,000 | 353,411,000 |
| Noninterest-bearing deposits | 30,045,000 | 36,230,000 | 30,302,000 | 38,516,000 |
| Equity capital | 54,033,000 | 54,936,000 | 59,651,000 | 62,332,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 5,556,000 | 11,953,000 | 18,950,000 | 26,059,000 |
| Interest expense | 2,786,000 | 6,080,000 | 10,019,000 | 14,198,000 |
| Net interest income | 2,770,000 | 5,873,000 | 8,931,000 | 11,861,000 |
| Noninterest income | 185,000 | 461,000 | 601,000 | 756,000 |
| Noninterest expense | 1,918,000 | 4,031,000 | 6,291,000 | 8,620,000 |
| Provision for loan losses | 0 | 0 | 78,000 | 152,000 |
| Pretax income | 1,037,000 | 2,303,000 | 3,151,000 | 3,833,000 |
| Income tax | 384,000 | 866,000 | 1,173,000 | 1,416,000 |
| Net income | 653,000 | 1,437,000 | 1,978,000 | 2,417,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,566,000 | 31,259,000 | 35,209,000 | 37,790,000 |
| Total capital | 31,980,000 | 33,591,000 | 37,565,000 | 40,021,000 |
| Risk-weighted assets | 306,358,000 | 330,433,000 | 366,024,000 | 377,190,000 |