Call reports 2010
TOWN BANK, NATIONAL ASSOCIATION — 2010
What TOWN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 721,474,000 | 721,654,000 | 733,974,000 | 731,108,000 |
| Total loans | 544,990,000 | 547,288,000 | 572,012,000 | 579,408,000 |
| Allowance for loan losses | 6,530,000 | 6,043,000 | 7,710,000 | 6,837,000 |
| Securities available for sale | 56,093,000 | 54,913,000 | 43,969,000 | 46,247,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 604,871,000 | 615,326,000 | 615,994,000 | 596,620,000 |
| Interest-bearing deposits | 556,805,000 | 569,745,000 | 568,451,000 | 543,658,000 |
| Noninterest-bearing deposits | 48,066,000 | 45,581,000 | 47,543,000 | 52,962,000 |
| Equity capital | 81,638,000 | 85,622,000 | 93,575,000 | 93,109,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 8,098,000 | 16,396,000 | 24,428,000 | 32,362,000 |
| Interest expense | 2,570,000 | 5,059,000 | 7,572,000 | 9,809,000 |
| Net interest income | 5,528,000 | 11,337,000 | 16,856,000 | 22,553,000 |
| Noninterest income | 267,000 | 523,000 | 870,000 | 884,000 |
| Noninterest expense | 3,342,000 | 6,598,000 | 10,035,000 | 14,032,000 |
| Provision for loan losses | 3,175,000 | 4,585,000 | 6,765,000 | 8,716,000 |
| Pretax income | -717,000 | 682,000 | 1,322,000 | 1,087,000 |
| Income tax | -303,000 | 247,000 | 494,000 | 246,000 |
| Net income | -414,000 | 435,000 | 828,000 | 841,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,830,000 | 60,731,000 | 68,675,000 | 68,752,000 |
| Total capital | 63,471,000 | 66,886,000 | 76,451,000 | 75,853,000 |
| Risk-weighted assets | 591,307,000 | 594,947,000 | 622,526,000 | 634,441,000 |