Call reports 2013
TOWN BANK, NATIONAL ASSOCIATION — 2013
What TOWN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 847,715,000 | 861,472,000 | 871,678,000 | 916,726,000 |
| Total loans | 680,258,000 | 710,728,000 | 713,176,000 | 723,997,000 |
| Allowance for loan losses | 7,210,000 | 6,954,000 | 6,245,000 | 5,773,000 |
| Securities available for sale | 61,053,000 | 58,169,000 | 54,623,000 | 65,336,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 2,179,000 | 1,014,000 | 881,000 | 959,000 |
| Total deposits | 730,527,000 | 745,414,000 | 754,410,000 | 786,803,000 |
| Interest-bearing deposits | 648,657,000 | 657,276,000 | 663,450,000 | 667,744,000 |
| Noninterest-bearing deposits | 81,870,000 | 88,138,000 | 90,960,000 | 119,059,000 |
| Equity capital | 99,955,000 | 99,308,000 | 101,157,000 | 103,472,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 7,181,000 | 14,241,000 | 21,313,000 | 28,328,000 |
| Interest expense | 1,005,000 | 1,911,000 | 2,710,000 | 3,483,000 |
| Net interest income | 6,176,000 | 12,330,000 | 18,603,000 | 24,845,000 |
| Noninterest income | 359,000 | 885,000 | 929,000 | 1,426,000 |
| Noninterest expense | 3,691,000 | 7,544,000 | 11,079,000 | 14,705,000 |
| Provision for loan losses | 1,577,000 | 1,551,000 | 1,423,000 | 644,000 |
| Pretax income | 1,267,000 | 4,120,000 | 7,031,000 | 10,923,000 |
| Income tax | 461,000 | 1,556,000 | 2,691,000 | 4,220,000 |
| Net income | 806,000 | 2,564,000 | 4,340,000 | 6,703,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 75,702,000 | 75,504,000 | 77,357,000 | 79,843,000 |
| Total capital | 82,992,000 | 82,538,000 | 83,631,000 | 85,647,000 |
| Risk-weighted assets | 721,838,000 | 749,763,000 | 752,300,000 | 762,342,000 |