Call reports 2014
TOWN BANK, NATIONAL ASSOCIATION — 2014
What TOWN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 921,097,000 | 919,711,000 | 1,271,021,000 | 1,345,924,000 |
| Total loans | 737,249,000 | 750,240,000 | 963,600,000 | 1,006,676,000 |
| Allowance for loan losses | 5,801,000 | 4,921,000 | 5,338,000 | 4,943,000 |
| Securities available for sale | 69,562,000 | 69,175,000 | 69,013,000 | 64,825,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 1,066,000 | 1,475,000 | 1,416,000 | 1,724,000 |
| Total deposits | 797,653,000 | 794,734,000 | 1,097,140,000 | 1,116,778,000 |
| Interest-bearing deposits | 703,585,000 | 691,653,000 | 894,764,000 | 916,182,000 |
| Noninterest-bearing deposits | 94,068,000 | 103,081,000 | 202,376,000 | 200,596,000 |
| Equity capital | 106,164,000 | 108,403,000 | 161,616,000 | 166,075,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 7,157,000 | 14,346,000 | 23,200,000 | 34,518,000 |
| Interest expense | 756,000 | 1,506,000 | 2,338,000 | 3,215,000 |
| Net interest income | 6,401,000 | 12,840,000 | 20,862,000 | 31,303,000 |
| Noninterest income | 392,000 | 875,000 | 1,399,000 | 2,482,000 |
| Noninterest expense | 4,283,000 | 8,484,000 | 14,009,000 | 21,341,000 |
| Provision for loan losses | 208,000 | -233,000 | 168,000 | 89,000 |
| Pretax income | 2,302,000 | 5,466,000 | 8,090,000 | 12,368,000 |
| Income tax | 875,000 | 2,082,000 | 3,067,000 | 4,794,000 |
| Net income | 1,427,000 | 3,384,000 | 5,023,000 | 7,574,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,339,000 | 84,369,000 | 112,199,000 | 125,716,000 |
| Total capital | 88,169,000 | 89,326,000 | 117,568,000 | 130,699,000 |
| Risk-weighted assets | 781,086,000 | 787,591,000 | 1,035,631,000 | 1,084,344,000 |