Call reports 2016
TOWN BANK, NATIONAL ASSOCIATION — 2016
What TOWN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,678,542,000 | 1,840,834,000 | 1,859,117,000 | 1,943,120,000 |
| Total loans | 1,295,624,000 | 1,424,931,000 | 1,431,878,000 | 1,448,693,000 |
| Allowance for loan losses | 6,530,000 | 7,274,000 | 7,668,000 | 7,611,000 |
| Securities available for sale | 73,217,000 | 57,059,000 | 95,639,000 | 96,028,000 |
| Securities held to maturity | 27,772,000 | 29,448,000 | 29,425,000 | 29,403,000 |
| Trading assets | 3,198,000 | 4,075,000 | 3,643,000 | 1,847,000 |
| Total deposits | 1,404,764,000 | 1,582,661,000 | 1,598,601,000 | 1,668,352,000 |
| Interest-bearing deposits | 1,089,720,000 | 1,263,931,000 | 1,263,002,000 | 1,313,650,000 |
| Noninterest-bearing deposits | 315,044,000 | 318,730,000 | 335,599,000 | 354,702,000 |
| Equity capital | 238,842,000 | 239,469,000 | 242,195,000 | 242,190,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 13,448,000 | 27,634,000 | 41,531,000 | 55,501,000 |
| Interest expense | 819,000 | 1,887,000 | 3,011,000 | 4,197,000 |
| Net interest income | 12,629,000 | 25,747,000 | 38,520,000 | 51,304,000 |
| Noninterest income | 1,165,000 | 2,355,000 | 3,137,000 | 4,935,000 |
| Noninterest expense | 7,827,000 | 17,197,000 | 26,021,000 | 34,801,000 |
| Provision for loan losses | 1,066,000 | 2,305,000 | 2,821,000 | 2,674,000 |
| Pretax income | 5,006,000 | 8,776,000 | 13,252,000 | 19,252,000 |
| Income tax | 1,877,000 | 3,297,000 | 4,954,000 | 7,108,000 |
| Net income | 3,129,000 | 5,479,000 | 8,298,000 | 12,144,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 167,645,000 | 168,683,000 | 171,763,000 | 174,235,000 |
| Total capital | 174,223,000 | 176,008,000 | 179,492,000 | 181,908,000 |
| Risk-weighted assets | 1,414,749,000 | 1,557,290,000 | 1,582,751,000 | 1,614,920,000 |