Call reports 2017
TOWN BANK, NATIONAL ASSOCIATION — 2017
What TOWN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,907,539,000 | 1,890,876,000 | 1,903,053,000 | 1,913,419,000 |
| Total loans | 1,469,998,000 | 1,499,627,000 | 1,497,238,000 | 1,514,957,000 |
| Allowance for loan losses | 7,733,000 | 7,920,000 | 7,662,000 | 7,987,000 |
| Securities available for sale | 114,800,000 | 92,824,000 | 85,077,000 | 108,146,000 |
| Securities held to maturity | 29,139,000 | 29,127,000 | 29,114,000 | 29,101,000 |
| Trading assets | 1,421,000 | 1,401,000 | 1,471,000 | 1,473,000 |
| Total deposits | 1,632,917,000 | 1,623,017,000 | 1,632,642,000 | 1,648,364,000 |
| Interest-bearing deposits | 1,281,472,000 | 1,277,482,000 | 1,212,405,000 | 1,207,261,000 |
| Noninterest-bearing deposits | 351,445,000 | 345,535,000 | 420,237,000 | 441,103,000 |
| Equity capital | 246,333,000 | 251,771,000 | 254,222,000 | 250,617,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 14,465,000 | 30,046,000 | 45,961,000 | 61,758,000 |
| Interest expense | 1,225,000 | 2,567,000 | 4,143,000 | 5,719,000 |
| Net interest income | 13,240,000 | 27,479,000 | 41,818,000 | 56,039,000 |
| Noninterest income | 1,416,000 | 2,417,000 | 3,905,000 | 6,019,000 |
| Noninterest expense | 8,209,000 | 16,759,000 | 25,750,000 | 34,876,000 |
| Provision for loan losses | 300,000 | 771,000 | 507,000 | 1,444,000 |
| Pretax income | 6,143,000 | 12,368,000 | 19,476,000 | 25,750,000 |
| Income tax | 2,261,000 | 3,630,000 | 6,346,000 | 9,231,000 |
| Net income | 3,882,000 | 8,738,000 | 13,130,000 | 16,519,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 177,670,000 | 182,726,000 | 185,928,000 | 180,943,000 |
| Total capital | 185,460,000 | 190,705,000 | 193,653,000 | 188,987,000 |
| Risk-weighted assets | 1,621,259,000 | 1,648,706,000 | 1,632,264,000 | 1,662,535,000 |