Call reports 2018
TOWN BANK, NATIONAL ASSOCIATION — 2018
What TOWN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,931,362,000 | 2,011,666,000 | 2,041,530,000 | 2,147,149,000 |
| Total loans | 1,511,241,000 | 1,577,686,000 | 1,610,296,000 | 1,669,684,000 |
| Allowance for loan losses | 8,181,000 | 8,706,000 | 8,165,000 | 8,430,000 |
| Securities available for sale | 130,942,000 | 117,322,000 | 146,540,000 | 120,190,000 |
| Securities held to maturity | 39,574,000 | 39,562,000 | 43,549,000 | 43,766,000 |
| Trading assets | 1,976,000 | 3,416,000 | 2,791,000 | 4,093,000 |
| Total deposits | 1,606,313,000 | 1,721,272,000 | 1,730,215,000 | 1,827,632,000 |
| Interest-bearing deposits | 1,197,363,000 | 1,301,728,000 | 1,314,111,000 | 1,410,140,000 |
| Noninterest-bearing deposits | 408,950,000 | 419,544,000 | 416,104,000 | 417,492,000 |
| Equity capital | 253,512,000 | 258,450,000 | 259,801,000 | 267,790,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 16,239,000 | 33,885,000 | 52,911,000 | 72,770,000 |
| Interest expense | 1,987,000 | 4,469,000 | 7,896,000 | 11,990,000 |
| Net interest income | 14,252,000 | 29,416,000 | 45,015,000 | 60,780,000 |
| Noninterest income | 1,797,000 | 4,683,000 | 6,840,000 | 8,884,000 |
| Noninterest expense | 9,343,000 | 19,489,000 | 30,650,000 | 43,008,000 |
| Provision for loan losses | 639,000 | 1,349,000 | 900,000 | 1,195,000 |
| Pretax income | 6,006,000 | 13,175,000 | 20,191,000 | 25,391,000 |
| Income tax | 1,535,000 | 3,356,000 | 5,067,000 | 6,316,000 |
| Net income | 4,471,000 | 9,819,000 | 15,124,000 | 19,075,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 184,433,000 | 190,159,000 | 193,131,000 | 199,982,000 |
| Total capital | 192,661,000 | 198,910,000 | 201,341,000 | 208,479,000 |
| Risk-weighted assets | 1,666,333,000 | 1,734,839,000 | 1,793,947,000 | 1,848,247,000 |