Call reports 2021
TOWN BANK, NATIONAL ASSOCIATION — 2021
What TOWN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 3,145,537,000 | 3,096,935,000 | 3,284,581,000 | 3,426,753,000 |
| Total loans | 2,141,670,000 | 2,119,108,000 | 2,101,426,000 | 2,124,132,000 |
| Allowance for loan losses | 13,541,000 | 11,647,000 | 10,870,000 | 9,693,000 |
| Securities available for sale | 211,800,000 | 189,451,000 | 198,008,000 | 186,341,000 |
| Securities held to maturity | 236,720,000 | 310,245,000 | 305,475,000 | 344,511,000 |
| Trading assets | 10,944,000 | 12,907,000 | 10,443,000 | 8,495,000 |
| Total deposits | 2,672,538,000 | 2,612,703,000 | 2,799,349,000 | 2,937,848,000 |
| Interest-bearing deposits | 1,884,918,000 | 1,782,109,000 | 1,940,136,000 | 2,059,016,000 |
| Noninterest-bearing deposits | 787,620,000 | 830,594,000 | 859,213,000 | 878,832,000 |
| Equity capital | 314,731,000 | 323,607,000 | 328,690,000 | 333,717,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 17,520,000 | 35,260,000 | 53,587,000 | 71,886,000 |
| Interest expense | 1,943,000 | 3,624,000 | 5,086,000 | 6,461,000 |
| Net interest income | 15,577,000 | 31,636,000 | 48,501,000 | 65,425,000 |
| Noninterest income | 2,114,000 | 8,698,000 | 11,176,000 | 13,448,000 |
| Noninterest expense | 11,890,000 | 24,026,000 | 35,804,000 | 48,529,000 |
| Provision for loan losses | -2,423,000 | -4,305,000 | -5,030,000 | -5,959,000 |
| Pretax income | 8,953,000 | 21,304,000 | 29,209,000 | 36,643,000 |
| Income tax | 2,240,000 | 5,462,000 | 7,604,000 | 9,694,000 |
| Net income | 6,713,000 | 15,842,000 | 21,605,000 | 26,949,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 242,902,000 | 251,837,000 | 257,640,000 | 262,859,000 |
| Total capital | 255,764,000 | 263,418,000 | 268,913,000 | 273,185,000 |
| Risk-weighted assets | 2,215,144,000 | 2,306,084,000 | 2,352,323,000 | 2,415,980,000 |