Call reports 2022
TOWN BANK, NATIONAL ASSOCIATION — 2022
What TOWN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 3,579,771,000 | 3,437,238,000 | 3,567,560,000 | 3,554,665,000 |
| Total loans | 2,145,206,000 | 2,210,122,000 | 2,319,822,000 | 2,365,039,000 |
| Allowance for loan losses | 9,919,000 | 10,222,000 | 10,632,000 | 13,236,000 |
| Securities available for sale | 258,340,000 | 284,454,000 | 307,264,000 | 360,463,000 |
| Securities held to maturity | 387,861,000 | 390,826,000 | 384,779,000 | 382,193,000 |
| Trading assets | 8,436,000 | 13,796,000 | 23,426,000 | 23,299,000 |
| Total deposits | 3,100,981,000 | 2,962,465,000 | 3,008,593,000 | 3,003,770,000 |
| Interest-bearing deposits | 2,205,854,000 | 2,067,780,000 | 2,097,504,000 | 2,137,780,000 |
| Noninterest-bearing deposits | 895,127,000 | 894,685,000 | 911,089,000 | 865,990,000 |
| Equity capital | 327,711,000 | 324,058,000 | 317,225,000 | 329,108,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 17,974,000 | 38,727,000 | 65,014,000 | 98,178,000 |
| Interest expense | 1,319,000 | 2,921,000 | 6,257,000 | 13,599,000 |
| Net interest income | 16,655,000 | 35,806,000 | 58,757,000 | 84,579,000 |
| Noninterest income | 3,319,000 | 6,411,000 | 9,412,000 | 13,549,000 |
| Noninterest expense | 12,173,000 | 25,308,000 | 37,939,000 | 51,771,000 |
| Provision for loan losses | 312,000 | 736,000 | 1,218,000 | 3,872,000 |
| Pretax income | 6,921,000 | 14,756,000 | 27,097,000 | 39,618,000 |
| Income tax | 1,781,000 | 3,933,000 | 7,244,000 | 10,528,000 |
| Net income | 5,140,000 | 10,823,000 | 19,853,000 | 29,090,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 267,821,000 | 275,748,000 | 288,031,000 | 297,499,000 |
| Total capital | 279,234,000 | 288,238,000 | 301,278,000 | 314,351,000 |
| Risk-weighted assets | 2,478,338,000 | 2,558,331,000 | 2,697,173,000 | 2,787,038,000 |