Call reports 2002
TOWER BANK & TRUST COMPANY — 2002
What TOWER BANK & TRUST COMPANY reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 309,728,000 | 319,726,000 | 356,883,000 | 377,616,000 |
| Total loans | 264,582,000 | 287,446,000 | 303,107,000 | 327,110,000 |
| Allowance for loan losses | 3,833,000 | 4,130,000 | 4,407,000 | 4,746,000 |
| Securities available for sale | 8,338,000 | 11,069,000 | 8,294,000 | 11,171,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 274,842,000 | 269,012,000 | 298,330,000 | 317,891,000 |
| Interest-bearing deposits | 239,807,000 | 233,916,000 | 250,807,000 | 267,618,000 |
| Noninterest-bearing deposits | 35,035,000 | 35,096,000 | 47,523,000 | 50,273,000 |
| Equity capital | 26,805,000 | 27,416,000 | 35,049,000 | 35,678,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 3,736,000 | 7,785,000 | 12,106,000 | 16,494,000 |
| Interest expense | 1,492,000 | 2,971,000 | 4,584,000 | 6,127,000 |
| Net interest income | 2,244,000 | 4,814,000 | 7,522,000 | 10,367,000 |
| Noninterest income | 548,000 | 1,112,000 | 1,824,000 | 2,954,000 |
| Noninterest expense | 1,803,000 | 3,768,000 | 5,892,000 | 8,285,000 |
| Provision for loan losses | 375,000 | 820,000 | 1,295,000 | 1,765,000 |
| Pretax income | 614,000 | 1,338,000 | 2,159,000 | 3,271,000 |
| Income tax | 244,000 | 527,000 | 848,000 | 1,287,000 |
| Net income | 370,000 | 811,000 | 1,311,000 | 1,984,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,805,000 | 27,282,000 | 34,781,000 | 35,455,000 |
| Total capital | 30,263,000 | 31,007,000 | 38,805,000 | 39,673,000 |
| Risk-weighted assets | 276,305,000 | 297,623,000 | 321,510,000 | 336,945,000 |