Call reports 2003
TOWER BANK & TRUST COMPANY — 2003
What TOWER BANK & TRUST COMPANY reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 398,142,000 | 407,563,000 | 428,501,000 | 436,791,000 |
| Total loans | 341,813,000 | 356,341,000 | 374,068,000 | 376,838,000 |
| Allowance for loan losses | 5,079,000 | 5,514,000 | 5,629,000 | 5,259,000 |
| Securities available for sale | 10,055,000 | 10,328,000 | 10,067,000 | 24,325,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 341,592,000 | 350,439,000 | 370,703,000 | 370,089,000 |
| Interest-bearing deposits | 288,673,000 | 296,389,000 | 308,528,000 | 300,239,000 |
| Noninterest-bearing deposits | 52,919,000 | 54,050,000 | 62,175,000 | 69,850,000 |
| Equity capital | 35,797,000 | 36,329,000 | 36,928,000 | 37,631,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 4,277,000 | 8,714,000 | 13,208,000 | 17,825,000 |
| Interest expense | 1,477,000 | 2,980,000 | 4,356,000 | 5,733,000 |
| Net interest income | 2,800,000 | 5,734,000 | 8,852,000 | 12,092,000 |
| Noninterest income | 844,000 | 1,777,000 | 2,697,000 | 3,441,000 |
| Noninterest expense | 2,569,000 | 4,904,000 | 7,503,000 | 10,089,000 |
| Provision for loan losses | 845,000 | 1,535,000 | 1,835,000 | 2,185,000 |
| Pretax income | 421,000 | 1,263,000 | 2,402,000 | 3,450,000 |
| Income tax | 153,000 | 472,000 | 901,000 | 1,299,000 |
| Net income | 268,000 | 791,000 | 1,501,000 | 2,151,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,723,000 | 36,246,000 | 36,956,000 | 37,606,000 |
| Total capital | 40,193,000 | 40,875,000 | 41,760,000 | 42,466,000 |
| Risk-weighted assets | 357,015,000 | 369,434,000 | 383,479,000 | 388,446,000 |