Call reports 2006
TOWER BANK & TRUST COMPANY — 2006
What TOWER BANK & TRUST COMPANY reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 571,975,000 | 608,548,000 | 642,322,000 | 669,563,000 |
| Total loans | 473,998,000 | 506,077,000 | 533,057,000 | 550,450,000 |
| Allowance for loan losses | 6,062,000 | 6,174,000 | 6,581,000 | 6,870,000 |
| Securities available for sale | 53,839,000 | 56,377,000 | 59,668,000 | 69,492,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 481,103,000 | 519,022,000 | 562,895,000 | 600,811,000 |
| Interest-bearing deposits | 396,990,000 | 440,566,000 | 477,106,000 | 508,998,000 |
| Noninterest-bearing deposits | 84,113,000 | 78,456,000 | 85,790,000 | 91,813,000 |
| Equity capital | 49,811,000 | 50,253,000 | 51,943,000 | 52,958,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 8,904,000 | 18,811,000 | 29,686,000 | 40,949,000 |
| Interest expense | 3,946,000 | 8,705,000 | 14,219,000 | 19,977,000 |
| Net interest income | 4,958,000 | 10,106,000 | 15,467,000 | 20,972,000 |
| Noninterest income | 3,566,000 | 4,020,000 | 4,547,000 | 5,164,000 |
| Noninterest expense | 3,448,000 | 7,173,000 | 10,991,000 | 15,519,000 |
| Provision for loan losses | 575,000 | 1,050,000 | 1,695,000 | 2,195,000 |
| Pretax income | 4,501,000 | 5,903,000 | 7,328,000 | 8,422,000 |
| Income tax | 508,000 | 912,000 | 1,350,000 | 1,579,000 |
| Net income | 3,993,000 | 4,991,000 | 5,978,000 | 6,843,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,211,000 | 51,208,000 | 52,196,000 | 53,060,000 |
| Total capital | 56,273,000 | 57,382,000 | 58,777,000 | 59,930,000 |
| Risk-weighted assets | 502,652,000 | 525,732,000 | 550,960,000 | 566,702,000 |