Call reports 2007
TOWER BANK & TRUST COMPANY — 2007
What TOWER BANK & TRUST COMPANY reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 681,407,000 | 700,495,000 | 704,877,000 | 703,686,000 |
| Total loans | 568,481,000 | 591,238,000 | 583,909,000 | 578,934,000 |
| Allowance for loan losses | 7,663,000 | 7,176,000 | 7,180,000 | 8,208,000 |
| Securities available for sale | 67,897,000 | 67,896,000 | 69,046,000 | 64,528,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 603,873,000 | 607,789,000 | 601,318,000 | 607,920,000 |
| Interest-bearing deposits | 524,658,000 | 522,552,000 | 521,116,000 | 531,548,000 |
| Noninterest-bearing deposits | 79,215,000 | 85,237,000 | 80,202,000 | 76,372,000 |
| Equity capital | 53,279,000 | 54,913,000 | 56,008,000 | 55,946,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 11,318,000 | 23,374,000 | 35,450,000 | 46,900,000 |
| Interest expense | 5,826,000 | 12,042,000 | 18,378,000 | 24,362,000 |
| Net interest income | 5,492,000 | 11,332,000 | 17,072,000 | 22,538,000 |
| Noninterest income | 646,000 | 1,365,000 | 2,071,000 | 2,602,000 |
| Noninterest expense | 4,398,000 | 8,956,000 | 13,164,000 | 17,475,000 |
| Provision for loan losses | 1,425,000 | 2,925,000 | 8,171,000 | 10,996,000 |
| Pretax income | 315,000 | 814,000 | -2,235,000 | -3,334,000 |
| Income tax | 23,000 | 110,000 | -860,000 | -1,445,000 |
| Net income | 292,000 | 704,000 | -1,375,000 | -1,889,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,353,000 | 55,765,000 | 56,185,000 | 55,671,000 |
| Total capital | 60,614,000 | 62,941,000 | 63,365,000 | 63,086,000 |
| Risk-weighted assets | 580,687,000 | 600,459,000 | 593,786,000 | 592,484,000 |