Call reports 2013
TOWER BANK & TRUST COMPANY — 2013
What TOWER BANK & TRUST COMPANY reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 679,429,000 | 681,266,000 | 702,762,000 | 692,841,000 |
| Total loans | 444,836,000 | 443,840,000 | 454,402,000 | 457,964,000 |
| Allowance for loan losses | 7,664,000 | 7,792,000 | 6,808,000 | 5,715,000 |
| Securities available for sale | 176,223,000 | 178,627,000 | 184,380,000 | 142,634,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 586,235,000 | 582,312,000 | 590,563,000 | 598,620,000 |
| Interest-bearing deposits | 474,562,000 | 475,502,000 | 479,407,000 | 487,685,000 |
| Noninterest-bearing deposits | 111,673,000 | 106,810,000 | 111,156,000 | 110,935,000 |
| Equity capital | 80,466,000 | 78,575,000 | 79,324,000 | 80,809,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 5,792,000 | 11,712,000 | 17,524,000 | 23,425,000 |
| Interest expense | 640,000 | 1,286,000 | 1,883,000 | 2,479,000 |
| Net interest income | 5,152,000 | 10,426,000 | 15,641,000 | 20,946,000 |
| Noninterest income | 2,417,000 | 4,803,000 | 7,395,000 | 9,723,000 |
| Noninterest expense | 5,187,000 | 10,237,000 | 15,574,000 | 21,163,000 |
| Provision for loan losses | -275,000 | 25,000 | -825,000 | -1,975,000 |
| Pretax income | 3,065,000 | 5,408,000 | 8,728,000 | 12,681,000 |
| Income tax | 921,000 | 1,534,000 | 2,485,000 | 3,715,000 |
| Net income | 2,144,000 | 3,874,000 | 6,243,000 | 8,966,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,590,000 | 74,993,000 | 75,822,000 | 78,171,000 |
| Total capital | 79,966,000 | 81,436,000 | 82,468,000 | 83,886,000 |
| Risk-weighted assets | 508,794,000 | 514,098,000 | 531,529,000 | 528,007,000 |