Call reports 2002
TOWER COMMUNITY BANK — 2002
What TOWER COMMUNITY BANK 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 | 55,199,000 | 53,656,000 | 53,653,000 | 53,145,000 |
| Total loans | 32,157,000 | 33,166,000 | 31,994,000 | 31,846,000 |
| Allowance for loan losses | 487,000 | 479,000 | 480,000 | 477,000 |
| Securities available for sale | 11,358,000 | 11,036,000 | 12,283,000 | 12,243,000 |
| Securities held to maturity | 553,000 | 467,000 | 401,000 | 337,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,729,000 | 48,814,000 | 48,832,000 | 48,299,000 |
| Interest-bearing deposits | 42,179,000 | 41,034,000 | 40,598,000 | 40,460,000 |
| Noninterest-bearing deposits | 8,550,000 | 7,780,000 | 8,234,000 | 7,839,000 |
| Equity capital | 4,309,000 | 4,657,000 | 4,680,000 | 4,716,000 |
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 | 941,000 | 1,872,000 | 2,777,000 | 3,663,000 |
| Interest expense | 268,000 | 517,000 | 750,000 | 974,000 |
| Net interest income | 673,000 | 1,355,000 | 2,027,000 | 2,689,000 |
| Noninterest income | 193,000 | 364,000 | 567,000 | 781,000 |
| Noninterest expense | 658,000 | 1,291,000 | 1,977,000 | 2,769,000 |
| Provision for loan losses | 15,000 | 40,000 | 55,000 | 55,000 |
| Pretax income | 193,000 | 388,000 | 582,000 | 666,000 |
| Income tax | 15,000 | 30,000 | 45,000 | 56,000 |
| Net income | 178,000 | 358,000 | 537,000 | 610,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,328,000 | 4,508,000 | 4,478,000 | 4,532,000 |
| Total capital | 4,730,000 | 4,917,000 | 4,878,000 | 4,930,000 |
| Risk-weighted assets | 32,064,000 | 32,633,000 | 31,900,000 | 32,047,000 |