Call reports 2004
TOWER COMMUNITY BANK — 2004
What TOWER COMMUNITY BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 56,900,000 | 58,149,000 | 58,629,000 | 58,602,000 |
| Total loans | 36,407,000 | 38,257,000 | 37,956,000 | 37,874,000 |
| Allowance for loan losses | 441,000 | 440,000 | 443,000 | 418,000 |
| Securities available for sale | 8,237,000 | 8,729,000 | 8,258,000 | 12,123,000 |
| Securities held to maturity | 1,970,000 | 4,026,000 | 2,023,000 | 2,028,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,505,000 | 53,908,000 | 54,044,000 | 53,977,000 |
| Interest-bearing deposits | 43,985,000 | 44,796,000 | 44,654,000 | 44,256,000 |
| Noninterest-bearing deposits | 8,520,000 | 9,112,000 | 9,390,000 | 9,721,000 |
| Equity capital | 4,281,000 | 4,156,000 | 4,441,000 | 4,489,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 835,000 | 1,680,000 | 2,563,000 | 3,462,000 |
| Interest expense | 175,000 | 353,000 | 532,000 | 716,000 |
| Net interest income | 660,000 | 1,327,000 | 2,031,000 | 2,746,000 |
| Noninterest income | 235,000 | 562,000 | 818,000 | 1,005,000 |
| Noninterest expense | 792,000 | 1,612,000 | 2,430,000 | 3,270,000 |
| Provision for loan losses | 0 | 0 | 15,000 | 0 |
| Pretax income | 130,000 | 304,000 | 453,000 | 530,000 |
| Income tax | 13,000 | 25,000 | 37,000 | 47,000 |
| Net income | 117,000 | 279,000 | 416,000 | 483,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,181,000 | 4,293,000 | 4,430,000 | 4,496,000 |
| Total capital | 4,622,000 | 4,733,000 | 4,873,000 | 4,914,000 |
| Risk-weighted assets | 36,652,000 | 38,233,000 | 38,135,000 | 38,403,000 |