Call reports 2008
TOWER COMMUNITY BANK — 2008
What TOWER COMMUNITY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 63,940,000 | 62,149,000 | 62,598,000 | 64,445,000 |
| Total loans | 44,264,000 | 43,894,000 | 45,870,000 | 47,229,000 |
| Allowance for loan losses | 385,000 | 375,000 | 358,000 | 383,000 |
| Securities available for sale | 5,886,000 | 5,714,000 | 5,722,000 | 5,904,000 |
| Securities held to maturity | 1,547,000 | 1,547,000 | 1,547,000 | 600,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,394,000 | 56,753,000 | 57,156,000 | 57,096,000 |
| Interest-bearing deposits | 47,132,000 | 41,973,000 | 43,203,000 | 45,970,000 |
| Noninterest-bearing deposits | 11,262,000 | 14,780,000 | 13,953,000 | 11,126,000 |
| Equity capital | 5,219,000 | 5,128,000 | 5,193,000 | 5,128,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,091,000 | 2,128,000 | 3,152,000 | 4,186,000 |
| Interest expense | 345,000 | 638,000 | 894,000 | 1,141,000 |
| Net interest income | 746,000 | 1,490,000 | 2,258,000 | 3,045,000 |
| Noninterest income | 295,000 | 598,000 | 866,000 | 1,122,000 |
| Noninterest expense | 929,000 | 1,884,000 | 2,827,000 | 3,818,000 |
| Provision for loan losses | 0 | 0 | 0 | 65,000 |
| Pretax income | 114,000 | 206,000 | 287,000 | 303,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 114,000 | 206,000 | 287,000 | 303,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,157,000 | 5,149,000 | 5,154,000 | 5,070,000 |
| Total capital | 5,542,000 | 5,524,000 | 5,512,000 | 5,453,000 |
| Risk-weighted assets | 45,627,000 | 45,189,000 | 45,199,000 | 47,088,000 |