Call reports 2016
TOWER COMMUNITY BANK — 2016
What TOWER COMMUNITY BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 144,670,000 | 148,776,000 | 148,362,000 | 156,914,000 |
| Total loans | 88,020,000 | 94,317,000 | 102,053,000 | 106,652,000 |
| Allowance for loan losses | 661,000 | 656,000 | 629,000 | 661,000 |
| Securities available for sale | 22,589,000 | 19,404,000 | 19,232,000 | 19,930,000 |
| Securities held to maturity | 1,609,000 | 566,000 | 529,000 | 492,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,236,000 | 130,972,000 | 130,916,000 | 141,749,000 |
| Interest-bearing deposits | 100,011,000 | 99,379,000 | 102,208,000 | 115,106,000 |
| Noninterest-bearing deposits | 33,225,000 | 31,593,000 | 28,708,000 | 26,643,000 |
| Equity capital | 11,092,000 | 13,177,000 | 13,348,000 | 12,622,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,493,000 | 3,048,000 | 4,607,000 | 6,399,000 |
| Interest expense | 118,000 | 234,000 | 359,000 | 499,000 |
| Net interest income | 1,375,000 | 2,814,000 | 4,248,000 | 5,900,000 |
| Noninterest income | 347,000 | 733,000 | 1,114,000 | 1,846,000 |
| Noninterest expense | 1,545,000 | 3,083,000 | 4,654,000 | 7,054,000 |
| Provision for loan losses | 35,000 | 80,000 | 135,000 | 195,000 |
| Pretax income | 151,000 | 428,000 | 617,000 | 541,000 |
| Income tax | 0 | 0 | 33,000 | 168,000 |
| Net income | 151,000 | 428,000 | 584,000 | 389,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,468,000 | 11,381,000 | 11,559,000 | 11,426,000 |
| Total capital | 11,129,000 | 12,037,000 | 12,188,000 | 12,087,000 |
| Risk-weighted assets | 92,183,000 | 99,336,000 | 108,918,000 | 115,220,000 |