Call reports 2017
TOWER COMMUNITY BANK — 2017
What TOWER COMMUNITY BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 157,968,000 | 154,630,000 | 160,374,000 | 166,857,000 |
| Total loans | 104,666,000 | 104,562,000 | 107,304,000 | 113,059,000 |
| Allowance for loan losses | 672,000 | 672,000 | 679,000 | 700,000 |
| Securities available for sale | 21,768,000 | 21,734,000 | 21,361,000 | 20,758,000 |
| Securities held to maturity | 460,000 | 429,000 | 400,000 | 371,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 144,208,000 | 135,595,000 | 135,156,000 | 150,438,000 |
| Interest-bearing deposits | 115,427,000 | 109,546,000 | 109,000,000 | 125,796,000 |
| Noninterest-bearing deposits | 28,781,000 | 26,049,000 | 26,156,000 | 24,642,000 |
| Equity capital | 12,839,000 | 13,016,000 | 13,078,000 | 13,808,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,586,000 | 3,230,000 | 4,929,000 | 6,736,000 |
| Interest expense | 150,000 | 303,000 | 464,000 | 671,000 |
| Net interest income | 1,436,000 | 2,927,000 | 4,465,000 | 6,065,000 |
| Noninterest income | 555,000 | 1,129,000 | 1,699,000 | 2,622,000 |
| Noninterest expense | 1,797,000 | 3,709,000 | 5,706,000 | 8,171,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 80,000 |
| Pretax income | 179,000 | 317,000 | 413,000 | 436,000 |
| Income tax | 35,000 | 46,000 | 54,000 | -179,000 |
| Net income | 137,000 | 260,000 | 349,000 | 613,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,654,000 | 11,749,000 | 11,897,000 | 12,869,000 |
| Total capital | 12,326,000 | 12,421,000 | 12,576,000 | 13,569,000 |
| Risk-weighted assets | 111,648,000 | 113,045,000 | 124,809,000 | 124,326,000 |