Call reports 2018
TOWER COMMUNITY BANK — 2018
What TOWER COMMUNITY BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 170,838,000 | 189,556,000 | 189,874,000 | 200,306,000 |
| Total loans | 119,385,000 | 135,261,000 | 141,243,000 | 146,385,000 |
| Allowance for loan losses | 718,000 | 713,000 | 753,000 | 736,000 |
| Securities available for sale | 22,288,000 | 21,836,000 | 21,308,000 | 17,757,000 |
| Securities held to maturity | 346,000 | 323,000 | 301,000 | 281,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 156,165,000 | 157,241,000 | 163,838,000 | 173,796,000 |
| Interest-bearing deposits | 130,257,000 | 127,401,000 | 135,649,000 | 144,448,000 |
| Noninterest-bearing deposits | 25,908,000 | 29,840,000 | 28,189,000 | 29,348,000 |
| Equity capital | 14,087,000 | 14,742,000 | 18,258,000 | 18,897,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,820,000 | 3,777,000 | 5,975,000 | 8,185,000 |
| Interest expense | 203,000 | 429,000 | 788,000 | 1,220,000 |
| Net interest income | 1,617,000 | 3,348,000 | 5,187,000 | 6,965,000 |
| Noninterest income | 852,000 | 1,713,000 | 2,611,000 | 3,474,000 |
| Noninterest expense | 2,248,000 | 4,559,000 | 6,944,000 | 9,333,000 |
| Provision for loan losses | 30,000 | 75,000 | 120,000 | 165,000 |
| Pretax income | 191,000 | 427,000 | 734,000 | 887,000 |
| Income tax | 12,000 | 26,000 | 58,000 | -10,000 |
| Net income | 166,000 | 385,000 | 665,000 | 886,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,097,000 | 13,858,000 | 17,529,000 | 17,985,000 |
| Total capital | 13,815,000 | 14,571,000 | 18,282,000 | 18,721,000 |
| Risk-weighted assets | 135,998,000 | 149,303,000 | 151,678,000 | 153,167,000 |