Call reports 2019
TOWER COMMUNITY BANK — 2019
What TOWER COMMUNITY BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 203,343,000 | 212,345,000 | 207,970,000 | 215,751,000 |
| Total loans | 150,795,000 | 155,447,000 | 156,136,000 | 158,344,000 |
| Allowance for loan losses | 795,000 | 831,000 | 867,000 | 932,000 |
| Securities available for sale | 19,549,000 | 19,441,000 | 19,510,000 | 19,508,000 |
| Securities held to maturity | 262,000 | 242,000 | 225,000 | 207,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 182,725,000 | 189,207,000 | 186,216,000 | 194,117,000 |
| Interest-bearing deposits | 153,490,000 | 155,620,000 | 154,269,000 | 162,891,000 |
| Noninterest-bearing deposits | 29,235,000 | 33,587,000 | 31,947,000 | 31,226,000 |
| Equity capital | 19,818,000 | 20,283,000 | 20,642,000 | 20,569,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,311,000 | 4,641,000 | 7,029,000 | 9,429,000 |
| Interest expense | 443,000 | 899,000 | 1,378,000 | 1,866,000 |
| Net interest income | 1,868,000 | 3,742,000 | 5,651,000 | 7,563,000 |
| Noninterest income | 915,000 | 1,843,000 | 2,965,000 | 3,975,000 |
| Noninterest expense | 2,251,000 | 4,583,000 | 6,996,000 | 9,594,000 |
| Provision for loan losses | 60,000 | 128,000 | 238,000 | 298,000 |
| Pretax income | 472,000 | 874,000 | 1,398,000 | 1,662,000 |
| Income tax | 87,000 | 160,000 | 250,000 | 466,000 |
| Net income | 364,000 | 681,000 | 1,102,000 | 1,140,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,653,000 | 18,944,000 | 19,336,000 | 19,372,000 |
| Total capital | 19,448,000 | 19,775,000 | 20,203,000 | 20,304,000 |
| Risk-weighted assets | 159,227,000 | 172,191,000 | 171,107,000 | 174,238,000 |