Call reports 2020
TOWER COMMUNITY BANK — 2020
What TOWER COMMUNITY BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 214,832,000 | 230,016,000 | 233,711,000 | 244,822,000 |
| Total loans | 161,197,000 | 175,105,000 | 183,235,000 | 184,957,000 |
| Allowance for loan losses | 1,023,000 | 1,147,000 | 1,335,000 | 1,459,000 |
| Securities available for sale | 15,902,000 | 14,817,000 | 13,067,000 | 11,546,000 |
| Securities held to maturity | 189,000 | 172,000 | 151,000 | 135,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 192,787,000 | 206,738,000 | 210,022,000 | 221,202,000 |
| Interest-bearing deposits | 155,041,000 | 163,182,000 | 163,957,000 | 173,738,000 |
| Noninterest-bearing deposits | 37,746,000 | 43,556,000 | 46,065,000 | 47,464,000 |
| Equity capital | 21,044,000 | 21,962,000 | 22,162,000 | 22,512,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,492,000 | 5,220,000 | 7,843,000 | 10,454,000 |
| Interest expense | 472,000 | 841,000 | 1,155,000 | 1,433,000 |
| Net interest income | 2,020,000 | 4,379,000 | 6,688,000 | 9,021,000 |
| Noninterest income | 1,142,000 | 2,549,000 | 3,329,000 | 4,501,000 |
| Noninterest expense | 2,587,000 | 5,216,000 | 7,871,000 | 10,731,000 |
| Provision for loan losses | 88,000 | 220,000 | 410,000 | 542,000 |
| Pretax income | 575,000 | 1,580,000 | 2,239,000 | 2,752,000 |
| Income tax | 130,000 | 387,000 | 610,000 | 849,000 |
| Net income | 421,000 | 1,154,000 | 1,573,000 | 1,834,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,049,000 | 20,655,000 | 20,915,000 | 21,636,000 |