Call reports 2021
TOWER COMMUNITY BANK — 2021
What TOWER COMMUNITY BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 260,775,000 | 250,514,000 | 254,738,000 | 268,951,000 |
| Total loans | 186,590,000 | 183,063,000 | 190,878,000 | 194,754,000 |
| Allowance for loan losses | 1,565,000 | 1,539,000 | 1,638,000 | 2,070,000 |
| Securities available for sale | 9,448,000 | 19,340,000 | 20,864,000 | 21,372,000 |
| Securities held to maturity | 120,000 | 105,000 | 91,000 | 80,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 236,275,000 | 225,223,000 | 227,762,000 | 241,106,000 |
| Interest-bearing deposits | 184,111,000 | 171,352,000 | 172,812,000 | 180,214,000 |
| Noninterest-bearing deposits | 52,164,000 | 53,871,000 | 54,950,000 | 60,892,000 |
| Equity capital | 22,972,000 | 23,669,000 | 25,607,000 | 26,738,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,694,000 | 5,655,000 | 8,290,000 | 11,007,000 |
| Interest expense | 234,000 | 420,000 | 592,000 | 759,000 |
| Net interest income | 2,460,000 | 5,235,000 | 7,698,000 | 10,248,000 |
| Noninterest income | 1,136,000 | 2,503,000 | 3,484,000 | 5,799,000 |
| Noninterest expense | 2,510,000 | 5,208,000 | 7,882,000 | 10,738,000 |
| Provision for loan losses | 105,000 | 210,000 | 315,000 | 745,000 |
| Pretax income | 981,000 | 2,320,000 | 2,985,000 | 4,564,000 |
| Income tax | 329,000 | 749,000 | 923,000 | 1,178,000 |
| Net income | 633,000 | 1,534,000 | 2,010,000 | 3,320,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,129,000 | 22,859,000 | 24,833,000 | 26,065,000 |