Call reports 2022
TOWER COMMUNITY BANK — 2022
What TOWER COMMUNITY BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 279,832,000 | 305,781,000 | 337,137,000 | 364,587,000 |
| Total loans | 194,818,000 | 221,635,000 | 255,833,000 | 285,243,000 |
| Allowance for loan losses | 2,085,000 | 2,120,000 | 2,182,000 | 2,415,000 |
| Securities available for sale | 43,084,000 | 48,601,000 | 47,256,000 | 39,755,000 |
| Securities held to maturity | 70,000 | 59,000 | 50,000 | 42,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 251,825,000 | 267,702,000 | 296,494,000 | 322,895,000 |
| Interest-bearing deposits | 189,230,000 | 201,146,000 | 232,577,000 | 264,942,000 |
| Noninterest-bearing deposits | 62,595,000 | 66,556,000 | 63,917,000 | 57,953,000 |
| Equity capital | 26,349,000 | 27,681,000 | 28,734,000 | 31,892,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,728,000 | 6,027,000 | 9,890,000 | 14,749,000 |
| Interest expense | 162,000 | 322,000 | 673,000 | 1,330,000 |
| Net interest income | 2,566,000 | 5,705,000 | 9,217,000 | 13,419,000 |
| Noninterest income | 1,097,000 | 2,032,000 | 3,089,000 | 3,922,000 |
| Noninterest expense | 2,798,000 | 5,897,000 | 9,160,000 | 12,972,000 |
| Provision for loan losses | 18,000 | 48,000 | 108,000 | 339,000 |
| Pretax income | 847,000 | 1,792,000 | 3,038,000 | 4,030,000 |
| Income tax | 281,000 | 575,000 | 922,000 | 1,187,000 |
| Net income | 531,000 | 1,171,000 | 2,051,000 | 2,755,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,046,000 | 27,781,000 | 29,458,000 | 32,428,000 |