|
 |
|
|
 Tower Community Bank
Tower Community Bank
| RSSD ID 989730 | CERTIFICATE 20100 | ABA NUMBER 64101660 |
| 4564 Main St |
Quarter Ended : |
2025-03-31 |
| Jasper, Tennessee, 37347 |
Updated : |
2025-05-06 |
| www.towercommunitybank.com |
|
| Institution Profile |
| Year Opened : |
1970 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
12 |
Number of Employees : |
75 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 400,715 |
|
Total Interest Income | 5,917 |
| Total Liabilities | 361,971 |
|
Total NonInterest Income | 956 |
| Total Bank Equity Capital | 38,254 |
|
Total Interest Expense | 1,983 |
| Total Deposits | 351,809 |
|
Total NonInterest Expense | 3,348 |
| Net Loans & Leases | 298,120 |
|
Net Income | 913 |
| Loan Loss Allowance | 2,821 |
|
Net Charge Offs | 618 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
|
Total loans | 298,861 |
| Total assets for the leverage ratio | 396,681 |
|
Loans secured by real estate: | 274,554 |
| Tier 1 Leverage Ratio | 9.33 |
|
Commercial and industrial loans | 16,678 |
| Off Balance Sheet Exposures (%) | 7.86 |
|
Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
|
Loans to individuals - Other | 6,236 |
|
|
|
|
:· Tower Community Bank
