Vitals
  • Total Assets
    674.1M -0.8 %
  • Total Deposits
    577.6M -1.5 %
  • Total Net Loans
    403.2M -7.8 %
  • Net Income
    2.9M 33.8 %
  • Book Value
    84.1M 4.5 %
  • Book Value x2
    168.2M 4.5 %
  • Book Value x3
    252.3M 4.5 %
ROAA

1.686

ROAE

13.913

Efficiency Ratio

58.607

Net Interest Margin

3.442

Balance Sheet Highlights
Financial Highlights Tower Bank & Trust Company All Insured Commercial Banks in Indiana
Balance Sheet $(000)
Total Assets 674,133 456,475
Total Net Loans 403,232 289,897
Total Deposits 577,570 380,182
Total Equity 84,106 47,158
Profitability
Net Income 2,868 1,049
Return on Average Assets 1.686 .865
Return on Average Equity 13.913 8.314
Net Interest Margin 3.442 3.686
Efficiency Ratio 58.607 69.09
Noninterest Income/Revenue 28.539 18.987
Balance Sheet Ratios
Loan-to-Deposit 69.815 73.004
Securities/Assets .205 .214
Total Equity/Total Assets .125 .103
Tangible Equity/Tangible Assets .121 .098
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 79,718 44,844
Tier 2 Capital 5,118 3,643
Total Capital 84,836 48,482
Total Risk Weighted Assets 475,272 315,116
Leverage Ratio 11.79 10.353
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 16.77 16.148
Total Capital Ratio 17.85 17.339

Timeline for Tower Bank & Trust Company

Old National Bank

Tower Bank & Trust Company was acquired by Old National Bank 11 years

View Profile Apr 26 2014

Tower Trust Company

Tower Trust Company became a new subsidiary organization for Tower Bank & Trust Company.

View Profile Dec 01 2009

Tower Capital Investments, Inc

Tower Capital Investments, Inc became a new subsidiary organization for Tower Bank & Trust Company.

View Profile Jul 01 2006

Tower Bank & Trust Company

Tower Bank & Trust Company was established 26 years ago and is currently headquartered in Fort Wayne, IN.

Feb 19 1999

Tower Financial Corporation

Tower Financial Corporation became a new parent organization for Tower Bank & Trust Company.

View Profile Feb 19 1999
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Old National Bank Buyer 4,175,351 Acquisition Discontinued 4/26/2014
Relationships Role Relationship Start Relationship End
Tower Financial Corporation Parent 2/19/1999 4/25/2014
Tower Trust Company Subsidary 12/1/2009 4/25/2014
Tower Capital Investments, Inc Subsidary 7/1/2006 9/30/2011
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