TOWNEBANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan TOWNEBANK STOCK AND SAVINGS PLAN
Measure | Date | Value |
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2022 : TOWNEBANK STOCK AND SAVINGS PLAN 2022 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $-490,328 |
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-490,328 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-13,682,218 |
Total loss/gain on sale of assets | 2022-12-31 | $-119,539 |
Total of all expenses incurred | 2022-12-31 | $19,161,669 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $18,757,031 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $15,558 |
Value of total corrective distributions | 2022-12-31 | $19,470 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $26,020,027 |
Value of total assets at end of year | 2022-12-31 | $244,657,805 |
Value of total assets at beginning of year | 2022-12-31 | $277,501,692 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $369,610 |
Total interest from all sources | 2022-12-31 | $192,271 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $1,565,135 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $842,468 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $17,086,598 |
Participant contributions at end of year | 2022-12-31 | $3,450,145 |
Participant contributions at beginning of year | 2022-12-31 | $3,271,293 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $3,360,514 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2022-12-31 | $2,395 |
Other income not declared elsewhere | 2022-12-31 | $411 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-32,843,887 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $244,657,805 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $277,501,692 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Investment advisory and management fees | 2022-12-31 | $62,155 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $51,223,496 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $58,154,014 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $24,864,986 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $30,611,513 |
Interest on participant loans | 2022-12-31 | $192,271 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $138,893,179 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $158,444,568 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-11,462,255 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-5,703,267 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $-23,684,673 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Assets. Invements in employer securities at end of year | 2022-12-31 | $25,869,769 |
Assets. Invements in employer securities at beginning of year | 2022-12-31 | $26,535,050 |
Contributions received in cash from employer | 2022-12-31 | $5,572,915 |
Employer contributions (assets) at end of year | 2022-12-31 | $356,230 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $485,254 |
Income. Dividends from common stock | 2022-12-31 | $722,667 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $18,754,636 |
Contract administrator fees | 2022-12-31 | $307,455 |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Aggregate proceeds on sale of assets | 2022-12-31 | $2,277,261 |
Aggregate carrying amount (costs) on sale of assets | 2022-12-31 | $2,396,800 |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | FORVIS, LLP |
Accountancy firm EIN | 2022-12-31 | 440160260 |
2021 : TOWNEBANK STOCK AND SAVINGS PLAN 2021 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $6,382,573 |
Total unrealized appreciation/depreciation of assets | 2021-12-31 | $6,382,573 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $65,890,671 |
Total loss/gain on sale of assets | 2021-12-31 | $778,325 |
Total of all expenses incurred | 2021-12-31 | $19,169,933 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $18,742,796 |
Value of total corrective distributions | 2021-12-31 | $31,197 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $27,741,056 |
Value of total assets at end of year | 2021-12-31 | $277,501,692 |
Value of total assets at beginning of year | 2021-12-31 | $230,780,954 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $395,940 |
Total interest from all sources | 2021-12-31 | $336,200 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $1,318,153 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $663,687 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $17,394,323 |
Participant contributions at end of year | 2021-12-31 | $3,271,293 |
Participant contributions at beginning of year | 2021-12-31 | $2,926,349 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $4,228,602 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2021-12-31 | $82 |
Other income not declared elsewhere | 2021-12-31 | $2,139 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $46,720,738 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $277,501,692 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $230,780,954 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Investment advisory and management fees | 2021-12-31 | $60,930 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $58,154,014 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $49,489,510 |
Value of interest in pooled separate accounts at end of year | 2021-12-31 | $30,611,513 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $22,275,175 |
Interest on participant loans | 2021-12-31 | $185,942 |
Interest earned on other investments | 2021-12-31 | $150,258 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $158,444,568 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $119,820,020 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $15,124,646 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $6,651,005 |
Net investment gain/loss from pooled separate accounts | 2021-12-31 | $5,803,696 |
Net investment gain or loss from common/collective trusts | 2021-12-31 | $16,877,524 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Assets. Invements in employer securities at end of year | 2021-12-31 | $26,535,050 |
Assets. Invements in employer securities at beginning of year | 2021-12-31 | $20,933,758 |
Contributions received in cash from employer | 2021-12-31 | $6,118,131 |
Employer contributions (assets) at end of year | 2021-12-31 | $485,254 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $211,496 |
Income. Dividends from common stock | 2021-12-31 | $654,466 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $18,742,714 |
Contract administrator fees | 2021-12-31 | $335,010 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Aggregate proceeds on sale of assets | 2021-12-31 | $3,641,132 |
Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $2,862,807 |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | FORVIS, LLP |
Accountancy firm EIN | 2021-12-31 | 440160260 |
2020 : TOWNEBANK STOCK AND SAVINGS PLAN 2020 401k financial data |
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Unrealized appreciation/depreciation of real estate assets | 2020-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $-2,884,557 |
Total unrealized appreciation/depreciation of assets | 2020-12-31 | $-2,884,557 |
Total transfer of assets to this plan | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $46,905,680 |
Total loss/gain on sale of assets | 2020-12-31 | $-1,008,051 |
Total of all expenses incurred | 2020-12-31 | $11,738,293 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $11,358,910 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $0 |
Value of total corrective distributions | 2020-12-31 | $38,410 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $22,801,395 |
Value of total assets at end of year | 2020-12-31 | $230,780,954 |
Value of total assets at beginning of year | 2020-12-31 | $195,613,567 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $340,973 |
Total income from rents | 2020-12-31 | $0 |
Total interest from all sources | 2020-12-31 | $426,269 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $1,120,629 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $464,386 |
Administrative expenses professional fees incurred | 2020-12-31 | $0 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2020-12-31 | $0 |
Contributions received from participants | 2020-12-31 | $15,881,719 |
Participant contributions at end of year | 2020-12-31 | $2,926,349 |
Participant contributions at beginning of year | 2020-12-31 | $3,152,539 |
Participant contributions at end of year | 2020-12-31 | $0 |
Participant contributions at beginning of year | 2020-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $1,615,880 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-12-31 | $1,394 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $0 |
Other income not declared elsewhere | 2020-12-31 | $312 |
Administrative expenses (other) incurred | 2020-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $35,167,387 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $230,780,954 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $195,613,567 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2020-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2020-12-31 | $0 |
Investment advisory and management fees | 2020-12-31 | $42,352 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $49,489,510 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $38,970,895 |
Value of interest in pooled separate accounts at end of year | 2020-12-31 | $22,275,175 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $24,519,353 |
Interest on participant loans | 2020-12-31 | $200,862 |
Income. Interest from loans (other than to participants) | 2020-12-31 | $0 |
Interest earned on other investments | 2020-12-31 | $225,407 |
Income. Interest from US Government securities | 2020-12-31 | $0 |
Income. Interest from corporate debt instruments | 2020-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $119,820,020 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $94,237,312 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $15,124,646 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $9,400,181 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $7,741,328 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $4,189,219 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $14,519,136 |
Net gain/loss from 103.12 investment entities | 2020-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Assets. Invements in employer securities at end of year | 2020-12-31 | $20,933,758 |
Assets. Invements in employer securities at beginning of year | 2020-12-31 | $25,197,682 |
Contributions received in cash from employer | 2020-12-31 | $5,303,796 |
Employer contributions (assets) at end of year | 2020-12-31 | $211,496 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $135,605 |
Income. Dividends from preferred stock | 2020-12-31 | $0 |
Income. Dividends from common stock | 2020-12-31 | $656,243 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $11,357,516 |
Contract administrator fees | 2020-12-31 | $298,621 |
Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $0 |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Aggregate proceeds on sale of assets | 2020-12-31 | $2,715,281 |
Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $3,723,332 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2020-12-31 | $0 |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | DIXON HUGHES GOODMAN LLP |
Accountancy firm EIN | 2020-12-31 | 560747981 |
2019 : TOWNEBANK STOCK AND SAVINGS PLAN 2019 401k financial data |
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Unrealized appreciation/depreciation of real estate assets | 2019-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $3,326,812 |
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $3,326,812 |
Total transfer of assets to this plan | 2019-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $54,764,014 |
Total loss/gain on sale of assets | 2019-12-31 | $338,743 |
Total of all expenses incurred | 2019-12-31 | $14,848,742 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $14,513,269 |
Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $0 |
Value of total corrective distributions | 2019-12-31 | $37,409 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $21,331,376 |
Value of total assets at end of year | 2019-12-31 | $195,613,567 |
Value of total assets at beginning of year | 2019-12-31 | $155,698,295 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $298,064 |
Total income from rents | 2019-12-31 | $0 |
Total interest from all sources | 2019-12-31 | $344,309 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $1,195,793 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $561,758 |
Administrative expenses professional fees incurred | 2019-12-31 | $0 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2019-12-31 | $0 |
Contributions received from participants | 2019-12-31 | $13,743,052 |
Participant contributions at end of year | 2019-12-31 | $3,152,539 |
Participant contributions at beginning of year | 2019-12-31 | $2,757,411 |
Participant contributions at end of year | 2019-12-31 | $0 |
Participant contributions at beginning of year | 2019-12-31 | $404,035 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $2,851,977 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2019-12-31 | $556 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $0 |
Other income not declared elsewhere | 2019-12-31 | $270 |
Administrative expenses (other) incurred | 2019-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $39,915,272 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $195,613,567 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $155,698,295 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2019-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2019-12-31 | $0 |
Investment advisory and management fees | 2019-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $38,970,895 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $29,837,662 |
Value of interest in pooled separate accounts at end of year | 2019-12-31 | $24,519,353 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $18,579,682 |
Interest on participant loans | 2019-12-31 | $189,471 |
Income. Interest from loans (other than to participants) | 2019-12-31 | $0 |
Interest earned on other investments | 2019-12-31 | $154,838 |
Income. Interest from US Government securities | 2019-12-31 | $0 |
Income. Interest from corporate debt instruments | 2019-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $94,237,312 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $71,702,168 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $9,400,181 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $8,517,241 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $7,423,572 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $5,544,002 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $15,259,137 |
Net gain/loss from 103.12 investment entities | 2019-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Assets. Invements in employer securities at end of year | 2019-12-31 | $25,197,682 |
Assets. Invements in employer securities at beginning of year | 2019-12-31 | $22,736,704 |
Contributions received in cash from employer | 2019-12-31 | $4,736,347 |
Employer contributions (assets) at end of year | 2019-12-31 | $135,605 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $1,163,392 |
Income. Dividends from preferred stock | 2019-12-31 | $0 |
Income. Dividends from common stock | 2019-12-31 | $634,035 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $14,512,713 |
Contract administrator fees | 2019-12-31 | $298,064 |
Liabilities. Value of benefit claims payable at beginning of year | 2019-12-31 | $0 |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Aggregate proceeds on sale of assets | 2019-12-31 | $3,092,624 |
Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $2,753,881 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2019-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | DIXON, HUGHES, GOODMAN LLC |
Accountancy firm EIN | 2019-12-31 | 560747981 |
2018 : TOWNEBANK STOCK AND SAVINGS PLAN 2018 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2018-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-6,458,795 |
Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-6,458,795 |
Total transfer of assets to this plan | 2018-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $7,019,269 |
Total loss/gain on sale of assets | 2018-12-31 | $549 |
Total of all expenses incurred | 2018-12-31 | $13,421,776 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $13,115,588 |
Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $0 |
Value of total corrective distributions | 2018-12-31 | $26,648 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $21,321,029 |
Value of total assets at end of year | 2018-12-31 | $155,698,295 |
Value of total assets at beginning of year | 2018-12-31 | $162,100,802 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $279,540 |
Total income from rents | 2018-12-31 | $0 |
Total interest from all sources | 2018-12-31 | $294,537 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $1,122,209 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $548,104 |
Administrative expenses professional fees incurred | 2018-12-31 | $0 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2018-12-31 | $0 |
Contributions received from participants | 2018-12-31 | $12,695,727 |
Participant contributions at end of year | 2018-12-31 | $2,757,411 |
Participant contributions at beginning of year | 2018-12-31 | $2,231,170 |
Participant contributions at end of year | 2018-12-31 | $404,035 |
Participant contributions at beginning of year | 2018-12-31 | $345,254 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $3,991,420 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2018-12-31 | $12,267 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $0 |
Other income not declared elsewhere | 2018-12-31 | $112 |
Administrative expenses (other) incurred | 2018-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-6,402,507 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $155,698,295 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $162,100,802 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2018-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2018-12-31 | $0 |
Investment advisory and management fees | 2018-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $29,837,662 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $29,831,039 |
Value of interest in pooled separate accounts at end of year | 2018-12-31 | $18,579,682 |
Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $18,184,450 |
Interest on participant loans | 2018-12-31 | $149,550 |
Income. Interest from loans (other than to participants) | 2018-12-31 | $0 |
Interest earned on other investments | 2018-12-31 | $144,987 |
Income. Interest from US Government securities | 2018-12-31 | $0 |
Income. Interest from corporate debt instruments | 2018-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2018-12-31 | $71,702,168 |
Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $72,200,875 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $8,517,241 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $8,376,246 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2018-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-2,799,442 |
Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-1,071,518 |
Net investment gain or loss from common/collective trusts | 2018-12-31 | $-5,389,412 |
Net gain/loss from 103.12 investment entities | 2018-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Assets. Invements in employer securities at end of year | 2018-12-31 | $22,736,704 |
Assets. Invements in employer securities at beginning of year | 2018-12-31 | $30,122,605 |
Contributions received in cash from employer | 2018-12-31 | $4,633,882 |
Employer contributions (assets) at end of year | 2018-12-31 | $1,163,392 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $809,163 |
Income. Dividends from preferred stock | 2018-12-31 | $0 |
Income. Dividends from common stock | 2018-12-31 | $574,105 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $13,103,321 |
Contract administrator fees | 2018-12-31 | $279,540 |
Liabilities. Value of benefit claims payable at beginning of year | 2018-12-31 | $0 |
Did the plan have assets held for investment | 2018-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Aggregate proceeds on sale of assets | 2018-12-31 | $2,676,983 |
Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $2,676,434 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2018-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | DIXON, HUGHES, GOODMAN LLC |
Accountancy firm EIN | 2018-12-31 | 560747981 |
2017 : TOWNEBANK STOCK AND SAVINGS PLAN 2017 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2017-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $-2,410,390 |
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $-2,410,390 |
Total transfer of assets to this plan | 2017-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $34,279,338 |
Total loss/gain on sale of assets | 2017-12-31 | $-106,375 |
Total of all expenses incurred | 2017-12-31 | $8,045,781 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $7,885,745 |
Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $0 |
Value of total corrective distributions | 2017-12-31 | $26,934 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $19,103,706 |
Value of total assets at end of year | 2017-12-31 | $162,100,802 |
Value of total assets at beginning of year | 2017-12-31 | $135,867,245 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $133,102 |
Total income from rents | 2017-12-31 | $0 |
Total interest from all sources | 2017-12-31 | $238,958 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $902,913 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $364,608 |
Administrative expenses professional fees incurred | 2017-12-31 | $0 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2017-12-31 | $0 |
Contributions received from participants | 2017-12-31 | $11,380,693 |
Participant contributions at end of year | 2017-12-31 | $2,231,170 |
Participant contributions at beginning of year | 2017-12-31 | $1,879,094 |
Participant contributions at end of year | 2017-12-31 | $345,254 |
Participant contributions at beginning of year | 2017-12-31 | $319,002 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $3,797,662 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2017-12-31 | $11,270 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $0 |
Other income not declared elsewhere | 2017-12-31 | $2 |
Administrative expenses (other) incurred | 2017-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $26,233,557 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $162,100,802 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $135,867,245 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2017-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2017-12-31 | $0 |
Investment advisory and management fees | 2017-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $29,831,039 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $22,526,805 |
Value of interest in pooled separate accounts at end of year | 2017-12-31 | $18,184,450 |
Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $14,643,935 |
Interest on participant loans | 2017-12-31 | $112,476 |
Income. Interest from loans (other than to participants) | 2017-12-31 | $0 |
Interest earned on other investments | 2017-12-31 | $126,482 |
Income. Interest from US Government securities | 2017-12-31 | $0 |
Income. Interest from corporate debt instruments | 2017-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2017-12-31 | $72,200,875 |
Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $53,816,584 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $8,376,246 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $7,985,766 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2017-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $4,257,992 |
Net investment gain/loss from pooled separate accounts | 2017-12-31 | $3,065,899 |
Net investment gain or loss from common/collective trusts | 2017-12-31 | $9,226,633 |
Net gain/loss from 103.12 investment entities | 2017-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Assets. Invements in employer securities at end of year | 2017-12-31 | $30,122,605 |
Assets. Invements in employer securities at beginning of year | 2017-12-31 | $33,504,272 |
Contributions received in cash from employer | 2017-12-31 | $3,925,351 |
Employer contributions (assets) at end of year | 2017-12-31 | $809,163 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $1,191,787 |
Income. Dividends from preferred stock | 2017-12-31 | $0 |
Income. Dividends from common stock | 2017-12-31 | $538,305 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $7,874,475 |
Contract administrator fees | 2017-12-31 | $133,102 |
Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $0 |
Did the plan have assets held for investment | 2017-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Aggregate proceeds on sale of assets | 2017-12-31 | $2,403,943 |
Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $2,510,318 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2017-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | DIXON, HUGHES, GOODMAN, LLC |
Accountancy firm EIN | 2017-12-31 | 560747981 |
2016 : TOWNEBANK STOCK AND SAVINGS PLAN 2016 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2016-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $12,413,504 |
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $12,413,504 |
Total transfer of assets to this plan | 2016-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total income from all sources (including contributions) | 2016-12-31 | $45,180,524 |
Total loss/gain on sale of assets | 2016-12-31 | $305,936 |
Total of all expenses incurred | 2016-12-31 | $5,468,593 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $5,370,364 |
Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $0 |
Value of total corrective distributions | 2016-12-31 | $51,794 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $25,257,830 |
Value of total assets at end of year | 2016-12-31 | $135,867,245 |
Value of total assets at beginning of year | 2016-12-31 | $96,155,314 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $46,435 |
Total income from rents | 2016-12-31 | $0 |
Total interest from all sources | 2016-12-31 | $201,245 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $817,903 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $296,202 |
Administrative expenses professional fees incurred | 2016-12-31 | $0 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2016-12-31 | $0 |
Contributions received from participants | 2016-12-31 | $9,255,780 |
Participant contributions at end of year | 2016-12-31 | $1,879,094 |
Participant contributions at beginning of year | 2016-12-31 | $1,562,547 |
Participant contributions at end of year | 2016-12-31 | $319,002 |
Participant contributions at beginning of year | 2016-12-31 | $2,665 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $12,256,119 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2016-12-31 | $35,470 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $0 |
Other income not declared elsewhere | 2016-12-31 | $138 |
Administrative expenses (other) incurred | 2016-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $39,711,931 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $135,867,245 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $96,155,314 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2016-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2016-12-31 | $0 |
Investment advisory and management fees | 2016-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $22,526,805 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $18,326,394 |
Value of interest in pooled separate accounts at end of year | 2016-12-31 | $14,643,935 |
Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $10,673,721 |
Interest on participant loans | 2016-12-31 | $86,671 |
Income. Interest from loans (other than to participants) | 2016-12-31 | $0 |
Interest earned on other investments | 2016-12-31 | $114,574 |
Income. Interest from US Government securities | 2016-12-31 | $0 |
Income. Interest from corporate debt instruments | 2016-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2016-12-31 | $53,816,584 |
Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $36,788,467 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $7,985,766 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $5,324,184 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2016-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $1,293,711 |
Net investment gain/loss from pooled separate accounts | 2016-12-31 | $1,643,874 |
Net investment gain or loss from common/collective trusts | 2016-12-31 | $3,246,383 |
Net gain/loss from 103.12 investment entities | 2016-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Assets. Invements in employer securities at end of year | 2016-12-31 | $33,504,272 |
Assets. Invements in employer securities at beginning of year | 2016-12-31 | $22,028,352 |
Contributions received in cash from employer | 2016-12-31 | $3,745,931 |
Employer contributions (assets) at end of year | 2016-12-31 | $1,191,787 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $1,448,984 |
Income. Dividends from preferred stock | 2016-12-31 | $0 |
Income. Dividends from common stock | 2016-12-31 | $521,701 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $5,334,894 |
Contract administrator fees | 2016-12-31 | $46,435 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2016-12-31 | Yes |
Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $0 |
Did the plan have assets held for investment | 2016-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Aggregate proceeds on sale of assets | 2016-12-31 | $2,616,031 |
Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $2,310,095 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2016-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | DIXON HUGHES GOODMAN, LLC |
Accountancy firm EIN | 2016-12-31 | 560747981 |
2015 : TOWNEBANK STOCK AND SAVINGS PLAN 2015 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2015-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $5,919,739 |
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $5,919,739 |
Total transfer of assets to this plan | 2015-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total income from all sources (including contributions) | 2015-12-31 | $19,509,071 |
Total loss/gain on sale of assets | 2015-12-31 | $239,063 |
Total of all expenses incurred | 2015-12-31 | $5,933,246 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $5,894,468 |
Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $0 |
Value of total corrective distributions | 2015-12-31 | $17,051 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $13,428,642 |
Value of total assets at end of year | 2015-12-31 | $96,155,314 |
Value of total assets at beginning of year | 2015-12-31 | $82,579,489 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $21,727 |
Total income from rents | 2015-12-31 | $0 |
Total interest from all sources | 2015-12-31 | $164,491 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $740,867 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $245,434 |
Administrative expenses professional fees incurred | 2015-12-31 | $0 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2015-12-31 | $0 |
Contributions received from participants | 2015-12-31 | $6,678,998 |
Participant contributions at end of year | 2015-12-31 | $1,562,547 |
Participant contributions at beginning of year | 2015-12-31 | $1,123,510 |
Participant contributions at end of year | 2015-12-31 | $2,665 |
Participant contributions at beginning of year | 2015-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $3,527,133 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2015-12-31 | $97 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $0 |
Other income not declared elsewhere | 2015-12-31 | $12,982 |
Administrative expenses (other) incurred | 2015-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2015-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $13,575,825 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $96,155,314 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $82,579,489 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2015-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2015-12-31 | $0 |
Investment advisory and management fees | 2015-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $18,326,394 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $17,299,685 |
Value of interest in pooled separate accounts at end of year | 2015-12-31 | $10,673,721 |
Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $10,091,392 |
Interest on participant loans | 2015-12-31 | $74,362 |
Income. Interest from loans (other than to participants) | 2015-12-31 | $0 |
Interest earned on other investments | 2015-12-31 | $90,129 |
Income. Interest from US Government securities | 2015-12-31 | $0 |
Income. Interest from corporate debt instruments | 2015-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2015-12-31 | $36,788,467 |
Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $32,412,296 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $5,324,184 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $5,142,919 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2015-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-522,000 |
Net investment gain/loss from pooled separate accounts | 2015-12-31 | $-59,155 |
Net investment gain or loss from common/collective trusts | 2015-12-31 | $-415,558 |
Net gain/loss from 103.12 investment entities | 2015-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Assets. Invements in employer securities at end of year | 2015-12-31 | $22,028,352 |
Assets. Invements in employer securities at beginning of year | 2015-12-31 | $16,509,687 |
Contributions received in cash from employer | 2015-12-31 | $3,222,511 |
Employer contributions (assets) at end of year | 2015-12-31 | $1,448,984 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $0 |
Income. Dividends from preferred stock | 2015-12-31 | $0 |
Income. Dividends from common stock | 2015-12-31 | $495,433 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $5,894,371 |
Contract administrator fees | 2015-12-31 | $21,727 |
Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $0 |
Did the plan have assets held for investment | 2015-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Aggregate proceeds on sale of assets | 2015-12-31 | $2,005,857 |
Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $1,766,794 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2015-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | DIXON HUGHES GOODMAN, LLC |
Accountancy firm EIN | 2015-12-31 | 560747981 |
2014 : TOWNEBANK STOCK AND SAVINGS PLAN 2014 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2014-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $-274,963 |
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $-274,963 |
Total transfer of assets to this plan | 2014-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total income from all sources (including contributions) | 2014-12-31 | $11,535,961 |
Total loss/gain on sale of assets | 2014-12-31 | $-66,800 |
Total of all expenses incurred | 2014-12-31 | $6,077,112 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $6,059,278 |
Expenses. Certain deemed distributions of participant loans | 2014-12-31 | $0 |
Value of total corrective distributions | 2014-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $7,761,181 |
Value of total assets at end of year | 2014-12-31 | $82,579,489 |
Value of total assets at beginning of year | 2014-12-31 | $77,120,640 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $17,834 |
Total income from rents | 2014-12-31 | $0 |
Total interest from all sources | 2014-12-31 | $121,897 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $697,451 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $209,171 |
Administrative expenses professional fees incurred | 2014-12-31 | $0 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2014-12-31 | $0 |
Contributions received from participants | 2014-12-31 | $5,795,745 |
Participant contributions at end of year | 2014-12-31 | $1,123,510 |
Participant contributions at beginning of year | 2014-12-31 | $298,767 |
Participant contributions at end of year | 2014-12-31 | $0 |
Participant contributions at beginning of year | 2014-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $1,871,059 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2014-12-31 | $2,341 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-12-31 | $0 |
Other income not declared elsewhere | 2014-12-31 | $5,988 |
Administrative expenses (other) incurred | 2014-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $5,458,849 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $82,579,489 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $77,120,640 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2014-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2014-12-31 | $0 |
Investment advisory and management fees | 2014-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $17,299,685 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $16,585,625 |
Value of interest in pooled separate accounts at end of year | 2014-12-31 | $10,091,392 |
Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $6,997,311 |
Interest on participant loans | 2014-12-31 | $22,318 |
Income. Interest from loans (other than to participants) | 2014-12-31 | $0 |
Interest earned on other investments | 2014-12-31 | $99,579 |
Income. Interest from US Government securities | 2014-12-31 | $0 |
Income. Interest from corporate debt instruments | 2014-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2014-12-31 | $32,412,296 |
Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $29,054,529 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $5,142,919 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $5,175,908 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2014-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $451,345 |
Net investment gain/loss from pooled separate accounts | 2014-12-31 | $954,193 |
Net investment gain or loss from common/collective trusts | 2014-12-31 | $1,885,669 |
Net gain/loss from 103.12 investment entities | 2014-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Assets. Invements in employer securities at end of year | 2014-12-31 | $16,509,687 |
Assets. Invements in employer securities at beginning of year | 2014-12-31 | $18,604,175 |
Contributions received in cash from employer | 2014-12-31 | $94,377 |
Employer contributions (assets) at end of year | 2014-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $404,325 |
Income. Dividends from preferred stock | 2014-12-31 | $0 |
Income. Dividends from common stock | 2014-12-31 | $488,280 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $6,056,937 |
Contract administrator fees | 2014-12-31 | $17,834 |
Liabilities. Value of benefit claims payable at beginning of year | 2014-12-31 | $0 |
Did the plan have assets held for investment | 2014-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Aggregate proceeds on sale of assets | 2014-12-31 | $2,857,029 |
Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $2,923,829 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2014-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | DIXON HUGHES GOODMAN, LLP |
Accountancy firm EIN | 2014-12-31 | 560747981 |
2013 : TOWNEBANK STOCK AND SAVINGS PLAN 2013 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2013-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $-87,742 |
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $-87,742 |
Total transfer of assets to this plan | 2013-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total income from all sources (including contributions) | 2013-12-31 | $17,946,404 |
Total loss/gain on sale of assets | 2013-12-31 | $-70,715 |
Total of all expenses incurred | 2013-12-31 | $3,862,081 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $3,853,317 |
Expenses. Certain deemed distributions of participant loans | 2013-12-31 | $0 |
Value of total corrective distributions | 2013-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $9,599,890 |
Value of total assets at end of year | 2013-12-31 | $77,120,640 |
Value of total assets at beginning of year | 2013-12-31 | $63,036,317 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $8,764 |
Total income from rents | 2013-12-31 | $0 |
Total interest from all sources | 2013-12-31 | $112,763 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $517,160 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $163,897 |
Administrative expenses professional fees incurred | 2013-12-31 | $0 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2013-12-31 | $0 |
Contributions received from participants | 2013-12-31 | $5,744,475 |
Participant contributions at end of year | 2013-12-31 | $298,767 |
Participant contributions at beginning of year | 2013-12-31 | $370,757 |
Participant contributions at end of year | 2013-12-31 | $0 |
Participant contributions at beginning of year | 2013-12-31 | $136,292 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $2,047,055 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2013-12-31 | $962 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2013-12-31 | $0 |
Other income not declared elsewhere | 2013-12-31 | $21,167 |
Administrative expenses (other) incurred | 2013-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2013-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $14,084,323 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $77,120,640 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $63,036,317 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2013-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2013-12-31 | $0 |
Investment advisory and management fees | 2013-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $16,585,625 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $11,718,481 |
Value of interest in pooled separate accounts at end of year | 2013-12-31 | $6,997,311 |
Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $4,435,711 |
Interest on participant loans | 2013-12-31 | $17,183 |
Income. Interest from loans (other than to participants) | 2013-12-31 | $0 |
Interest earned on other investments | 2013-12-31 | $95,580 |
Income. Interest from US Government securities | 2013-12-31 | $0 |
Income. Interest from corporate debt instruments | 2013-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2013-12-31 | $29,054,529 |
Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $21,601,978 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $5,175,908 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $4,749,020 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2013-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $2,333,021 |
Net investment gain/loss from pooled separate accounts | 2013-12-31 | $1,528,334 |
Net investment gain or loss from common/collective trusts | 2013-12-31 | $3,992,526 |
Net gain/loss from 103.12 investment entities | 2013-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Assets. Invements in employer securities at end of year | 2013-12-31 | $18,604,175 |
Assets. Invements in employer securities at beginning of year | 2013-12-31 | $18,748,649 |
Contributions received in cash from employer | 2013-12-31 | $1,808,360 |
Employer contributions (assets) at end of year | 2013-12-31 | $404,325 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $1,275,429 |
Income. Dividends from preferred stock | 2013-12-31 | $0 |
Income. Dividends from common stock | 2013-12-31 | $353,263 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $3,852,355 |
Contract administrator fees | 2013-12-31 | $8,764 |
Liabilities. Value of benefit claims payable at beginning of year | 2013-12-31 | $0 |
Did the plan have assets held for investment | 2013-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Aggregate proceeds on sale of assets | 2013-12-31 | $2,039,841 |
Aggregate carrying amount (costs) on sale of assets | 2013-12-31 | $2,110,556 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2013-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | DIXON HUGHES GOODMAN, LLP |
Accountancy firm EIN | 2013-12-31 | 560747981 |
2012 : TOWNEBANK STOCK AND SAVINGS PLAN 2012 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2012-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $3,457,933 |
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $3,457,933 |
Total transfer of assets to this plan | 2012-12-31 | $0 |
Total transfer of assets from this plan | 2012-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total income from all sources (including contributions) | 2012-12-31 | $17,473,802 |
Total loss/gain on sale of assets | 2012-12-31 | $362,949 |
Total of all expenses incurred | 2012-12-31 | $2,750,811 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $2,725,437 |
Expenses. Certain deemed distributions of participant loans | 2012-12-31 | $0 |
Value of total corrective distributions | 2012-12-31 | $20,479 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $8,560,017 |
Value of total assets at end of year | 2012-12-31 | $63,036,317 |
Value of total assets at beginning of year | 2012-12-31 | $48,313,326 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $4,895 |
Total income from rents | 2012-12-31 | $0 |
Total interest from all sources | 2012-12-31 | $113,045 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $977,509 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $142,417 |
Administrative expenses professional fees incurred | 2012-12-31 | $0 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2012-12-31 | $0 |
Contributions received from participants | 2012-12-31 | $4,684,076 |
Participant contributions at end of year | 2012-12-31 | $370,757 |
Participant contributions at beginning of year | 2012-12-31 | $263,912 |
Participant contributions at end of year | 2012-12-31 | $136,292 |
Participant contributions at beginning of year | 2012-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $1,289,558 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2012-12-31 | $355 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $86,538 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2012-12-31 | $0 |
Other income not declared elsewhere | 2012-12-31 | $-451 |
Administrative expenses (other) incurred | 2012-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2012-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $14,722,991 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $63,036,317 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $48,313,326 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2012-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2012-12-31 | $0 |
Investment advisory and management fees | 2012-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $11,718,481 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $9,240,734 |
Value of interest in pooled separate accounts at end of year | 2012-12-31 | $4,435,711 |
Value of interest in pooled separate accounts at beginning of year | 2012-12-31 | $3,460,232 |
Interest on participant loans | 2012-12-31 | $16,218 |
Income. Interest from loans (other than to participants) | 2012-12-31 | $0 |
Interest earned on other investments | 2012-12-31 | $96,827 |
Income. Interest from US Government securities | 2012-12-31 | $0 |
Income. Interest from corporate debt instruments | 2012-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2012-12-31 | $21,601,978 |
Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $17,313,161 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $4,749,020 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $3,654,460 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2012-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $1,135,885 |
Net investment gain/loss from pooled separate accounts | 2012-12-31 | $530,118 |
Net investment gain or loss from common/collective trusts | 2012-12-31 | $2,336,797 |
Net gain/loss from 103.12 investment entities | 2012-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Assets. Invements in employer securities at end of year | 2012-12-31 | $18,748,649 |
Assets. Invements in employer securities at beginning of year | 2012-12-31 | $13,241,295 |
Contributions received in cash from employer | 2012-12-31 | $2,586,383 |
Employer contributions (assets) at end of year | 2012-12-31 | $1,275,429 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $1,052,994 |
Income. Dividends from preferred stock | 2012-12-31 | $0 |
Income. Dividends from common stock | 2012-12-31 | $835,092 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $2,725,082 |
Contract administrator fees | 2012-12-31 | $4,895 |
Liabilities. Value of benefit claims payable at beginning of year | 2012-12-31 | $0 |
Did the plan have assets held for investment | 2012-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Aggregate proceeds on sale of assets | 2012-12-31 | $2,479,954 |
Aggregate carrying amount (costs) on sale of assets | 2012-12-31 | $2,117,005 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2012-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | DIXON HIGHES GOODMAN LLP |
Accountancy firm EIN | 2012-12-31 | 560747981 |
2011 : TOWNEBANK STOCK AND SAVINGS PLAN 2011 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2011-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $-3,630,741 |
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $-3,630,741 |
Total transfer of assets to this plan | 2011-12-31 | $0 |
Total transfer of assets from this plan | 2011-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $3,025,729 |
Total loss/gain on sale of assets | 2011-12-31 | $-173,607 |
Total of all expenses incurred | 2011-12-31 | $1,551,607 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $1,545,323 |
Expenses. Certain deemed distributions of participant loans | 2011-12-31 | $0 |
Value of total corrective distributions | 2011-12-31 | $4,431 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $6,537,897 |
Value of total assets at end of year | 2011-12-31 | $48,313,326 |
Value of total assets at beginning of year | 2011-12-31 | $46,839,204 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $1,853 |
Total income from rents | 2011-12-31 | $0 |
Total interest from all sources | 2011-12-31 | $98,137 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $537,775 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $130,698 |
Administrative expenses professional fees incurred | 2011-12-31 | $0 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2011-12-31 | $0 |
Contributions received from participants | 2011-12-31 | $4,144,442 |
Participant contributions at end of year | 2011-12-31 | $263,912 |
Participant contributions at beginning of year | 2011-12-31 | $307,570 |
Participant contributions at end of year | 2011-12-31 | $0 |
Participant contributions at beginning of year | 2011-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $242,004 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2011-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $86,538 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2011-12-31 | $0 |
Other income not declared elsewhere | 2011-12-31 | $210 |
Administrative expenses (other) incurred | 2011-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2011-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $1,474,122 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $48,313,326 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $46,839,204 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2011-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2011-12-31 | $0 |
Investment advisory and management fees | 2011-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $9,240,734 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $9,173,357 |
Value of interest in pooled separate accounts at end of year | 2011-12-31 | $3,460,232 |
Value of interest in pooled separate accounts at beginning of year | 2011-12-31 | $3,096,274 |
Interest on participant loans | 2011-12-31 | $13,405 |
Income. Interest from loans (other than to participants) | 2011-12-31 | $0 |
Interest earned on other investments | 2011-12-31 | $84,732 |
Income. Interest from US Government securities | 2011-12-31 | $0 |
Income. Interest from corporate debt instruments | 2011-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2011-12-31 | $17,313,161 |
Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $15,892,416 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $3,654,460 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $2,256,893 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2011-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-496,449 |
Net investment gain/loss from pooled separate accounts | 2011-12-31 | $102,698 |
Net investment gain or loss from common/collective trusts | 2011-12-31 | $49,809 |
Net gain/loss from 103.12 investment entities | 2011-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Assets. Invements in employer securities at end of year | 2011-12-31 | $13,241,295 |
Assets. Invements in employer securities at beginning of year | 2011-12-31 | $14,367,623 |
Contributions received in cash from employer | 2011-12-31 | $2,151,451 |
Employer contributions (assets) at end of year | 2011-12-31 | $1,052,994 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $1,745,071 |
Income. Dividends from preferred stock | 2011-12-31 | $0 |
Income. Dividends from common stock | 2011-12-31 | $407,077 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $1,545,323 |
Contract administrator fees | 2011-12-31 | $1,853 |
Liabilities. Value of benefit claims payable at beginning of year | 2011-12-31 | $0 |
Did the plan have assets held for investment | 2011-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Aggregate proceeds on sale of assets | 2011-12-31 | $1,105,029 |
Aggregate carrying amount (costs) on sale of assets | 2011-12-31 | $1,278,636 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2011-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | DIXON HUGHES GOODMAN LLP |
Accountancy firm EIN | 2011-12-31 | 560747981 |
2010 : TOWNEBANK STOCK AND SAVINGS PLAN 2010 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2010-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $3,626,859 |
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $3,626,859 |
Total transfer of assets to this plan | 2010-12-31 | $0 |
Total transfer of assets from this plan | 2010-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Expenses. Interest paid | 2010-12-31 | $0 |
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2010-12-31 | $0 |
Total income from all sources (including contributions) | 2010-12-31 | $14,941,805 |
Total loss/gain on sale of assets | 2010-12-31 | $34,808 |
Total of all expenses incurred | 2010-12-31 | $1,614,888 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $1,613,794 |
Expenses. Certain deemed distributions of participant loans | 2010-12-31 | $0 |
Value of total corrective distributions | 2010-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $7,831,193 |
Value of total assets at end of year | 2010-12-31 | $46,839,204 |
Value of total assets at beginning of year | 2010-12-31 | $33,512,287 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $1,094 |
Total income from rents | 2010-12-31 | $0 |
Total interest from all sources | 2010-12-31 | $286,169 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $57,749 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $57,749 |
Administrative expenses professional fees incurred | 2010-12-31 | $0 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2010-12-31 | $0 |
Contributions received from participants | 2010-12-31 | $3,854,284 |
Participant contributions at end of year | 2010-12-31 | $307,570 |
Participant contributions at beginning of year | 2010-12-31 | $366,509 |
Participant contributions at end of year | 2010-12-31 | $0 |
Participant contributions at beginning of year | 2010-12-31 | $0 |
Assets. Other investments not covered elsewhere at end of year | 2010-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2010-12-31 | $21,153,259 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $340,695 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2010-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2010-12-31 | $0 |
Other income not declared elsewhere | 2010-12-31 | $-104,881 |
Administrative expenses (other) incurred | 2010-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2010-12-31 | $0 |
Total non interest bearing cash at end of year | 2010-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2010-12-31 | $105,918 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Income. Non cash contributions | 2010-12-31 | $0 |
Value of net income/loss | 2010-12-31 | $13,326,917 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $46,839,204 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $33,512,287 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2010-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2010-12-31 | $0 |
Investment advisory and management fees | 2010-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $9,173,357 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $0 |
Value of interest in pooled separate accounts at end of year | 2010-12-31 | $3,096,274 |
Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $0 |
Interest on participant loans | 2010-12-31 | $3,445 |
Income. Interest from loans (other than to participants) | 2010-12-31 | $0 |
Interest earned on other investments | 2010-12-31 | $10,379 |
Income. Interest from US Government securities | 2010-12-31 | $0 |
Income. Interest from corporate debt instruments | 2010-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2010-12-31 | $15,892,416 |
Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $2,953,696 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $14,524 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $14,524 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $272,345 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $2,256,893 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $0 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2010-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $2,431,344 |
Net investment gain/loss from pooled separate accounts | 2010-12-31 | $157,364 |
Net investment gain or loss from common/collective trusts | 2010-12-31 | $621,200 |
Net gain/loss from 103.12 investment entities | 2010-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Assets. Invements in employer securities at end of year | 2010-12-31 | $14,367,623 |
Assets. Invements in employer securities at beginning of year | 2010-12-31 | $8,918,381 |
Contributions received in cash from employer | 2010-12-31 | $3,636,214 |
Employer contributions (assets) at end of year | 2010-12-31 | $1,745,071 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $0 |
Income. Dividends from preferred stock | 2010-12-31 | $0 |
Income. Dividends from common stock | 2010-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $1,613,794 |
Contract administrator fees | 2010-12-31 | $1,094 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2010-12-31 | Yes |
Liabilities. Value of benefit claims payable at beginning of year | 2010-12-31 | $0 |
Did the plan have assets held for investment | 2010-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Aggregate proceeds on sale of assets | 2010-12-31 | $134,813 |
Aggregate carrying amount (costs) on sale of assets | 2010-12-31 | $100,005 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2010-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | DIXON HUGHES GOODMAN LLP |
Accountancy firm EIN | 2010-12-31 | 560747981 |