Call reports 2014
INDEPENDENT BANK OF TEXAS — 2014
What INDEPENDENT BANK OF TEXAS reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 128,919,000 | 128,004,000 | 128,056,000 | 121,420,000 |
| Total loans | 81,987,000 | 89,708,000 | 91,681,000 | 98,547,000 |
| Allowance for loan losses | 890,000 | 960,000 | 1,000,000 | 1,085,000 |
| Securities available for sale | 13,874,000 | 14,103,000 | 9,311,000 | 7,615,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,279,000 | 112,038,000 | 111,984,000 | 104,359,000 |
| Interest-bearing deposits | 76,715,000 | 76,883,000 | 77,590,000 | 74,217,000 |
| Noninterest-bearing deposits | 36,564,000 | 35,155,000 | 34,394,000 | 30,142,000 |
| Equity capital | 10,494,000 | 10,874,000 | 11,188,000 | 11,600,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,218,000 | 2,518,000 | 3,881,000 | 5,275,000 |
| Interest expense | 207,000 | 408,000 | 600,000 | 786,000 |
| Net interest income | 1,011,000 | 2,110,000 | 3,281,000 | 4,489,000 |
| Noninterest income | 199,000 | 591,000 | 735,000 | 1,178,000 |
| Noninterest expense | 1,044,000 | 2,159,000 | 3,221,000 | 4,502,000 |
| Provision for loan losses | 0 | 70,000 | 110,000 | 195,000 |
| Pretax income | 166,000 | 472,000 | 739,000 | 1,052,000 |
| Income tax | 1,000 | -34,000 | -108,000 | -200,000 |
| Net income | 165,000 | 506,000 | 847,000 | 1,252,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,278,000 | 10,575,000 | 10,932,000 | 11,302,000 |
| Total capital | 11,168,000 | 11,535,000 | 11,919,000 | 12,312,000 |
| Risk-weighted assets | 73,123,000 | 80,053,000 | 78,970,000 | 80,719,000 |