Call reports 2013
FIRST INDEPENDENCE BANK — 2013
What FIRST INDEPENDENCE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 211,826,000 | 195,122,000 | 231,547,000 | 202,781,000 |
| Total loans | 121,848,000 | 124,751,000 | 128,181,000 | 133,789,000 |
| Allowance for loan losses | 1,932,000 | 1,750,000 | 1,754,000 | 2,508,000 |
| Securities available for sale | 7,982,000 | 7,833,000 | 8,250,000 | 8,185,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 173,659,000 | 157,018,000 | 191,169,000 | 162,884,000 |
| Interest-bearing deposits | 62,515,000 | 61,921,000 | 84,903,000 | 90,582,000 |
| Noninterest-bearing deposits | 111,144,000 | 95,097,000 | 106,266,000 | 72,302,000 |
| Equity capital | 17,514,000 | 17,558,000 | 17,591,000 | 16,886,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,841,000 | 4,088,000 | 6,217,000 | 8,485,000 |
| Interest expense | 130,000 | 266,000 | 454,000 | 675,000 |
| Net interest income | 1,711,000 | 3,822,000 | 5,763,000 | 7,810,000 |
| Noninterest income | 2,733,000 | 5,209,000 | 7,821,000 | 10,565,000 |
| Noninterest expense | 4,147,000 | 8,478,000 | 12,859,000 | 17,436,000 |
| Provision for loan losses | 0 | 0 | 0 | 845,000 |
| Pretax income | 297,000 | 553,000 | 725,000 | 94,000 |
| Income tax | 0 | 0 | 45,000 | 0 |
| Net income | 118,000 | 205,000 | 228,000 | -473,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,443,000 | 20,698,000 | 20,826,000 | 20,238,000 |
| Total capital | 22,091,000 | 22,319,000 | 22,565,000 | 22,022,000 |
| Risk-weighted assets | 131,046,000 | 129,077,000 | 138,833,000 | 141,806,000 |