Call reports 2014
FIRST INDEPENDENCE BANK — 2014
What FIRST INDEPENDENCE BANK 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 | 240,138,000 | 207,460,000 | 247,106,000 | 217,661,000 |
| Total loans | 123,631,000 | 134,306,000 | 133,541,000 | 129,911,000 |
| Allowance for loan losses | 1,920,000 | 1,684,000 | 1,636,000 | 1,562,000 |
| Securities available for sale | 9,610,000 | 8,985,000 | 8,924,000 | 8,883,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 201,072,000 | 167,329,000 | 202,967,000 | 176,229,000 |
| Interest-bearing deposits | 91,747,000 | 91,432,000 | 91,686,000 | 97,388,000 |
| Noninterest-bearing deposits | 109,325,000 | 75,897,000 | 111,281,000 | 78,841,000 |
| Equity capital | 16,750,000 | 16,676,000 | 16,822,000 | 16,721,000 |
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 | 2,051,000 | 4,146,000 | 6,229,000 | 8,908,000 |
| Interest expense | 208,000 | 429,000 | 662,000 | 908,000 |
| Net interest income | 1,843,000 | 3,717,000 | 5,567,000 | 8,000,000 |
| Noninterest income | 2,760,000 | 5,905,000 | 7,846,000 | 12,342,000 |
| Noninterest expense | 4,530,000 | 9,223,000 | 12,554,000 | 19,126,000 |
| Provision for loan losses | 139,000 | 374,000 | 459,000 | 619,000 |
| Pretax income | -66,000 | 25,000 | 400,000 | 597,000 |
| Income tax | -71,000 | -63,000 | 0 | 0 |
| Net income | -133,000 | -210,000 | -53,000 | -156,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,244,000 | 20,325,000 | 20,639,000 | 20,835,000 |
| Total capital | 21,975,000 | 22,009,000 | 22,275,000 | 22,396,000 |
| Risk-weighted assets | 138,062,000 | 141,781,000 | 148,771,000 | 142,623,000 |