Call reports 2015
FIRST INDEPENDENCE BANK — 2015
What FIRST INDEPENDENCE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 271,494,000 | 200,293,000 | 244,775,000 | 216,821,000 |
| Total loans | 128,911,000 | 128,265,000 | 130,221,000 | 133,964,000 |
| Allowance for loan losses | 1,597,000 | 1,594,000 | 1,542,000 | 1,657,000 |
| Securities available for sale | 14,418,000 | 9,870,000 | 8,841,000 | 10,759,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 229,110,000 | 157,030,000 | 200,750,000 | 168,750,000 |
| Interest-bearing deposits | 94,896,000 | 93,763,000 | 89,915,000 | 83,683,000 |
| Noninterest-bearing deposits | 134,214,000 | 63,267,000 | 110,835,000 | 85,067,000 |
| Equity capital | 16,745,000 | 17,121,000 | 17,376,000 | 19,024,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,167,000 | 4,266,000 | 6,822,000 | 9,260,000 |
| Interest expense | 225,000 | 454,000 | 695,000 | 929,000 |
| Net interest income | 1,942,000 | 3,812,000 | 6,127,000 | 8,331,000 |
| Noninterest income | 2,872,000 | 6,679,000 | 9,568,000 | 14,373,000 |
| Noninterest expense | 4,592,000 | 9,451,000 | 14,160,000 | 19,252,000 |
| Provision for loan losses | 0 | 60,000 | 60,000 | 60,000 |
| Pretax income | 222,000 | 980,000 | 1,475,000 | 3,392,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 16,000 | 403,000 | 654,000 | 2,346,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,058,000 | 21,815,000 | 22,310,000 | 22,797,000 |
| Total capital | 22,935,000 | 23,604,000 | 24,099,000 | 24,966,000 |
| Risk-weighted assets | 149,881,000 | 143,080,000 | 150,164,000 | 147,891,000 |