Call reports 2016
FIRST INDEPENDENCE BANK — 2016
What FIRST INDEPENDENCE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 256,503,000 | 229,319,000 | 236,098,000 | 234,817,000 |
| Total loans | 138,526,000 | 139,313,000 | 158,998,000 | 156,597,000 |
| Allowance for loan losses | 1,662,000 | 1,484,000 | 1,479,000 | 1,451,000 |
| Securities available for sale | 13,749,000 | 14,214,000 | 7,673,000 | 7,594,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 208,153,000 | 179,813,000 | 186,534,000 | 185,362,000 |
| Interest-bearing deposits | 94,785,000 | 97,015,000 | 102,385,000 | 99,572,000 |
| Noninterest-bearing deposits | 113,368,000 | 82,798,000 | 84,149,000 | 85,790,000 |
| Equity capital | 19,175,000 | 18,147,000 | 17,974,000 | 18,025,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,217,000 | 4,433,000 | 6,727,000 | 9,090,000 |
| Interest expense | 232,000 | 478,000 | 722,000 | 979,000 |
| Net interest income | 1,985,000 | 3,955,000 | 6,005,000 | 8,111,000 |
| Noninterest income | 3,328,000 | 7,169,000 | 11,092,000 | 14,573,000 |
| Noninterest expense | 4,970,000 | 10,287,000 | 15,660,000 | 20,859,000 |
| Provision for loan losses | 0 | 0 | 50,000 | 50,000 |
| Pretax income | 343,000 | 837,000 | 1,387,000 | 1,775,000 |
| Income tax | 0 | 111,000 | 238,000 | 323,000 |
| Net income | 124,000 | 290,000 | 481,000 | 594,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,324,000 | 21,441,000 | 21,361,000 | 21,522,000 |
| Total capital | 24,511,000 | 23,457,000 | 23,366,000 | 23,489,000 |
| Risk-weighted assets | 156,761,000 | 155,961,000 | 171,622,000 | 168,688,000 |