Call reports 2017
FIRST INDEPENDENCE BANK — 2017
What FIRST INDEPENDENCE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 240,030,000 | 228,066,000 | 240,493,000 | 286,561,000 |
| Total loans | 157,837,000 | 168,438,000 | 183,822,000 | 173,944,000 |
| Allowance for loan losses | 1,452,000 | 1,494,000 | 1,463,000 | 1,437,000 |
| Securities available for sale | 7,585,000 | 7,570,000 | 7,557,000 | 7,523,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 189,519,000 | 178,103,000 | 188,375,000 | 233,911,000 |
| Interest-bearing deposits | 98,247,000 | 104,888,000 | 110,053,000 | 119,798,000 |
| Noninterest-bearing deposits | 91,272,000 | 73,215,000 | 78,322,000 | 114,113,000 |
| Equity capital | 18,237,000 | 18,568,000 | 18,788,000 | 19,223,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,368,000 | 4,795,000 | 7,463,000 | 10,300,000 |
| Interest expense | 264,000 | 515,000 | 768,000 | 1,058,000 |
| Net interest income | 2,104,000 | 4,280,000 | 6,695,000 | 9,242,000 |
| Noninterest income | 4,048,000 | 8,051,000 | 12,196,000 | 16,440,000 |
| Noninterest expense | 5,630,000 | 11,147,000 | 16,670,000 | 22,865,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 522,000 | 1,184,000 | 2,221,000 | 2,817,000 |
| Income tax | 107,000 | 277,000 | 545,000 | 333,000 |
| Net income | 204,000 | 535,000 | 1,053,000 | 1,708,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,959,000 | 21,298,000 | 21,638,000 | 22,101,000 |
| Total capital | 22,936,000 | 23,309,000 | 23,640,000 | 24,069,000 |
| Risk-weighted assets | 174,155,000 | 180,509,000 | 197,703,000 | 195,741,000 |