Call reports 2018
FIRST INDEPENDENCE BANK — 2018
What FIRST INDEPENDENCE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 259,093,000 | 270,809,000 | 255,617,000 | 259,692,000 |
| Total loans | 174,764,000 | 180,063,000 | 175,881,000 | 177,299,000 |
| Allowance for loan losses | 1,438,000 | 1,442,000 | 1,439,000 | 1,449,000 |
| Securities available for sale | 7,514,000 | 7,507,000 | 7,518,000 | 4,529,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 205,946,000 | 214,404,000 | 197,820,000 | 194,797,000 |
| Interest-bearing deposits | 122,556,000 | 106,289,000 | 94,900,000 | 128,536,000 |
| Noninterest-bearing deposits | 83,390,000 | 108,115,000 | 102,920,000 | 66,261,000 |
| Equity capital | 19,938,000 | 20,417,000 | 20,806,000 | 21,495,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,767,000 | 5,491,000 | 8,374,000 | 11,199,000 |
| Interest expense | 291,000 | 608,000 | 944,000 | 1,354,000 |
| Net interest income | 2,476,000 | 4,883,000 | 7,430,000 | 9,845,000 |
| Noninterest income | 4,830,000 | 9,324,000 | 13,737,000 | 18,628,000 |
| Noninterest expense | 6,064,000 | 11,728,000 | 17,386,000 | 23,471,000 |
| Provision for loan losses | 0 | 0 | 0 | 135,000 |
| Pretax income | 1,242,000 | 2,479,000 | 3,781,000 | 4,867,000 |
| Income tax | 180,000 | 380,000 | 614,000 | 794,000 |
| Net income | 721,000 | 1,496,000 | 2,375,000 | 3,050,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,854,000 | 23,440,000 | 23,826,000 | 25,326,000 |
| Total capital | 24,814,000 | 25,420,000 | 25,794,000 | 27,533,000 |
| Risk-weighted assets | 194,776,000 | 202,825,000 | 201,353,000 | 212,937,000 |