Call reports 2019
FIRST INDEPENDENCE BANK — 2019
What FIRST INDEPENDENCE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 271,989,000 | 278,879,000 | 278,016,000 | 295,951,000 |
| Total loans | 180,067,000 | 184,788,000 | 178,545,000 | 169,815,000 |
| Allowance for loan losses | 1,458,000 | 1,460,000 | 1,465,000 | 2,957,000 |
| Securities available for sale | 4,547,000 | 4,543,000 | 4,553,000 | 4,553,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 202,086,000 | 206,212,000 | 195,579,000 | 209,356,000 |
| Interest-bearing deposits | 129,423,000 | 135,465,000 | 129,867,000 | 136,079,000 |
| Noninterest-bearing deposits | 72,663,000 | 70,747,000 | 65,712,000 | 73,277,000 |
| Equity capital | 22,405,000 | 22,819,000 | 23,279,000 | 22,576,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,903,000 | 5,854,000 | 8,516,000 | 11,712,000 |
| Interest expense | 524,000 | 1,153,000 | 1,439,000 | 2,498,000 |
| Net interest income | 2,379,000 | 4,701,000 | 7,077,000 | 9,214,000 |
| Noninterest income | 5,541,000 | 11,041,000 | 16,860,000 | 23,070,000 |
| Noninterest expense | 6,457,000 | 13,079,000 | 20,092,000 | 27,355,000 |
| Provision for loan losses | 0 | 0 | 0 | 1,695,000 |
| Pretax income | 1,463,000 | 2,663,000 | 3,845,000 | 3,234,000 |
| Income tax | 239,000 | 427,000 | 602,000 | 414,000 |
| Net income | 901,000 | 1,608,000 | 2,264,000 | 1,558,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,485,000 | 26,939,000 | 26,704,000 | 26,198,000 |
| Total capital | 28,758,000 | 29,210,000 | 28,757,000 | 29,666,000 |
| Risk-weighted assets | 220,665,000 | 227,070,000 | 235,674,000 | 237,298,000 |