Call reports 2011
INDEPENDENT BANK — 2011
What INDEPENDENT BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 780,944,000 | 819,616,000 | 822,258,000 | 819,288,000 |
| Total loans | 683,354,000 | 701,117,000 | 699,504,000 | 700,947,000 |
| Allowance for loan losses | 7,717,000 | 7,912,000 | 8,315,000 | 8,330,000 |
| Securities available for sale | 26,776,000 | 25,193,000 | 24,344,000 | 21,480,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 672,255,000 | 722,088,000 | 693,710,000 | 691,187,000 |
| Interest-bearing deposits | 609,627,000 | 651,487,000 | 616,883,000 | 609,267,000 |
| Noninterest-bearing deposits | 62,628,000 | 70,601,000 | 76,827,000 | 81,921,000 |
| Equity capital | 71,613,000 | 73,838,000 | 107,329,000 | 103,314,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 10,397,000 | 20,742,000 | 31,136,000 | 41,289,000 |
| Interest expense | 2,601,000 | 5,167,000 | 7,640,000 | 9,839,000 |
| Net interest income | 7,796,000 | 15,575,000 | 23,496,000 | 31,450,000 |
| Noninterest income | 1,515,000 | 3,059,000 | 4,933,000 | 6,357,000 |
| Noninterest expense | 5,694,000 | 11,045,000 | 16,512,000 | 21,684,000 |
| Provision for loan losses | 646,000 | 1,263,000 | 2,521,000 | 3,417,000 |
| Pretax income | 2,971,000 | 6,326,000 | 9,396,000 | 12,706,000 |
| Income tax | 1,091,000 | 2,328,000 | 3,412,000 | 4,462,000 |
| Net income | 1,880,000 | 3,998,000 | 5,984,000 | 8,244,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 70,916,000 | 73,044,000 | 106,450,000 | 102,495,000 |
| Total capital | 88,633,000 | 90,956,000 | 124,765,000 | 120,825,000 |
| Risk-weighted assets | 738,596,000 | 768,044,000 | 756,801,000 | 760,752,000 |