Call reports 2012
INDEPENDENT BANK — 2012
What INDEPENDENT BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 808,413,000 | 844,089,000 | 799,651,000 | 804,374,000 |
| Total loans | 690,361,000 | 702,659,000 | 700,766,000 | 699,766,000 |
| Allowance for loan losses | 8,290,000 | 8,187,000 | 7,576,000 | 7,381,000 |
| Securities available for sale | 20,244,000 | 18,380,000 | 17,765,000 | 16,255,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 684,665,000 | 733,134,000 | 679,546,000 | 675,353,000 |
| Interest-bearing deposits | 600,328,000 | 634,047,000 | 581,899,000 | 579,530,000 |
| Noninterest-bearing deposits | 84,337,000 | 99,087,000 | 97,647,000 | 95,823,000 |
| Equity capital | 105,239,000 | 104,530,000 | 106,899,000 | 101,049,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 9,718,000 | 19,338,000 | 28,938,000 | 38,308,000 |
| Interest expense | 1,650,000 | 3,153,000 | 4,511,000 | 5,706,000 |
| Net interest income | 8,068,000 | 16,185,000 | 24,427,000 | 32,602,000 |
| Noninterest income | 1,702,000 | 3,458,000 | 5,201,000 | 6,932,000 |
| Noninterest expense | 5,754,000 | 11,550,000 | 17,349,000 | 23,010,000 |
| Provision for loan losses | 918,000 | 1,506,000 | 2,199,000 | 3,667,000 |
| Pretax income | 3,098,000 | 6,590,000 | 10,083,000 | 12,860,000 |
| Income tax | 1,131,000 | 2,321,000 | 3,468,000 | 4,495,000 |
| Net income | 1,967,000 | 4,269,000 | 6,615,000 | 8,365,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 104,473,000 | 103,808,000 | 106,187,000 | 100,471,000 |
| Total capital | 112,763,000 | 111,995,000 | 113,763,000 | 107,852,000 |
| Risk-weighted assets | 749,079,000 | 769,432,000 | 764,483,000 | 779,943,000 |