Call reports 2015
INDEPENDENT BANK — 2015
What INDEPENDENT BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 904,051,000 | 934,042,000 | 940,218,000 | 972,298,000 |
| Total loans | 765,022,000 | 786,506,000 | 814,437,000 | 837,985,000 |
| Allowance for loan losses | 8,819,000 | 8,815,000 | 8,976,000 | 9,644,000 |
| Securities available for sale | 9,519,000 | 9,287,000 | 8,942,000 | 7,747,000 |
| Securities held to maturity | 1,642,000 | 1,575,000 | 1,510,000 | 1,448,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 746,048,000 | 767,240,000 | 791,023,000 | 827,208,000 |
| Interest-bearing deposits | 611,045,000 | 638,090,000 | 648,250,000 | 669,877,000 |
| Noninterest-bearing deposits | 135,003,000 | 129,150,000 | 142,773,000 | 157,331,000 |
| Equity capital | 114,444,000 | 116,156,000 | 118,841,000 | 104,854,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 9,936,000 | 20,276,000 | 31,598,000 | 42,618,000 |
| Interest expense | 698,000 | 1,491,000 | 2,346,000 | 3,284,000 |
| Net interest income | 9,238,000 | 18,785,000 | 29,252,000 | 39,334,000 |
| Noninterest income | 2,615,000 | 5,653,000 | 8,627,000 | 11,342,000 |
| Noninterest expense | 7,995,000 | 15,675,000 | 23,406,000 | 31,223,000 |
| Provision for loan losses | 369,000 | 1,525,000 | 2,978,000 | 5,253,000 |
| Pretax income | 3,489,000 | 7,238,000 | 11,495,000 | 14,200,000 |
| Income tax | 1,218,000 | 2,531,000 | 4,103,000 | 4,823,000 |
| Net income | 2,271,000 | 4,707,000 | 7,392,000 | 9,377,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 99,359,000 | 101,100,000 | 103,821,000 | 89,882,000 |
| Total capital | 108,178,000 | 109,915,000 | 112,797,000 | 99,526,000 |
| Risk-weighted assets | 874,628,000 | 909,729,000 | 927,341,000 | 955,359,000 |