Call report 2024Q1
INDEPENDENT BANK — 2024Q1
The 22 measures INDEPENDENT BANK reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 1,445,495,000 | USD | evidence → |
| Total loans | 1,215,769,000 | USD | evidence → |
| Allowance for loan losses | 15,164,000 | USD | evidence → |
| Securities available for sale | 352,000 | USD | evidence → |
| Securities held to maturity | 4,323,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 1,175,220,000 | USD | evidence → |
| Interest-bearing deposits | 967,393,000 | USD | evidence → |
| Noninterest-bearing deposits | 207,827,000 | USD | evidence → |
| Equity capital | 163,114,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 24,085,000 | USD | evidence → |
| Interest expense | 9,539,000 | USD | evidence → |
| Net interest income | 14,546,000 | USD | evidence → |
| Noninterest income | 4,479,000 | USD | evidence → |
| Noninterest expense | 12,974,000 | USD | evidence → |
| Provision for loan losses | 530,000 | USD | evidence → |
| Pretax income | 5,521,000 | USD | evidence → |
| Income tax | 1,257,000 | USD | evidence → |
| Net income | 4,264,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 148,378,000 | USD | evidence → |
| Total capital | 163,542,000 | USD | evidence → |
| Risk-weighted assets | 1,376,770,000 | USD | evidence → |