Call report 2024Q2
INDEPENDENT BANK — 2024Q2
The 22 measures INDEPENDENT BANK reported to the FFIEC for 2024Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 1,570,893,000 | USD | evidence → |
| Total loans | 1,233,879,000 | USD | evidence → |
| Allowance for loan losses | 15,164,000 | USD | evidence → |
| Securities available for sale | 331,000 | USD | evidence → |
| Securities held to maturity | 4,278,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 1,267,328,000 | USD | evidence → |
| Interest-bearing deposits | 1,065,692,000 | USD | evidence → |
| Noninterest-bearing deposits | 201,636,000 | USD | evidence → |
| Equity capital | 167,968,000 | 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 | 48,861,000 | USD | evidence → |
| Interest expense | 19,963,000 | USD | evidence → |
| Net interest income | 28,898,000 | USD | evidence → |
| Noninterest income | 9,186,000 | USD | evidence → |
| Noninterest expense | 25,344,000 | USD | evidence → |
| Provision for loan losses | 1,220,000 | USD | evidence → |
| Pretax income | 11,520,000 | USD | evidence → |
| Income tax | 2,593,000 | USD | evidence → |
| Net income | 8,927,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 153,233,000 | USD | evidence → |
| Total capital | 168,397,000 | USD | evidence → |
| Risk-weighted assets | 1,504,288,000 | USD | evidence → |
Machine access — free, no API key
Every figure shown here about INDEPENDENT BANK — 2024Q2 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.