Call reports 2017
FIRST INDEPENDENT BANK — 2017
What FIRST INDEPENDENT BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 95,854,000 | 95,588,000 | 95,129,000 | 93,792,000 |
| Total loans | 53,058,000 | 54,146,000 | 54,578,000 | 54,292,000 |
| Allowance for loan losses | 617,000 | 655,000 | 668,000 | 695,000 |
| Securities available for sale | 27,538,000 | 26,423,000 | 25,712,000 | 24,897,000 |
| Securities held to maturity | 3,408,000 | 4,185,000 | 4,274,000 | 4,264,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,656,000 | 85,270,000 | 84,513,000 | 83,318,000 |
| Interest-bearing deposits | 68,570,000 | 68,714,000 | 68,297,000 | 66,842,000 |
| Noninterest-bearing deposits | 17,085,000 | 16,556,000 | 16,217,000 | 16,477,000 |
| Equity capital | 9,870,000 | 10,072,000 | 10,267,000 | 10,156,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 870,000 | 1,754,000 | 2,642,000 | 3,551,000 |
| Interest expense | 82,000 | 161,000 | 242,000 | 339,000 |
| Net interest income | 788,000 | 1,593,000 | 2,400,000 | 3,212,000 |
| Noninterest income | 113,000 | 205,000 | 301,000 | 417,000 |
| Noninterest expense | 598,000 | 1,203,000 | 1,785,000 | 2,371,000 |
| Provision for loan losses | 17,000 | 97,000 | 121,000 | 180,000 |
| Pretax income | 286,000 | 498,000 | 795,000 | 1,078,000 |
| Income tax | 100,000 | 173,000 | 276,000 | 446,000 |
| Net income | 186,000 | 325,000 | 519,000 | 632,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,017,000 | 10,205,000 | 10,400,000 | 10,369,000 |
| Total capital | 10,634,000 | 10,861,000 | 11,068,000 | 11,058,000 |
| Risk-weighted assets | 52,361,000 | 53,807,000 | 53,578,000 | 55,135,000 |