Call reports 2019
FIRST INDEPENDENT BANK — 2019
What FIRST INDEPENDENT BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 93,771,000 | 94,054,000 | 94,389,000 | 93,703,000 |
| Total loans | 55,402,000 | 54,166,000 | 53,046,000 | 52,716,000 |
| Allowance for loan losses | 742,000 | 781,000 | 786,000 | 780,000 |
| Securities available for sale | 22,094,000 | 21,180,000 | 22,513,000 | 23,099,000 |
| Securities held to maturity | 3,401,000 | 3,393,000 | 3,384,000 | 3,867,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,861,000 | 82,716,000 | 82,673,000 | 81,878,000 |
| Interest-bearing deposits | 65,836,000 | 65,325,000 | 65,663,000 | 57,046,000 |
| Noninterest-bearing deposits | 17,025,000 | 17,391,000 | 17,009,000 | 24,832,000 |
| Equity capital | 10,769,000 | 11,125,000 | 11,381,000 | 11,502,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 948,000 | 1,925,000 | 2,925,000 | 3,918,000 |
| Interest expense | 141,000 | 307,000 | 480,000 | 660,000 |
| Net interest income | 807,000 | 1,618,000 | 2,445,000 | 3,258,000 |
| Noninterest income | 94,000 | 188,000 | 277,000 | 379,000 |
| Noninterest expense | 613,000 | 1,232,000 | 1,855,000 | 2,480,000 |
| Provision for loan losses | 29,000 | 55,000 | 61,000 | 65,000 |
| Pretax income | 259,000 | 519,000 | 806,000 | 1,092,000 |
| Income tax | 61,000 | 123,000 | 192,000 | 261,000 |
| Net income | 198,000 | 396,000 | 614,000 | 831,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,945,000 | 11,142,000 | 11,359,000 | 11,467,000 |
| Total capital | 11,649,000 | 11,836,000 | 12,051,000 | 12,143,000 |
| Risk-weighted assets | 56,256,000 | 55,449,000 | 55,269,000 | 53,985,000 |