Call reports 2020
FIRST INDEPENDENT BANK — 2020
What FIRST INDEPENDENT BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 94,663,000 | 103,415,000 | 105,893,000 | 110,592,000 |
| Total loans | 51,996,000 | 53,072,000 | 52,636,000 | 54,278,000 |
| Allowance for loan losses | 780,000 | 779,000 | 736,000 | 731,000 |
| Securities available for sale | 23,674,000 | 26,137,000 | 27,277,000 | 29,400,000 |
| Securities held to maturity | 5,062,000 | 5,174,000 | 5,970,000 | 7,120,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,386,000 | 90,829,000 | 93,473,000 | 98,207,000 |
| Interest-bearing deposits | 65,231,000 | 69,202,000 | 71,893,000 | 63,214,000 |
| Noninterest-bearing deposits | 17,156,000 | 21,627,000 | 21,580,000 | 34,992,000 |
| Equity capital | 11,783,000 | 12,008,000 | 12,144,000 | 12,210,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 975,000 | 1,878,000 | 2,766,000 | 3,754,000 |
| Interest expense | 179,000 | 350,000 | 512,000 | 668,000 |
| Net interest income | 796,000 | 1,528,000 | 2,254,000 | 3,086,000 |
| Noninterest income | 64,000 | 134,000 | 199,000 | 272,000 |
| Noninterest expense | 606,000 | 1,193,000 | 1,783,000 | 2,405,000 |
| Provision for loan losses | 6,000 | 5,000 | 12,000 | 33,000 |
| Pretax income | 274,000 | 490,000 | 684,000 | 945,000 |
| Income tax | 63,000 | 112,000 | 151,000 | 209,000 |
| Net income | 211,000 | 378,000 | 533,000 | 736,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,504,000 | 11,671,000 | 11,826,000 | 11,939,000 |
Machine access — free, no API key
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