Call reports 2021
FIRST INDEPENDENT BANK — 2021
What FIRST INDEPENDENT BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 119,541,000 | 120,417,000 | 122,717,000 | 123,250,000 |
| Total loans | 53,870,000 | 56,621,000 | 54,482,000 | 56,494,000 |
| Allowance for loan losses | 751,000 | 769,000 | 779,000 | 780,000 |
| Securities available for sale | 37,622,000 | 38,974,000 | 41,916,000 | 44,234,000 |
| Securities held to maturity | 8,134,000 | 8,102,000 | 8,493,000 | 9,379,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,455,000 | 107,971,000 | 109,828,000 | 110,660,000 |
| Interest-bearing deposits | 80,782,000 | 67,648,000 | 68,630,000 | 82,651,000 |
| Noninterest-bearing deposits | 26,673,000 | 40,323,000 | 41,198,000 | 28,009,000 |
| Equity capital | 11,941,000 | 12,290,000 | 12,685,000 | 12,501,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 848,000 | 1,932,000 | 3,091,000 | 3,984,000 |
| Interest expense | 136,000 | 258,000 | 374,000 | 486,000 |
| Net interest income | 712,000 | 1,674,000 | 2,717,000 | 3,498,000 |
| Noninterest income | 106,000 | 213,000 | 319,000 | 474,000 |
| Noninterest expense | 632,000 | 1,250,000 | 1,897,000 | 2,586,000 |
| Provision for loan losses | 19,000 | 37,000 | 46,000 | 99,000 |
| Pretax income | 167,000 | 600,000 | 1,093,000 | 1,287,000 |
| Income tax | 31,000 | 129,000 | 247,000 | 278,000 |
| Net income | 136,000 | 471,000 | 846,000 | 1,009,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,941,000 | 12,258,000 | 12,625,000 | 12,789,000 |