FACTANKER · measured, cited, anchored official records connected

Call report 2020Q1

INDEPENDENCE BANK — 2020Q1

The 22 measures INDEPENDENCE BANK reported to the FFIEC for 2020Q1, each linked to its source filing.

PERIOD: 2020Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/2f54ae02-4fda-4360-b499-0cf32b9eb465/2020Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets169,345,000USDevidence →
Total loans114,720,000USDevidence →
Allowance for loan losses3,640,000USDevidence →
Securities available for sale29,497,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits143,999,000USDevidence →
Interest-bearing deposits111,264,000USDevidence →
Noninterest-bearing deposits32,735,000USDevidence →
Equity capital25,012,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income1,666,000USDevidence →
Interest expense309,000USDevidence →
Net interest income1,357,000USDevidence →
Noninterest income33,000USDevidence →
Noninterest expense920,000USDevidence →
Provision for loan losses13,000USDevidence →
Pretax income528,000USDevidence →
Income tax127,000USDevidence →
Net income401,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital24,732,000USDevidence →