FACTANKER · measured, cited, anchored official records connected

Call report 2021Q2

INDEPENDENCE BANK — 2021Q2

The 22 measures INDEPENDENCE BANK reported to the FFIEC for 2021Q2, each linked to its source filing.

PERIOD: 2021Q2SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/2f54ae02-4fda-4360-b499-0cf32b9eb465/2021Q2

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets195,760,000USDevidence →
Total loans121,001,000USDevidence →
Allowance for loan losses4,352,000USDevidence →
Securities available for sale29,484,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits170,362,000USDevidence →
Interest-bearing deposits121,115,000USDevidence →
Noninterest-bearing deposits49,247,000USDevidence →
Equity capital24,966,000USDevidence →

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 income2,992,000USDevidence →
Interest expense383,000USDevidence →
Net interest income2,609,000USDevidence →
Noninterest income461,000USDevidence →
Noninterest expense2,098,000USDevidence →
Provision for loan losses192,000USDevidence →
Pretax income871,000USDevidence →
Income tax224,000USDevidence →
Net income647,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital24,684,000USDevidence →