FACTANKER · measured, cited, anchored official records connected

Call report 2022Q1

INDEPENDENCE BANK — 2022Q1

The 22 measures INDEPENDENCE BANK reported to the FFIEC for 2022Q1, each linked to its source filing.

PERIOD: 2022Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/2f54ae02-4fda-4360-b499-0cf32b9eb465/2022Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets186,187,000USDevidence →
Total loans115,305,000USDevidence →
Allowance for loan losses4,302,000USDevidence →
Securities available for sale25,624,000USDevidence →
Securities held to maturity6,943,000USDevidence →
Trading assets0USDevidence →
Total deposits161,166,000USDevidence →
Interest-bearing deposits113,064,000USDevidence →
Noninterest-bearing deposits48,102,000USDevidence →
Equity capital24,911,000USDevidence →

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 income1,461,000USDevidence →
Interest expense173,000USDevidence →
Net interest income1,288,000USDevidence →
Noninterest income49,000USDevidence →
Noninterest expense889,000USDevidence →
Provision for loan losses0USDevidence →
Pretax income448,000USDevidence →
Income tax98,000USDevidence →
Net income350,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital25,508,000USDevidence →