FACTANKER · measured, cited, anchored official records connected

Call report 2023Q3

INDEPENDENCE BANK — 2023Q3

The 22 measures INDEPENDENCE BANK reported to the FFIEC for 2023Q3, each linked to its source filing.

PERIOD: 2023Q3SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/2f54ae02-4fda-4360-b499-0cf32b9eb465/2023Q3

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets184,429,000USDevidence →
Total loans112,911,000USDevidence →
Allowance for loan losses4,201,000USDevidence →
Securities available for sale22,500,000USDevidence →
Securities held to maturity9,255,000USDevidence →
Trading assets0USDevidence →
Total deposits158,288,000USDevidence →
Interest-bearing deposits122,075,000USDevidence →
Noninterest-bearing deposits36,213,000USDevidence →
Equity capital25,174,000USDevidence →

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 income6,977,000USDevidence →
Interest expense2,497,000USDevidence →
Net interest income4,480,000USDevidence →
Noninterest income164,000USDevidence →
Noninterest expense2,750,000USDevidence →
Provision for loan losses-37,000USDevidence →
Pretax income1,666,000USDevidence →
Income tax457,000USDevidence →
Net income1,209,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital26,768,000USDevidence →
Total capital28,221,000USDevidence →
Risk-weighted assets113,502,000USDevidence →