Call report 2024Q1
INDEPENDENCE BANK — 2024Q1
The 22 measures INDEPENDENCE BANK reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 182,421,000 | USD | evidence → |
| Total loans | 106,634,000 | USD | evidence → |
| Allowance for loan losses | 3,925,000 | USD | evidence → |
| Securities available for sale | 21,839,000 | USD | evidence → |
| Securities held to maturity | 9,262,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 155,507,000 | USD | evidence → |
| Interest-bearing deposits | 120,692,000 | USD | evidence → |
| Noninterest-bearing deposits | 34,815,000 | USD | evidence → |
| Equity capital | 25,946,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 2,608,000 | USD | evidence → |
| Interest expense | 1,175,000 | USD | evidence → |
| Net interest income | 1,433,000 | USD | evidence → |
| Noninterest income | 74,000 | USD | evidence → |
| Noninterest expense | 1,012,000 | USD | evidence → |
| Provision for loan losses | 0 | USD | evidence → |
| Pretax income | 495,000 | USD | evidence → |
| Income tax | 129,000 | USD | evidence → |
| Net income | 366,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 27,231,000 | USD | evidence → |