Call report 2024Q2
INDEPENDENCE BANK — 2024Q2
The 22 measures INDEPENDENCE BANK reported to the FFIEC for 2024Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 182,666,000 | USD | evidence → |
| Total loans | 112,854,000 | USD | evidence → |
| Allowance for loan losses | 3,926,000 | USD | evidence → |
| Securities available for sale | 21,990,000 | USD | evidence → |
| Securities held to maturity | 9,272,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 154,654,000 | USD | evidence → |
| Interest-bearing deposits | 116,967,000 | USD | evidence → |
| Noninterest-bearing deposits | 37,687,000 | USD | evidence → |
| Equity capital | 25,637,000 | 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 | 5,097,000 | USD | evidence → |
| Interest expense | 2,375,000 | USD | evidence → |
| Net interest income | 2,722,000 | USD | evidence → |
| Noninterest income | 119,000 | USD | evidence → |
| Noninterest expense | 1,819,000 | USD | evidence → |
| Provision for loan losses | 0 | USD | evidence → |
| Pretax income | 1,018,000 | USD | evidence → |
| Income tax | 268,000 | USD | evidence → |
| Net income | 750,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 26,918,000 | USD | evidence → |