FACTANKER · measured, cited, anchored official records connected

Call report 2024Q3

INDEPENDENCE BANK — 2024Q3

The 22 measures INDEPENDENCE BANK reported to the FFIEC for 2024Q3, each linked to its source filing.

PERIOD: 2024Q3SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/2f54ae02-4fda-4360-b499-0cf32b9eb465/2024Q3

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets188,562,000USDevidence →
Total loans114,404,000USDevidence →
Allowance for loan losses3,925,000USDevidence →
Securities available for sale22,895,000USDevidence →
Securities held to maturity8,289,000USDevidence →
Trading assets0USDevidence →
Total deposits160,007,000USDevidence →
Interest-bearing deposits118,430,000USDevidence →
Noninterest-bearing deposits41,577,000USDevidence →
Equity capital26,305,000USDevidence →

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 income7,665,000USDevidence →
Interest expense3,564,000USDevidence →
Net interest income4,101,000USDevidence →
Noninterest income141,000USDevidence →
Noninterest expense2,635,000USDevidence →
Provision for loan losses0USDevidence →
Pretax income1,603,000USDevidence →
Income tax418,000USDevidence →
Net income1,185,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital27,354,000USDevidence →