Call reports 2025
INDEPENDENCE BANK — 2025
What INDEPENDENCE BANK reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 178,746,000 | 183,345,000 | 185,371,000 | 181,255,000 |
| Total loans | 115,500,000 | 114,337,000 | 113,319,000 | 114,094,000 |
| Allowance for loan losses | 3,927,000 | 3,927,000 | 3,927,000 | 3,925,000 |
| Securities available for sale | 24,570,000 | 24,469,000 | 24,625,000 | 25,669,000 |
| Securities held to maturity | 8,316,000 | 8,309,000 | 8,315,000 | 8,322,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,521,000 | 154,258,000 | 155,956,000 | 152,212,000 |
| Interest-bearing deposits | 115,154,000 | 120,687,000 | 122,989,000 | 121,634,000 |
| Noninterest-bearing deposits | 34,367,000 | 33,571,000 | 32,967,000 | 30,578,000 |
| Equity capital | 26,760,000 | 26,658,000 | 27,057,000 | 27,115,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 2,412,000 | 4,829,000 | 7,359,000 | 9,705,000 |
| Interest expense | 1,090,000 | 2,201,000 | 3,306,000 | 4,370,000 |
| Net interest income | 1,322,000 | 2,628,000 | 4,053,000 | 5,335,000 |
| Noninterest income | 22,000 | 45,000 | 70,000 | 95,000 |
| Noninterest expense | 817,000 | 1,690,000 | 2,665,000 | 3,714,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 527,000 | 983,000 | 1,458,000 | 1,715,000 |
| Income tax | 136,000 | 248,000 | 402,000 | 508,000 |
| Net income | 391,000 | 735,000 | 1,056,000 | 1,207,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,876,000 | 27,722,000 | 28,043,000 | 28,015,000 |