Call reports 2014
INDEPENDENCE STATE BANK — 2014
What INDEPENDENCE STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 63,844,000 | 64,632,000 | 64,434,000 | 65,624,000 |
| Total loans | 44,014,000 | 46,228,000 | 45,950,000 | 44,956,000 |
| Allowance for loan losses | 622,000 | 563,000 | 532,000 | 511,000 |
| Securities available for sale | 12,408,000 | 10,549,000 | 10,674,000 | 11,353,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,457,000 | 58,005,000 | 57,856,000 | 57,038,000 |
| Interest-bearing deposits | 47,681,000 | 47,623,000 | 47,836,000 | 47,669,000 |
| Noninterest-bearing deposits | 9,775,000 | 10,382,000 | 10,020,000 | 9,369,000 |
| Equity capital | 5,170,000 | 5,240,000 | 5,297,000 | 5,391,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 635,000 | 1,292,000 | 1,987,000 | 2,653,000 |
| Interest expense | 59,000 | 121,000 | 181,000 | 241,000 |
| Net interest income | 576,000 | 1,171,000 | 1,806,000 | 2,412,000 |
| Noninterest income | 38,000 | 36,000 | 72,000 | 110,000 |
| Noninterest expense | 586,000 | 1,169,000 | 1,738,000 | 2,360,000 |
| Provision for loan losses | 0 | 0 | 8,000 | 128,000 |
| Pretax income | 40,000 | 359,000 | 453,000 | 365,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 40,000 | 359,000 | 453,000 | 365,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,313,000 | 5,328,000 | 5,380,000 | 5,447,000 |
| Total capital | 5,896,000 | 5,891,000 | 5,914,000 | 5,958,000 |
| Risk-weighted assets | 46,612,000 | 47,387,000 | 47,539,000 | 47,014,000 |