Call reports 2017
INDEPENDENCE STATE BANK — 2017
What INDEPENDENCE STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 65,165,000 | 64,697,000 | 65,259,000 | 65,651,000 |
| Total loans | 50,605,000 | 51,250,000 | 50,143,000 | 49,318,000 |
| Allowance for loan losses | 722,000 | 721,000 | 721,000 | 1,136,000 |
| Securities available for sale | 7,064,000 | 6,357,000 | 6,192,000 | 6,039,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,786,000 | 54,606,000 | 54,492,000 | 55,842,000 |
| Interest-bearing deposits | 46,008,000 | 45,301,000 | 44,735,000 | 44,130,000 |
| Noninterest-bearing deposits | 9,778,000 | 9,305,000 | 9,757,000 | 11,712,000 |
| Equity capital | 5,694,000 | 5,758,000 | 6,702,000 | 5,851,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 621,000 | 1,249,000 | 1,894,000 | 2,596,000 |
| Interest expense | 73,000 | 152,000 | 234,000 | 317,000 |
| Net interest income | 548,000 | 1,097,000 | 1,660,000 | 2,279,000 |
| Noninterest income | 50,000 | 113,000 | 186,000 | 255,000 |
| Noninterest expense | 573,000 | 1,153,000 | 1,703,000 | 2,283,000 |
| Provision for loan losses | 0 | 0 | 0 | 400,000 |
| Pretax income | 25,000 | 59,000 | 145,000 | -147,000 |
| Income tax | 0 | 0 | -863,000 | -692,000 |
| Net income | 25,000 | 59,000 | 1,008,000 | 545,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,787,000 | 5,820,000 | 5,975,000 | 5,374,000 |
| Total capital | 6,433,000 | 6,455,000 | 6,609,000 | 6,026,000 |
| Risk-weighted assets | 51,207,000 | 50,344,000 | 50,090,000 | 51,075,000 |