Call reports 2020
INDEPENDENCE STATE BANK — 2020
What INDEPENDENCE STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 70,864,000 | 75,951,000 | 80,583,000 | 80,314,000 |
| Total loans | 49,760,000 | 50,761,000 | 53,736,000 | 52,208,000 |
| Allowance for loan losses | 709,000 | 719,000 | 729,000 | 717,000 |
| Securities available for sale | 8,501,000 | 8,501,000 | 11,656,000 | 11,275,000 |
| Securities held to maturity | 0 | 662,000 | 662,000 | 662,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,918,000 | 61,268,000 | 67,107,000 | 69,463,000 |
| Interest-bearing deposits | 46,620,000 | 46,754,000 | 50,318,000 | 51,891,000 |
| Noninterest-bearing deposits | 12,298,000 | 14,514,000 | 16,789,000 | 17,572,000 |
| Equity capital | 6,530,000 | 6,833,000 | 6,912,000 | 6,930,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 727,000 | 1,632,000 | 2,323,000 | 2,955,000 |
| Interest expense | 148,000 | 279,000 | 394,000 | 489,000 |
| Net interest income | 579,000 | 1,353,000 | 1,929,000 | 2,466,000 |
| Noninterest income | 43,000 | 149,000 | 254,000 | 339,000 |
| Noninterest expense | 547,000 | 1,099,000 | 1,643,000 | 2,218,000 |
| Provision for loan losses | 9,000 | 24,000 | 33,000 | -50,000 |
| Pretax income | 59,000 | 377,000 | 504,000 | 635,000 |
| Income tax | 15,000 | 101,000 | 133,000 | 171,000 |
| Net income | 44,000 | 276,000 | 371,000 | 464,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,758,000 | 5,990,000 | 6,084,000 | 6,224,000 |
| Total capital | 6,436,000 | 6,685,000 | 6,813,000 | 6,921,000 |
| Risk-weighted assets | 53,986,000 | 55,633,000 | 59,133,000 | 55,817,000 |