Call reports 2021
INDEPENDENCE STATE BANK — 2021
What INDEPENDENCE STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 85,821,000 | 89,098,000 | 81,403,000 | 83,120,000 |
| Total loans | 54,586,000 | 54,611,000 | 53,170,000 | 52,423,000 |
| Allowance for loan losses | 717,000 | 718,000 | 718,000 | 719,000 |
| Securities available for sale | 14,547,000 | 14,483,000 | 14,625,000 | 17,013,000 |
| Securities held to maturity | 662,000 | 662,000 | 561,000 | 561,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,304,000 | 73,057,000 | 70,164,000 | 72,011,000 |
| Interest-bearing deposits | 55,183,000 | 54,221,000 | 51,134,000 | 51,786,000 |
| Noninterest-bearing deposits | 20,121,000 | 18,836,000 | 19,030,000 | 20,225,000 |
| Equity capital | 7,019,000 | 7,177,000 | 7,271,000 | 7,126,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 901,000 | 1,655,000 | 2,325,000 | 2,996,000 |
| Interest expense | 87,000 | 168,000 | 232,000 | 279,000 |
| Net interest income | 814,000 | 1,487,000 | 2,093,000 | 2,717,000 |
| Noninterest income | 54,000 | 106,000 | 180,000 | 232,000 |
| Noninterest expense | 570,000 | 1,136,000 | 1,721,000 | 2,325,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 334,000 | 494,000 | 590,000 | 665,000 |
| Income tax | 87,000 | 127,000 | 149,000 | 163,000 |
| Net income | 247,000 | 367,000 | 441,000 | 502,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,470,000 | 6,591,000 | 6,665,000 | 6,698,000 |
| Total capital | 7,187,000 | 7,309,000 | 7,383,000 | 7,417,000 |
| Risk-weighted assets | 57,781,000 | 58,681,000 | 59,137,000 | 58,540,000 |