Call reports 2024
INDEPENDENCE STATE BANK — 2024
What INDEPENDENCE STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 79,875,000 | 78,196,000 | 82,926,000 | 82,297,000 |
| Total loans | 55,292,000 | 56,828,000 | 56,183,000 | 55,417,000 |
| Allowance for loan losses | 692,000 | 692,000 | 692,000 | 692,000 |
| Securities available for sale | 14,236,000 | 14,528,000 | 14,475,000 | 13,955,000 |
| Securities held to maturity | 349,000 | 236,000 | 236,000 | 236,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,846,000 | 63,886,000 | 68,216,000 | 71,608,000 |
| Interest-bearing deposits | 51,943,000 | 50,029,000 | 55,104,000 | 56,789,000 |
| Noninterest-bearing deposits | 13,903,000 | 13,857,000 | 13,112,000 | 14,819,000 |
| Equity capital | 6,719,000 | 6,922,000 | 7,418,000 | 7,438,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 995,000 | 2,034,000 | 3,137,000 | 4,258,000 |
| Interest expense | 285,000 | 587,000 | 926,000 | 1,252,000 |
| Net interest income | 710,000 | 1,447,000 | 2,211,000 | 3,006,000 |
| Noninterest income | 32,000 | 56,000 | 101,000 | 149,000 |
| Noninterest expense | 597,000 | 1,183,000 | 1,787,000 | 2,414,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 145,000 | 316,000 | 525,000 | 743,000 |
| Income tax | 27,000 | 59,000 | 99,000 | 141,000 |
| Net income | 118,000 | 257,000 | 426,000 | 602,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,309,000 | 7,447,000 | 7,614,000 | 7,889,000 |
| Total capital | 8,025,000 | 8,163,000 | 8,330,000 | 8,605,000 |
| Risk-weighted assets | 61,740,000 | 62,726,000 | 62,822,000 | 62,804,000 |