Call reports 2006
INDEPENDENCE BANK — 2006
What INDEPENDENCE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 290,090,000 | 300,480,000 | 309,429,000 | 301,097,000 |
| Total loans | 228,596,000 | 238,485,000 | 245,939,000 | 237,351,000 |
| Allowance for loan losses | 2,454,000 | 2,490,000 | 2,545,000 | 2,548,000 |
| Securities available for sale | 46,529,000 | 44,443,000 | 45,219,000 | 47,038,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 232,833,000 | 240,537,000 | 255,508,000 | 261,588,000 |
| Interest-bearing deposits | 222,071,000 | 208,596,000 | 224,042,000 | 226,765,000 |
| Noninterest-bearing deposits | 10,762,000 | 31,941,000 | 31,466,000 | 34,823,000 |
| Equity capital | 33,738,000 | 34,461,000 | 30,494,000 | 32,057,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 4,848,000 | 10,004,000 | 15,606,000 | 21,168,000 |
| Interest expense | 1,563,000 | 3,496,000 | 5,763,000 | 8,072,000 |
| Net interest income | 3,285,000 | 6,508,000 | 9,843,000 | 13,096,000 |
| Noninterest income | 290,000 | 586,000 | 949,000 | 1,369,000 |
| Noninterest expense | 1,476,000 | 2,828,000 | 4,270,000 | 5,623,000 |
| Provision for loan losses | 58,000 | 73,000 | 181,000 | 211,000 |
| Pretax income | 2,041,000 | 4,193,000 | 6,341,000 | 8,637,000 |
| Income tax | 739,000 | 1,578,000 | 2,400,000 | 3,141,000 |
| Net income | 1,302,000 | 2,615,000 | 3,941,000 | 5,496,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,655,000 | 33,818,000 | 29,394,000 | 30,749,000 |
| Total capital | 35,109,000 | 36,308,000 | 31,939,000 | 33,297,000 |
| Risk-weighted assets | 245,508,000 | 255,111,000 | 263,464,000 | 253,373,000 |
Machine access — free, no API key
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