Call reports 2012
INDEPENDENCE BANK — 2012
What INDEPENDENCE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 452,062,000 | 456,900,000 | 484,122,000 | 478,389,000 |
| Total loans | 333,482,000 | 365,259,000 | 371,468,000 | 364,241,000 |
| Allowance for loan losses | 5,362,000 | 5,466,000 | 5,477,000 | 5,482,000 |
| Securities available for sale | 64,782,000 | 67,358,000 | 65,774,000 | 65,528,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 386,431,000 | 379,462,000 | 413,468,000 | 398,254,000 |
| Interest-bearing deposits | 305,208,000 | 301,894,000 | 322,433,000 | 309,336,000 |
| Noninterest-bearing deposits | 81,223,000 | 77,568,000 | 91,035,000 | 88,918,000 |
| Equity capital | 53,697,000 | 55,342,000 | 57,873,000 | 59,954,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 5,840,000 | 11,896,000 | 18,186,000 | 24,250,000 |
| Interest expense | 686,000 | 1,335,000 | 1,957,000 | 2,548,000 |
| Net interest income | 5,154,000 | 10,561,000 | 16,229,000 | 21,702,000 |
| Noninterest income | 307,000 | 617,000 | 944,000 | 1,303,000 |
| Noninterest expense | 1,853,000 | 3,974,000 | 6,006,000 | 8,275,000 |
| Provision for loan losses | 56,000 | 157,000 | 811,000 | 900,000 |
| Pretax income | 3,593,000 | 7,092,000 | 10,401,000 | 13,875,000 |
| Income tax | 1,300,000 | 2,654,000 | 3,866,000 | 5,072,000 |
| Net income | 2,293,000 | 4,438,000 | 6,535,000 | 8,803,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,232,000 | 52,777,000 | 54,874,000 | 57,142,000 |
| Total capital | 55,750,000 | 57,704,000 | 59,833,000 | 62,019,000 |
| Risk-weighted assets | 360,620,000 | 393,618,000 | 396,235,000 | 389,569,000 |