FACTANKER · measured, cited, anchored official records connected

Call report 2020Q2

INDEPENDENCE BANK — 2020Q2

The 22 measures INDEPENDENCE BANK reported to the FFIEC for 2020Q2, each linked to its source filing.

PERIOD: 2020Q2SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/4fea4227-4add-49bb-9f73-092a9eca7614/2020Q2

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets902,246,000USDevidence →
Total loans750,315,000USDevidence →
Allowance for loan losses9,486,000USDevidence →
Securities available for sale66,686,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits769,015,000USDevidence →
Interest-bearing deposits646,725,000USDevidence →
Noninterest-bearing deposits122,290,000USDevidence →
Equity capital112,479,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income20,849,000USDevidence →
Interest expense3,180,000USDevidence →
Net interest income17,669,000USDevidence →
Noninterest income895,000USDevidence →
Noninterest expense7,534,000USDevidence →
Provision for loan losses1,181,000USDevidence →
Pretax income10,813,000USDevidence →
Income tax3,017,000USDevidence →
Net income7,796,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital109,427,000USDevidence →
Total capital118,870,000USDevidence →
Risk-weighted assets755,412,000USDevidence →