Call report 2022Q1
INDEPENDENCE BANK — 2022Q1
The 22 measures INDEPENDENCE BANK reported to the FFIEC for 2022Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 1,166,797,000 | USD | evidence → |
| Total loans | 746,946,000 | USD | evidence → |
| Allowance for loan losses | 11,553,000 | USD | evidence → |
| Securities available for sale | 219,959,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 1,042,607,000 | USD | evidence → |
| Interest-bearing deposits | 822,157,000 | USD | evidence → |
| Noninterest-bearing deposits | 220,450,000 | USD | evidence → |
| Equity capital | 118,190,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 10,315,000 | USD | evidence → |
| Interest expense | 621,000 | USD | evidence → |
| Net interest income | 9,694,000 | USD | evidence → |
| Noninterest income | 450,000 | USD | evidence → |
| Noninterest expense | 4,140,000 | USD | evidence → |
| Provision for loan losses | 5,000 | USD | evidence → |
| Pretax income | 5,999,000 | USD | evidence → |
| Income tax | 1,611,000 | USD | evidence → |
| Net income | 4,388,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 129,317,000 | USD | evidence → |
| Total capital | 140,148,000 | USD | evidence → |
| Risk-weighted assets | 865,791,000 | USD | evidence → |