Call report 2023Q1
INDEPENDENCE BANK — 2023Q1
The 22 measures INDEPENDENCE BANK reported to the FFIEC for 2023Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 1,181,468,000 | USD | evidence → |
| Total loans | 818,205,000 | USD | evidence → |
| Allowance for loan losses | 12,092,000 | USD | evidence → |
| Securities available for sale | 228,093,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 1,056,572,000 | USD | evidence → |
| Interest-bearing deposits | 821,817,000 | USD | evidence → |
| Noninterest-bearing deposits | 234,755,000 | USD | evidence → |
| Equity capital | 116,698,000 | 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 | 13,783,000 | USD | evidence → |
| Interest expense | 3,277,000 | USD | evidence → |
| Net interest income | 10,506,000 | USD | evidence → |
| Noninterest income | 818,000 | USD | evidence → |
| Noninterest expense | 4,931,000 | USD | evidence → |
| Provision for loan losses | 0 | USD | evidence → |
| Pretax income | 6,393,000 | USD | evidence → |
| Income tax | 1,691,000 | USD | evidence → |
| Net income | 4,702,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 141,573,000 | USD | evidence → |
| Total capital | 153,665,000 | USD | evidence → |
| Risk-weighted assets | 968,964,000 | USD | evidence → |