Call report 2023Q2
INDEPENDENCE BANK — 2023Q2
The 22 measures INDEPENDENCE BANK reported to the FFIEC for 2023Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 1,184,195,000 | USD | evidence → |
| Total loans | 873,059,000 | USD | evidence → |
| Allowance for loan losses | 12,105,000 | USD | evidence → |
| Securities available for sale | 222,479,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 1,059,139,000 | USD | evidence → |
| Interest-bearing deposits | 848,803,000 | USD | evidence → |
| Noninterest-bearing deposits | 210,336,000 | USD | evidence → |
| Equity capital | 118,659,000 | 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 | 28,225,000 | USD | evidence → |
| Interest expense | 7,320,000 | USD | evidence → |
| Net interest income | 20,905,000 | USD | evidence → |
| Noninterest income | 1,742,000 | USD | evidence → |
| Noninterest expense | 10,305,000 | USD | evidence → |
| Provision for loan losses | 62,000 | USD | evidence → |
| Pretax income | 12,280,000 | USD | evidence → |
| Income tax | 3,209,000 | USD | evidence → |
| Net income | 9,071,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 144,267,000 | USD | evidence → |
| Total capital | 156,372,000 | USD | evidence → |
| Risk-weighted assets | 1,012,188,000 | USD | evidence → |