Call report 2023Q4
INDEPENDENCE BANK — 2023Q4
The 22 measures INDEPENDENCE BANK reported to the FFIEC for 2023Q4, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 1,196,296,000 | USD | evidence → |
| Total loans | 861,991,000 | USD | evidence → |
| Allowance for loan losses | 12,601,000 | USD | evidence → |
| Securities available for sale | 235,662,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 1,057,524,000 | USD | evidence → |
| Interest-bearing deposits | 838,097,000 | USD | evidence → |
| Noninterest-bearing deposits | 219,427,000 | USD | evidence → |
| Equity capital | 129,965,000 | 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 | 59,377,000 | USD | evidence → |
| Interest expense | 17,255,000 | USD | evidence → |
| Net interest income | 42,122,000 | USD | evidence → |
| Noninterest income | 3,221,000 | USD | evidence → |
| Noninterest expense | 21,329,000 | USD | evidence → |
| Provision for loan losses | 693,000 | USD | evidence → |
| Pretax income | 23,310,000 | USD | evidence → |
| Income tax | 5,874,000 | USD | evidence → |
| Net income | 17,436,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 152,532,000 | USD | evidence → |
| Total capital | 164,734,000 | USD | evidence → |
| Risk-weighted assets | 975,815,000 | USD | evidence → |