Call report 2024Q1
INDEPENDENCE BANK — 2024Q1
The 22 measures INDEPENDENCE BANK reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 1,194,303,000 | USD | evidence → |
| Total loans | 855,823,000 | USD | evidence → |
| Allowance for loan losses | 12,244,000 | USD | evidence → |
| Securities available for sale | 241,218,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 1,047,458,000 | USD | evidence → |
| Interest-bearing deposits | 837,256,000 | USD | evidence → |
| Noninterest-bearing deposits | 210,202,000 | USD | evidence → |
| Equity capital | 127,938,000 | 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 | 15,773,000 | USD | evidence → |
| Interest expense | 5,738,000 | USD | evidence → |
| Net interest income | 10,035,000 | USD | evidence → |
| Noninterest income | 772,000 | USD | evidence → |
| Noninterest expense | 5,291,000 | USD | evidence → |
| Provision for loan losses | 62,000 | USD | evidence → |
| Pretax income | 5,454,000 | USD | evidence → |
| Income tax | 1,427,000 | USD | evidence → |
| Net income | 4,027,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 152,311,000 | USD | evidence → |
| Total capital | 164,468,000 | USD | evidence → |
| Risk-weighted assets | 972,530,000 | USD | evidence → |