Call report 2024Q2
INDEPENDENCE BANK — 2024Q2
The 22 measures INDEPENDENCE BANK reported to the FFIEC for 2024Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 1,221,172,000 | USD | evidence → |
| Total loans | 911,078,000 | USD | evidence → |
| Allowance for loan losses | 12,298,000 | USD | evidence → |
| Securities available for sale | 237,603,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 1,080,115,000 | USD | evidence → |
| Interest-bearing deposits | 868,619,000 | USD | evidence → |
| Noninterest-bearing deposits | 211,496,000 | USD | evidence → |
| Equity capital | 131,578,000 | 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 | 32,507,000 | USD | evidence → |
| Interest expense | 11,937,000 | USD | evidence → |
| Net interest income | 20,570,000 | USD | evidence → |
| Noninterest income | 1,526,000 | USD | evidence → |
| Noninterest expense | 11,076,000 | USD | evidence → |
| Provision for loan losses | 114,000 | USD | evidence → |
| Pretax income | 10,906,000 | USD | evidence → |
| Income tax | 2,726,000 | USD | evidence → |
| Net income | 8,180,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 154,944,000 | USD | evidence → |
| Total capital | 167,242,000 | USD | evidence → |
| Risk-weighted assets | 1,055,717,000 | USD | evidence → |