Call reports 2025
INDEPENDENCE BANK — 2025
What INDEPENDENCE BANK reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 1,283,425,000 | 1,336,081,000 | 1,328,487,000 | 1,344,534,000 |
| Total loans | 946,894,000 | 994,286,000 | 1,051,189,000 | 1,035,765,000 |
| Allowance for loan losses | 12,963,000 | 13,064,000 | 13,367,000 | 14,665,000 |
| Securities available for sale | 240,427,000 | 245,870,000 | 227,148,000 | 237,449,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,128,935,000 | 1,182,162,000 | 1,156,525,000 | 1,165,620,000 |
| Interest-bearing deposits | 902,142,000 | 951,292,000 | 932,946,000 | 930,947,000 |
| Noninterest-bearing deposits | 226,793,000 | 230,870,000 | 223,578,000 | 234,673,000 |
| Equity capital | 142,806,000 | 143,826,000 | 155,329,000 | 161,309,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 17,759,000 | 37,043,000 | 57,272,000 | 77,820,000 |
| Interest expense | 5,921,000 | 12,142,000 | 18,559,000 | 24,703,000 |
| Net interest income | 11,838,000 | 24,901,000 | 38,713,000 | 53,117,000 |
| Noninterest income | 869,000 | 1,661,000 | 2,385,000 | 3,170,000 |
| Noninterest expense | 5,739,000 | 11,991,000 | 18,035,000 | 25,072,000 |
| Provision for loan losses | 29,000 | 138,000 | 475,000 | 1,796,000 |
| Pretax income | 6,939,000 | 14,433,000 | 21,852,000 | 28,683,000 |
| Income tax | 1,988,000 | 4,284,000 | 6,361,000 | 8,158,000 |
| Net income | 4,951,000 | 10,149,000 | 15,491,000 | 20,525,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 164,550,000 | 167,091,000 | 172,364,000 | 177,398,000 |
| Total capital | 177,513,000 | 180,155,000 | 185,731,000 | 191,779,000 |
| Risk-weighted assets | 1,077,312,000 | 1,121,622,000 | 1,176,147,000 | 1,150,200,000 |