Call reports 2001
FIRST INDEPENDENT BANK — 2001
What FIRST INDEPENDENT BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 65,954,000 | 68,390,000 | 72,814,000 | 79,560,000 |
| Total loans | 54,817,000 | 57,197,000 | 59,814,000 | 61,697,000 |
| Allowance for loan losses | 573,000 | 616,000 | 615,000 | 654,000 |
| Securities available for sale | 3,101,000 | 2,533,000 | 2,290,000 | 4,537,000 |
| Securities held to maturity | 748,000 | 745,000 | 1,243,000 | 1,480,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,169,000 | 55,364,000 | 59,506,000 | 66,057,000 |
| Interest-bearing deposits | 49,001,000 | 51,524,000 | 54,715,000 | 60,153,000 |
| Noninterest-bearing deposits | 4,168,000 | 3,840,000 | 4,791,000 | 5,904,000 |
| Equity capital | 5,431,000 | 5,633,000 | 5,993,000 | 6,212,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,467,000 | 3,004,000 | 4,589,000 | 6,207,000 |
| Interest expense | 773,000 | 1,546,000 | 2,322,000 | 3,071,000 |
| Net interest income | 694,000 | 1,458,000 | 2,267,000 | 3,136,000 |
| Noninterest income | 83,000 | 177,000 | 270,000 | 365,000 |
| Noninterest expense | 317,000 | 676,000 | 1,028,000 | 1,524,000 |
| Provision for loan losses | 210,000 | 405,000 | 405,000 | 480,000 |
| Pretax income | 250,000 | 554,000 | 1,110,000 | 1,497,000 |
| Income tax | 89,000 | 199,000 | 403,000 | 551,000 |
| Net income | 161,000 | 355,000 | 707,000 | 946,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,425,000 | 4,952,000 | 5,313,000 | 5,561,000 |
| Total capital | 5,998,000 | 5,568,000 | 5,928,000 | 6,215,000 |
| Risk-weighted assets | 51,612,000 | 54,083,000 | 56,398,000 | 59,564,000 |