Call reports 2016
FIRST INDEPENDENT BANK — 2016
What FIRST INDEPENDENT BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 282,152,000 | 272,357,000 | 275,731,000 | 283,364,000 |
| Total loans | 210,619,000 | 207,224,000 | 209,255,000 | 211,559,000 |
| Allowance for loan losses | 3,434,000 | 3,539,000 | 3,672,000 | 3,679,000 |
| Securities available for sale | 44,582,000 | 40,267,000 | 39,736,000 | 38,423,000 |
| Securities held to maturity | 8,855,000 | 9,717,000 | 11,019,000 | 13,926,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 228,798,000 | 228,162,000 | 225,116,000 | 228,523,000 |
| Interest-bearing deposits | 184,979,000 | 185,469,000 | 182,178,000 | 177,845,000 |
| Noninterest-bearing deposits | 43,819,000 | 42,693,000 | 42,938,000 | 50,678,000 |
| Equity capital | 28,223,000 | 30,124,000 | 31,306,000 | 29,837,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 3,291,000 | 6,343,000 | 9,415,000 | 12,471,000 |
| Interest expense | 299,000 | 587,000 | 875,000 | 1,153,000 |
| Net interest income | 2,992,000 | 5,756,000 | 8,540,000 | 11,318,000 |
| Noninterest income | 220,000 | 427,000 | 679,000 | 946,000 |
| Noninterest expense | 1,485,000 | 2,981,000 | 4,581,000 | 6,461,000 |
| Provision for loan losses | 0 | 150,000 | 300,000 | 450,000 |
| Pretax income | 1,792,000 | 3,143,000 | 4,429,000 | 5,444,000 |
| Income tax | 985,000 | 997,000 | 996,000 | 996,000 |
| Net income | 807,000 | 2,146,000 | 3,433,000 | 4,448,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,951,000 | 28,012,000 | 29,310,000 | 29,062,000 |
| Total capital | 30,024,000 | 30,933,000 | 32,140,000 | 32,079,000 |
| Risk-weighted assets | 245,547,000 | 233,022,000 | 225,527,000 | 240,660,000 |