Call reports 2017
FIRST INDEPENDENT BANK — 2017
What FIRST INDEPENDENT BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 271,982,000 | 275,882,000 | 274,621,000 | 287,476,000 |
| Total loans | 199,272,000 | 206,387,000 | 204,705,000 | 211,428,000 |
| Allowance for loan losses | 3,784,000 | 3,572,000 | 3,743,000 | 3,745,000 |
| Securities available for sale | 37,008,000 | 35,259,000 | 32,047,000 | 33,918,000 |
| Securities held to maturity | 13,867,000 | 16,913,000 | 19,609,000 | 21,707,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 232,102,000 | 226,733,000 | 223,022,000 | 227,514,000 |
| Interest-bearing deposits | 186,140,000 | 181,308,000 | 178,023,000 | 173,683,000 |
| Noninterest-bearing deposits | 45,962,000 | 45,425,000 | 44,999,000 | 53,831,000 |
| Equity capital | 31,465,000 | 30,397,000 | 31,290,000 | 31,217,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,964,000 | 5,905,000 | 8,925,000 | 12,022,000 |
| Interest expense | 267,000 | 557,000 | 877,000 | 1,216,000 |
| Net interest income | 2,697,000 | 5,348,000 | 8,048,000 | 10,806,000 |
| Noninterest income | 240,000 | 492,000 | 820,000 | 1,075,000 |
| Noninterest expense | 1,451,000 | 3,083,000 | 4,620,000 | 6,662,000 |
| Provision for loan losses | 150,000 | 335,000 | 535,000 | 685,000 |
| Pretax income | 1,336,000 | 2,422,000 | 3,729,000 | 4,550,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,336,000 | 2,422,000 | 3,729,000 | 4,550,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,398,000 | 29,121,000 | 29,861,000 | 30,192,000 |
| Total capital | 33,406,000 | 32,124,000 | 32,865,000 | 33,293,000 |
| Risk-weighted assets | 239,846,000 | 239,707,000 | 239,615,000 | 247,441,000 |