Call reports 2021
FIRST INDEPENDENT BANK — 2021
What FIRST INDEPENDENT BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 364,268,000 | 376,574,000 | 371,579,000 | 432,206,000 |
| Total loans | 215,629,000 | 212,124,000 | 211,463,000 | 234,986,000 |
| Allowance for loan losses | 4,575,000 | 4,576,000 | 4,581,000 | 4,569,000 |
| Securities available for sale | 47,695,000 | 46,575,000 | 47,478,000 | 59,575,000 |
| Securities held to maturity | 57,838,000 | 66,248,000 | 67,642,000 | 94,545,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 314,966,000 | 325,583,000 | 319,248,000 | 376,038,000 |
| Interest-bearing deposits | 237,597,000 | 236,912,000 | 234,384,000 | 258,312,000 |
| Noninterest-bearing deposits | 77,369,000 | 88,671,000 | 84,864,000 | 117,726,000 |
| Equity capital | 35,784,000 | 36,946,000 | 39,584,000 | 40,531,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,323,000 | 6,876,000 | 11,192,000 | 15,431,000 |
| Interest expense | 368,000 | 697,000 | 997,000 | 1,285,000 |
| Net interest income | 2,955,000 | 6,179,000 | 10,195,000 | 14,146,000 |
| Noninterest income | 925,000 | 1,211,000 | 1,494,000 | 2,612,000 |
| Noninterest expense | 1,773,000 | 3,736,000 | 5,390,000 | 7,708,000 |
| Provision for loan losses | 150,000 | 150,000 | 150,000 | 150,000 |
| Pretax income | 2,016,000 | 3,558,000 | 6,302,000 | 9,075,000 |
| Income tax | 0 | 4,000 | 5,000 | 544,000 |
| Net income | 2,016,000 | 3,554,000 | 6,297,000 | 8,531,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,473,000 | 35,389,000 | 38,133,000 | 39,009,000 |
| Total capital | 37,588,000 | 38,249,000 | 40,847,000 | 42,351,000 |
| Risk-weighted assets | 247,783,000 | 227,127,000 | 215,262,000 | 266,201,000 |