Call reports 2010
INDEPENDENCE BANK — 2010
What INDEPENDENCE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 351,257,000 | 351,856,000 | 334,094,000 | 322,739,000 |
| Total loans | 287,049,000 | 276,350,000 | 264,904,000 | 257,810,000 |
| Allowance for loan losses | 6,358,000 | 6,513,000 | 5,879,000 | 5,738,000 |
| Securities available for sale | 48,209,000 | 53,761,000 | 51,771,000 | 50,553,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 274,629,000 | 276,890,000 | 256,649,000 | 241,415,000 |
| Interest-bearing deposits | 267,972,000 | 270,040,000 | 249,460,000 | 235,434,000 |
| Noninterest-bearing deposits | 6,657,000 | 6,850,000 | 7,189,000 | 5,980,000 |
| Equity capital | 32,732,000 | 34,104,000 | 34,438,000 | 34,461,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 4,831,000 | 9,541,000 | 14,134,000 | 18,442,000 |
| Interest expense | 1,675,000 | 3,133,000 | 4,455,000 | 5,618,000 |
| Net interest income | 3,156,000 | 6,408,000 | 9,679,000 | 12,824,000 |
| Noninterest income | 96,000 | 391,000 | 615,000 | 797,000 |
| Noninterest expense | 2,816,000 | 5,280,000 | 7,616,000 | 11,092,000 |
| Provision for loan losses | 75,000 | 525,000 | 975,000 | 845,000 |
| Pretax income | 444,000 | 1,077,000 | 2,071,000 | 2,196,000 |
| Income tax | 188,000 | 455,000 | 871,000 | 971,000 |
| Net income | 256,000 | 622,000 | 1,200,000 | 1,225,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,812,000 | 34,191,000 | 34,844,000 | 34,988,000 |
| Total capital | 36,684,000 | 37,942,000 | 38,380,000 | 38,424,000 |
| Risk-weighted assets | 307,229,000 | 297,297,000 | 280,473,000 | 272,582,000 |
Machine access — free, no API key
Every figure shown here about INDEPENDENCE BANK — 2010 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.