Call reports 2012
INDEPENDENCE BANK — 2012
What INDEPENDENCE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 289,731,000 | 296,125,000 | 295,627,000 | 299,178,000 |
| Total loans | 210,494,000 | 212,636,000 | 214,690,000 | 213,772,000 |
| Allowance for loan losses | 4,338,000 | 4,464,000 | 4,483,000 | 4,021,000 |
| Securities available for sale | 61,914,000 | 66,265,000 | 64,901,000 | 68,210,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 201,881,000 | 199,562,000 | 196,931,000 | 216,664,000 |
| Interest-bearing deposits | 185,864,000 | 179,668,000 | 175,950,000 | 191,529,000 |
| Noninterest-bearing deposits | 16,017,000 | 19,894,000 | 20,981,000 | 25,135,000 |
| Equity capital | 37,966,000 | 38,653,000 | 39,652,000 | 39,933,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 3,692,000 | 7,286,000 | 10,764,000 | 14,319,000 |
| Interest expense | 635,000 | 1,226,000 | 1,775,000 | 2,204,000 |
| Net interest income | 3,057,000 | 6,060,000 | 8,989,000 | 12,115,000 |
| Noninterest income | 160,000 | 495,000 | 614,000 | -44,000 |
| Noninterest expense | 2,514,000 | 4,965,000 | 7,341,000 | 9,792,000 |
| Provision for loan losses | 150,000 | 435,000 | 435,000 | 135,000 |
| Pretax income | 553,000 | 1,178,000 | 1,887,000 | 2,222,000 |
| Income tax | 183,000 | 392,000 | 633,000 | 716,000 |
| Net income | 370,000 | 786,000 | 1,254,000 | 1,506,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,508,000 | 38,134,000 | 38,770,000 | 39,153,000 |
| Total capital | 40,479,000 | 41,097,000 | 41,742,000 | 42,096,000 |
| Risk-weighted assets | 236,169,000 | 235,512,000 | 236,233,000 | 234,345,000 |