Call reports 2012
INDEPENDENCE FEDERAL BANK FOR SAVINGS — 2012
What INDEPENDENCE FEDERAL BANK FOR SAVINGS 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 | 23,578,000 | 21,845,000 | 21,278,000 | 20,779,000 |
| Total loans | 11,845,000 | 11,500,000 | 10,989,000 | 10,443,000 |
| Allowance for loan losses | 156,000 | 156,000 | 156,000 | 156,000 |
| Securities available for sale | 10,488,000 | 9,793,000 | 9,814,000 | 9,591,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,840,000 | 18,199,000 | 17,364,000 | 17,469,000 |
| Interest-bearing deposits | 18,840,000 | 18,199,000 | 17,364,000 | 17,469,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 2,005,000 | 1,903,000 | 1,823,000 | 1,745,000 |
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 | 185,000 | 382,000 | 581,000 | 752,000 |
| Interest expense | 138,000 | 260,000 | 353,000 | 435,000 |
| Net interest income | 47,000 | 122,000 | 228,000 | 317,000 |
| Noninterest income | 3,000 | -27,000 | -25,000 | -23,000 |
| Noninterest expense | 176,000 | 308,000 | 436,000 | 563,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -126,000 | -213,000 | -203,000 | -218,000 |
| Income tax | -36,000 | -62,000 | 10,000 | 5,000 |
| Net income | -90,000 | -151,000 | -213,000 | -223,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,860,000 | 1,799,000 | 1,737,000 | 1,727,000 |
| Total capital | 1,971,000 | 1,910,000 | 1,737,000 | 1,727,000 |
| Risk-weighted assets | 9,084,000 | 8,217,000 | 7,989,000 | 7,745,000 |