Call reports 2013
INDEPENDENCE FEDERAL BANK FOR SAVINGS — 2013
What INDEPENDENCE FEDERAL BANK FOR SAVINGS reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 20,177,000 | 19,649,000 | 19,788,000 | 19,530,000 |
| Total loans | 10,375,000 | 10,233,000 | 10,798,000 | 10,588,000 |
| Allowance for loan losses | 156,000 | 149,000 | 149,000 | 149,000 |
| Securities available for sale | 8,937,000 | 8,729,000 | 8,443,000 | 8,655,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,077,000 | 18,055,000 | 18,373,000 | 18,034,000 |
| Interest-bearing deposits | 18,077,000 | 18,055,000 | 18,373,000 | 18,034,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 1,638,000 | 1,569,000 | 1,389,000 | 1,373,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 138,000 | 288,000 | 442,000 | 566,000 |
| Interest expense | 74,000 | 148,000 | 221,000 | 297,000 |
| Net interest income | 64,000 | 140,000 | 221,000 | 269,000 |
| Noninterest income | 1,000 | 5,000 | 8,000 | 10,000 |
| Noninterest expense | 154,000 | 303,000 | 407,000 | 587,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -89,000 | -158,000 | -178,000 | -308,000 |
| Income tax | 5,000 | 5,000 | 5,000 | 5,000 |
| Net income | -94,000 | -163,000 | -183,000 | -313,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,633,000 | 1,564,000 | 1,511,000 | 1,442,000 |
| Total capital | 1,728,000 | 1,654,000 | 1,606,000 | 1,537,000 |
| Risk-weighted assets | 7,496,000 | 7,260,000 | 7,617,000 | 7,533,000 |