Call reports 2002
INDEPENDENT BANK — 2002
What INDEPENDENT BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 872,746,000 | 917,352,000 | 955,551,000 | 964,266,000 |
| Total loans | 603,723,000 | 629,982,000 | 668,427,000 | 686,665,000 |
| Allowance for loan losses | 7,097,000 | 7,427,000 | 7,450,000 | 7,496,000 |
| Securities available for sale | 199,987,000 | 218,956,000 | 201,941,000 | 193,320,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 655,321,000 | 667,139,000 | 676,026,000 | 681,723,000 |
| Interest-bearing deposits | 586,213,000 | 592,430,000 | 591,567,000 | 605,583,000 |
| Noninterest-bearing deposits | 69,108,000 | 74,709,000 | 84,459,000 | 76,140,000 |
| Equity capital | 71,312,000 | 74,029,000 | 75,178,000 | 77,543,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 15,016,000 | 30,356,000 | 46,137,000 | 61,772,000 |
| Interest expense | 5,999,000 | 11,973,000 | 17,918,000 | 23,752,000 |
| Net interest income | 9,017,000 | 18,383,000 | 28,219,000 | 38,020,000 |
| Noninterest income | 2,575,000 | 5,432,000 | 7,685,000 | 11,357,000 |
| Noninterest expense | 6,290,000 | 12,989,000 | 20,025,000 | 27,873,000 |
| Provision for loan losses | 187,000 | 723,000 | 1,010,000 | 1,657,000 |
| Pretax income | 5,062,000 | 10,050,000 | 15,180,000 | 19,970,000 |
| Income tax | 1,392,000 | 2,734,000 | 4,113,000 | 5,342,000 |
| Net income | 3,670,000 | 7,316,000 | 11,067,000 | 14,628,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,891,000 | 62,158,000 | 61,408,000 | 65,367,000 |
| Total capital | 68,988,000 | 69,585,000 | 68,858,000 | 72,863,000 |
| Risk-weighted assets | 616,285,000 | 626,238,000 | 655,806,000 | 665,393,000 |
Machine access — free, no API key
Every figure shown here about INDEPENDENT BANK — 2002 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 since 27 September get_timeseries for a metric over time with its gap years made explicit and compare_entities for several entities on one shared period) 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.