Call reports 2009
INDEPENDENT BANK — 2009
What INDEPENDENT BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 2,952,415,000 | 2,975,621,000 | 2,961,480,000 | 2,963,444,000 |
| Total loans | 2,483,198,000 | 2,510,019,000 | 2,413,539,000 | 2,336,519,000 |
| Allowance for loan losses | 58,305,000 | 65,271,000 | 73,710,000 | 81,717,000 |
| Securities available for sale | 213,463,000 | 196,658,000 | 184,004,000 | 164,151,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 1,144,000 | 37,000 | 90,000 | 54,000 |
| Total deposits | 2,195,258,000 | 2,403,670,000 | 2,512,365,000 | 2,579,717,000 |
| Interest-bearing deposits | 1,854,832,000 | 2,038,282,000 | 2,169,271,000 | 2,229,775,000 |
| Noninterest-bearing deposits | 340,426,000 | 365,388,000 | 343,094,000 | 349,942,000 |
| Equity capital | 243,497,000 | 243,606,000 | 229,531,000 | 196,451,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 47,655,000 | 96,070,000 | 144,239,000 | 189,903,000 |
| Interest expense | 11,509,000 | 22,476,000 | 33,483,000 | 43,913,000 |
| Net interest income | 36,146,000 | 73,594,000 | 110,756,000 | 145,990,000 |
| Noninterest income | 9,998,000 | 26,256,000 | 35,099,000 | 46,318,000 |
| Noninterest expense | 32,507,000 | 67,456,000 | 108,792,000 | 177,842,000 |
| Provision for loan losses | 30,124,000 | 55,783,000 | 78,208,000 | 103,318,000 |
| Pretax income | -16,285,000 | -20,678,000 | -38,366,000 | -86,062,000 |
| Income tax | 293,000 | -666,000 | -1,754,000 | -3,210,000 |
| Net income | -16,578,000 | -20,012,000 | -36,612,000 | -82,852,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 233,367,000 | 231,857,000 | 215,598,000 | 199,909,000 |
| Total capital | 263,296,000 | 262,043,000 | 244,818,000 | 228,128,000 |
| Risk-weighted assets | 2,363,859,000 | 2,377,813,000 | 2,291,233,000 | 2,202,160,000 |