Call reports 2012
INDEPENDENT BANK — 2012
What INDEPENDENT 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 | 2,416,600,000 | 2,403,526,000 | 2,400,950,000 | 2,021,254,000 |
| Total loans | 1,576,204,000 | 1,554,925,000 | 1,527,781,000 | 1,471,308,000 |
| Allowance for loan losses | 56,006,000 | 51,346,000 | 48,021,000 | 44,275,000 |
| Securities available for sale | 303,658,000 | 247,047,000 | 230,186,000 | 208,413,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 69,000 | 86,000 | 38,000 | 110,000 |
| Total deposits | 2,192,876,000 | 2,195,785,000 | 2,182,090,000 | 1,789,073,000 |
| Interest-bearing deposits | 1,664,493,000 | 1,648,569,000 | 1,621,414,000 | 1,291,136,000 |
| Noninterest-bearing deposits | 528,383,000 | 547,216,000 | 560,676,000 | 497,937,000 |
| Equity capital | 156,267,000 | 164,453,000 | 173,283,000 | 186,384,000 |
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 | 25,957,000 | 51,553,000 | 76,605,000 | 100,574,000 |
| Interest expense | 2,875,000 | 5,565,000 | 8,112,000 | 10,364,000 |
| Net interest income | 23,082,000 | 45,988,000 | 68,493,000 | 90,210,000 |
| Noninterest income | 12,980,000 | 24,994,000 | 38,673,000 | 58,946,000 |
| Noninterest expense | 26,877,000 | 55,526,000 | 84,346,000 | 113,153,000 |
| Provision for loan losses | 5,131,000 | 6,187,000 | 6,438,000 | 6,887,000 |
| Pretax income | 4,569,000 | 9,850,000 | 17,243,000 | 29,970,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 4,569,000 | 9,850,000 | 17,243,000 | 29,970,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 160,955,000 | 166,591,000 | 174,171,000 | 189,777,000 |
| Total capital | 180,538,000 | 185,594,000 | 192,779,000 | 207,553,000 |
| Risk-weighted assets | 1,529,014,000 | 1,486,666,000 | 1,458,527,000 | 1,388,287,000 |