Call reports 2013
INDEPENDENT BANK — 2013
What INDEPENDENT BANK 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 | 2,102,724,000 | 2,123,566,000 | 2,172,438,000 | 2,199,198,000 |
| Total loans | 1,429,238,000 | 1,422,219,000 | 1,408,631,000 | 1,396,375,000 |
| Allowance for loan losses | 40,765,000 | 36,786,000 | 34,437,000 | 32,325,000 |
| Securities available for sale | 283,934,000 | 353,775,000 | 415,885,000 | 462,481,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 201,000 | 293,000 | 308,000 | 498,000 |
| Total deposits | 1,863,338,000 | 1,829,709,000 | 1,877,768,000 | 1,902,088,000 |
| Interest-bearing deposits | 1,342,877,000 | 1,312,363,000 | 1,340,061,000 | 1,366,148,000 |
| Noninterest-bearing deposits | 520,461,000 | 517,346,000 | 537,707,000 | 535,940,000 |
| Equity capital | 195,095,000 | 250,480,000 | 245,083,000 | 250,306,000 |
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 | 22,174,000 | 44,275,000 | 66,294,000 | 88,029,000 |
| Interest expense | 1,813,000 | 3,562,000 | 5,219,000 | 6,845,000 |
| Net interest income | 20,361,000 | 40,713,000 | 61,075,000 | 81,184,000 |
| Noninterest income | 11,254,000 | 23,681,000 | 33,165,000 | 43,767,000 |
| Noninterest expense | 24,657,000 | 51,868,000 | 77,530,000 | 102,206,000 |
| Provision for loan losses | -691,000 | -2,798,000 | -3,153,000 | -3,988,000 |
| Pretax income | 7,642,000 | 15,306,000 | 19,845,000 | 26,714,000 |
| Income tax | 35,000 | -47,904,000 | -47,368,000 | -45,798,000 |
| Net income | 7,607,000 | 63,210,000 | 67,213,000 | 72,512,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 197,688,000 | 210,096,000 | 206,999,000 | 216,146,000 |
| Total capital | 215,128,000 | 227,860,000 | 224,855,000 | 234,078,000 |
| Risk-weighted assets | 1,363,134,000 | 1,393,985,000 | 1,404,079,000 | 1,412,668,000 |