FACTANKER · measured, cited, anchored official records connected

Call report 2023Q1

INDEPENDENT BANK — 2023Q1

The 22 measures INDEPENDENT BANK reported to the FFIEC for 2023Q1, each linked to its source filing.

PERIOD: 2023Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/748bbfd7-59f4-4e04-aa9d-81a679ff13cb/2023Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets5,134,787,000USDevidence →
Total loans3,529,014,000USDevidence →
Allowance for loan losses50,550,000USDevidence →
Securities available for sale767,526,000USDevidence →
Securities held to maturity369,737,000USDevidence →
Trading assets0USDevidence →
Total deposits4,615,077,000USDevidence →
Interest-bearing deposits3,372,412,000USDevidence →
Noninterest-bearing deposits1,242,665,000USDevidence →
Equity capital390,503,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income54,126,000USDevidence →
Interest expense14,388,000USDevidence →
Net interest income39,738,000USDevidence →
Noninterest income10,567,000USDevidence →
Noninterest expense31,058,000USDevidence →
Provision for loan losses-832,000USDevidence →
Pretax income17,340,000USDevidence →
Income tax3,208,000USDevidence →
Net income14,132,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital437,377,000USDevidence →
Total capital486,461,000USDevidence →
Risk-weighted assets3,923,766,000USDevidence →