FACTANKER · measured, cited, anchored official records connected

Call report 2023Q4

INDEPENDENT BANK — 2023Q4

The 22 measures INDEPENDENT BANK reported to the FFIEC for 2023Q4, each linked to its source filing.

PERIOD: 2023Q4SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/748bbfd7-59f4-4e04-aa9d-81a679ff13cb/2023Q4

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets5,259,523,000USDevidence →
Total loans3,806,344,000USDevidence →
Allowance for loan losses54,658,000USDevidence →
Securities available for sale679,350,000USDevidence →
Securities held to maturity354,145,000USDevidence →
Trading assets0USDevidence →
Total deposits4,684,576,000USDevidence →
Interest-bearing deposits3,555,043,000USDevidence →
Noninterest-bearing deposits1,129,533,000USDevidence →
Equity capital430,407,000USDevidence →

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 income240,417,000USDevidence →
Interest expense78,939,000USDevidence →
Net interest income161,478,000USDevidence →
Noninterest income50,185,000USDevidence →
Noninterest expense125,597,000USDevidence →
Provision for loan losses3,221,000USDevidence →
Pretax income79,210,000USDevidence →
Income tax15,842,000USDevidence →
Net income63,368,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital469,023,000USDevidence →
Total capital521,374,000USDevidence →
Risk-weighted assets4,183,414,000USDevidence →