Call report 2024Q1
INDEPENDENT BANK — 2024Q1
The 22 measures INDEPENDENT BANK reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 5,227,008,000 | USD | evidence → |
| Total loans | 3,851,260,000 | USD | evidence → |
| Allowance for loan losses | 56,313,000 | USD | evidence → |
| Securities available for sale | 613,620,000 | USD | evidence → |
| Securities held to maturity | 350,112,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 4,648,307,000 | USD | evidence → |
| Interest-bearing deposits | 3,561,149,000 | USD | evidence → |
| Noninterest-bearing deposits | 1,087,158,000 | USD | evidence → |
| Equity capital | 441,705,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 65,286,000 | USD | evidence → |
| Interest expense | 23,857,000 | USD | evidence → |
| Net interest income | 41,429,000 | USD | evidence → |
| Noninterest income | 12,803,000 | USD | evidence → |
| Noninterest expense | 32,709,000 | USD | evidence → |
| Provision for loan losses | 1,871,000 | USD | evidence → |
| Pretax income | 21,162,000 | USD | evidence → |
| Income tax | 4,127,000 | USD | evidence → |
| Net income | 17,035,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 477,361,000 | USD | evidence → |
| Total capital | 529,972,000 | USD | evidence → |
| Risk-weighted assets | 4,200,186,000 | USD | evidence → |