Call report 2024Q2
INDEPENDENT BANK — 2024Q2
The 22 measures INDEPENDENT BANK reported to the FFIEC for 2024Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 5,273,093,000 | USD | evidence → |
| Total loans | 3,869,778,000 | USD | evidence → |
| Allowance for loan losses | 56,241,000 | USD | evidence → |
| Securities available for sale | 591,974,000 | USD | evidence → |
| Securities held to maturity | 344,375,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 4,684,678,000 | USD | evidence → |
| Interest-bearing deposits | 3,571,604,000 | USD | evidence → |
| Noninterest-bearing deposits | 1,113,074,000 | USD | evidence → |
| Equity capital | 455,720,000 | 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 | 131,782,000 | USD | evidence → |
| Interest expense | 47,823,000 | USD | evidence → |
| Net interest income | 83,959,000 | USD | evidence → |
| Noninterest income | 25,305,000 | USD | evidence → |
| Noninterest expense | 66,176,000 | USD | evidence → |
| Provision for loan losses | 1,890,000 | USD | evidence → |
| Pretax income | 45,538,000 | USD | evidence → |
| Income tax | 9,040,000 | USD | evidence → |
| Net income | 36,498,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 490,704,000 | USD | evidence → |
| Total capital | 543,231,000 | USD | evidence → |
| Risk-weighted assets | 4,193,590,000 | USD | evidence → |