Call reports 2007
INDEPENDENT BANK DBA INDEPENDENT FINANCIAL — 2007
What INDEPENDENT BANK DBA INDEPENDENT FINANCIAL reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 485,912,000 | 490,380,000 | 492,506,000 | 487,139,000 |
| Total loans | 379,476,000 | 375,010,000 | 386,291,000 | 385,330,000 |
| Allowance for loan losses | 2,889,000 | 2,986,000 | 3,016,000 | 2,905,000 |
| Securities available for sale | 21,758,000 | 21,037,000 | 21,856,000 | 18,330,000 |
| Securities held to maturity | 30,514,000 | 30,437,000 | 36,039,000 | 33,531,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 434,754,000 | 441,406,000 | 442,593,000 | 436,722,000 |
| Interest-bearing deposits | 353,594,000 | 360,284,000 | 364,919,000 | 362,535,000 |
| Noninterest-bearing deposits | 81,160,000 | 81,122,000 | 77,674,000 | 74,187,000 |
| Equity capital | 46,344,000 | 46,946,000 | 47,387,000 | 48,270,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 8,386,000 | 16,962,000 | 25,617,000 | 34,028,000 |
| Interest expense | 3,548,000 | 7,212,000 | 10,999,000 | 14,672,000 |
| Net interest income | 4,838,000 | 9,750,000 | 14,618,000 | 19,356,000 |
| Noninterest income | 773,000 | 1,602,000 | 2,172,000 | 3,004,000 |
| Noninterest expense | 3,578,000 | 7,244,000 | 11,065,000 | 14,659,000 |
| Provision for loan losses | 180,000 | 271,000 | 363,000 | 458,000 |
| Pretax income | 1,853,000 | 3,837,000 | 5,362,000 | 7,243,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,853,000 | 3,837,000 | 5,362,000 | 7,243,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,550,000 | 36,282,000 | 36,632,000 | 37,493,000 |
| Total capital | 38,439,000 | 39,268,000 | 39,648,000 | 40,398,000 |
| Risk-weighted assets | 379,454,000 | 381,455,000 | 386,696,000 | 385,957,000 |
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