Call reports 2015
INDEPENDENT BANK DBA INDEPENDENT FINANCIAL — 2015
What INDEPENDENT BANK DBA INDEPENDENT FINANCIAL reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 4,254,243,000 | 4,370,665,000 | 4,474,799,000 | 5,051,504,000 |
| Total loans | 3,310,282,000 | 3,381,846,000 | 3,534,387,000 | 4,000,151,000 |
| Allowance for loan losses | 20,227,000 | 21,764,000 | 25,088,000 | 27,043,000 |
| Securities available for sale | 198,149,000 | 180,465,000 | 200,188,000 | 273,463,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,394,110,000 | 3,474,501,000 | 3,541,749,000 | 4,034,809,000 |
| Interest-bearing deposits | 2,579,766,000 | 2,581,397,000 | 2,649,769,000 | 2,956,623,000 |
| Noninterest-bearing deposits | 814,344,000 | 893,104,000 | 891,980,000 | 1,078,186,000 |
| Equity capital | 631,248,000 | 640,638,000 | 647,898,000 | 708,730,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 40,735,000 | 83,481,000 | 126,613,000 | 174,025,000 |
| Interest expense | 3,461,000 | 7,200,000 | 11,042,000 | 15,107,000 |
| Net interest income | 37,274,000 | 76,281,000 | 115,571,000 | 158,918,000 |
| Noninterest income | 3,924,000 | 7,958,000 | 11,887,000 | 15,957,000 |
| Noninterest expense | 22,505,000 | 45,392,000 | 69,591,000 | 95,859,000 |
| Provision for loan losses | 1,670,000 | 3,329,000 | 7,261,000 | 9,231,000 |
| Pretax income | 17,023,000 | 35,608,000 | 50,696,000 | 69,919,000 |
| Income tax | 5,598,000 | 11,786,000 | 16,733,000 | 23,132,000 |
| Net income | 11,425,000 | 23,822,000 | 33,963,000 | 46,787,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 386,225,000 | 405,829,000 | 412,265,000 | 443,452,000 |
| Total capital | 406,452,000 | 427,593,000 | 437,353,000 | 470,495,000 |
| Risk-weighted assets | 3,469,961,000 | 3,563,579,000 | 3,729,959,000 | 4,253,234,000 |