Call reports 2017
INDEPENDENT BANK DBA INDEPENDENT FINANCIAL — 2017
What INDEPENDENT BANK DBA INDEPENDENT FINANCIAL reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 6,019,640,000 | 8,573,195,000 | 8,872,407,000 | 8,674,691,000 |
| Total loans | 4,705,165,000 | 6,258,026,000 | 6,384,476,000 | 6,507,247,000 |
| Allowance for loan losses | 33,431,000 | 35,881,000 | 37,770,000 | 39,402,000 |
| Securities available for sale | 350,409,000 | 754,139,000 | 747,147,000 | 763,002,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,727,232,000 | 6,679,761,000 | 6,882,796,000 | 6,643,784,000 |
| Interest-bearing deposits | 3,596,090,000 | 4,784,150,000 | 4,933,289,000 | 4,725,052,000 |
| Noninterest-bearing deposits | 1,131,142,000 | 1,895,611,000 | 1,949,507,000 | 1,918,732,000 |
| Equity capital | 804,962,000 | 1,363,825,000 | 1,390,811,000 | 1,476,890,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 55,939,000 | 135,809,000 | 220,467,000 | 307,873,000 |
| Interest expense | 6,200,000 | 14,543,000 | 24,336,000 | 34,401,000 |
| Net interest income | 49,739,000 | 121,266,000 | 196,131,000 | 273,472,000 |
| Noninterest income | 4,577,000 | 15,493,000 | 27,595,000 | 40,948,000 |
| Noninterest expense | 26,038,000 | 69,744,000 | 113,431,000 | 156,561,000 |
| Provision for loan losses | 2,023,000 | 4,495,000 | 6,368,000 | 8,265,000 |
| Pretax income | 26,255,000 | 62,572,000 | 103,979,000 | 149,718,000 |
| Income tax | 8,801,000 | 20,891,000 | 34,704,000 | 54,065,000 |
| Net income | 17,454,000 | 41,681,000 | 69,275,000 | 95,653,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 539,326,000 | 726,724,000 | 755,269,000 | 827,680,000 |
| Total capital | 572,757,000 | 762,610,000 | 793,048,000 | 867,082,000 |
| Risk-weighted assets | 5,103,091,000 | 6,808,419,000 | 6,974,713,000 | 7,139,280,000 |
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