Call reports 2018
INDEPENDENT BANK DBA INDEPENDENT FINANCIAL — 2018
What INDEPENDENT BANK DBA INDEPENDENT FINANCIAL reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 8,802,656,000 | 10,010,536,000 | 9,884,055,000 | 9,842,314,000 |
| Total loans | 6,674,845,000 | 7,669,327,000 | 7,726,274,000 | 7,914,684,000 |
| Allowance for loan losses | 41,960,000 | 43,308,000 | 42,166,000 | 44,802,000 |
| Securities available for sale | 762,662,000 | 791,065,000 | 760,995,000 | 685,350,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,799,855,000 | 7,548,738,000 | 7,789,330,000 | 7,746,519,000 |
| Interest-bearing deposits | 4,957,731,000 | 5,362,766,000 | 5,547,475,000 | 5,591,864,000 |
| Noninterest-bearing deposits | 1,842,124,000 | 2,185,972,000 | 2,241,855,000 | 2,154,655,000 |
| Equity capital | 1,498,787,000 | 1,684,503,000 | 1,720,953,000 | 1,759,660,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 87,970,000 | 185,039,000 | 294,315,000 | 407,106,000 |
| Interest expense | 11,688,000 | 27,367,000 | 47,867,000 | 71,039,000 |
| Net interest income | 76,282,000 | 157,672,000 | 246,448,000 | 336,067,000 |
| Noninterest income | 9,470,000 | 19,585,000 | 32,243,000 | 42,341,000 |
| Noninterest expense | 42,345,000 | 85,664,000 | 134,706,000 | 184,119,000 |
| Provision for loan losses | 2,695,000 | 5,425,000 | 6,950,000 | 9,860,000 |
| Pretax income | 40,488,000 | 85,934,000 | 136,686,000 | 183,848,000 |
| Income tax | 8,145,000 | 17,669,000 | 27,908,000 | 37,279,000 |
| Net income | 32,343,000 | 68,265,000 | 108,778,000 | 146,569,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 850,365,000 | 933,177,000 | 976,057,000 | 1,009,981,000 |
| Total capital | 892,325,000 | 976,485,000 | 1,018,223,000 | 1,054,783,000 |
| Risk-weighted assets | 7,347,868,000 | 8,430,182,000 | 8,353,876,000 | 8,512,552,000 |