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Call report 2024Q2

INDEPENDENT BANK DBA INDEPENDENT FINANCIAL — 2024Q2

The 22 measures INDEPENDENT BANK DBA INDEPENDENT FINANCIAL reported to the FFIEC for 2024Q2, each linked to its source filing.

PERIOD: 2024Q2SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/7b7b9f8c-6373-4c0c-92e2-4ef79f50b3b1/2024Q2

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets18,354,859,000USDevidence →
Total loans14,633,835,000USDevidence →
Allowance for loan losses145,323,000USDevidence →
Securities available for sale1,494,470,000USDevidence →
Securities held to maturity204,319,000USDevidence →
Trading assets0USDevidence →
Total deposits15,846,465,000USDevidence →
Interest-bearing deposits12,464,183,000USDevidence →
Noninterest-bearing deposits3,382,282,000USDevidence →
Equity capital2,221,549,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income474,290,000USDevidence →
Interest expense256,310,000USDevidence →
Net interest income217,980,000USDevidence →
Noninterest income27,122,000USDevidence →
Noninterest expense686,357,000USDevidence →
Provision for loan losses-2,840,000USDevidence →
Pretax income-438,055,000USDevidence →
Income tax15,128,000USDevidence →
Net income-453,183,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital1,895,342,000USDevidence →
Total capital2,043,629,000USDevidence →
Risk-weighted assets16,180,647,000USDevidence →

Machine access — free, no API key

Every figure shown here about INDEPENDENT BANK DBA INDEPENDENT FINANCIAL — 2024Q2 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.