Call reports 2004
INDEPENDENT COMMUNITY BANK — 2004
What INDEPENDENT COMMUNITY BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 95,792,000 | 85,789,000 | 96,358,000 | 106,968,000 |
| Total loans | 50,891,000 | 62,088,000 | 72,256,000 | 80,400,000 |
| Allowance for loan losses | 486,000 | 551,000 | 664,000 | 824,000 |
| Securities available for sale | 15,182,000 | 13,130,000 | 12,055,000 | 11,412,000 |
| Securities held to maturity | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,033,000 | 70,292,000 | 78,616,000 | 90,239,000 |
| Interest-bearing deposits | 56,266,000 | 49,269,000 | 60,074,000 | 69,752,000 |
| Noninterest-bearing deposits | 20,768,000 | 21,023,000 | 18,542,000 | 20,487,000 |
| Equity capital | 7,525,000 | 7,419,000 | 7,736,000 | 10,840,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 833,000 | 1,777,000 | 2,917,000 | 4,190,000 |
| Interest expense | 245,000 | 505,000 | 791,000 | 1,134,000 |
| Net interest income | 588,000 | 1,272,000 | 2,126,000 | 3,056,000 |
| Noninterest income | 25,000 | 53,000 | 80,000 | 101,000 |
| Noninterest expense | 422,000 | 863,000 | 1,317,000 | 1,876,000 |
| Provision for loan losses | 101,000 | 166,000 | 348,000 | 508,000 |
| Pretax income | 167,000 | 373,000 | 618,000 | 853,000 |
| Income tax | 63,000 | 142,000 | 237,000 | 331,000 |
| Net income | 104,000 | 231,000 | 381,000 | 522,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,820,000 | 7,018,000 | 7,711,000 | 10,934,000 |
| Total capital | 7,306,000 | 7,569,000 | 8,375,000 | 11,758,000 |
| Risk-weighted assets | 61,974,000 | 68,965,000 | 81,370,000 | 83,697,000 |