Call reports 2005
INDEPENDENT COMMUNITY BANK — 2005
What INDEPENDENT COMMUNITY BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 118,014,000 | 134,515,000 | 128,641,000 | 146,395,000 |
| Total loans | 88,976,000 | 103,083,000 | 104,439,000 | 109,091,000 |
| Allowance for loan losses | 924,000 | 1,089,000 | 1,309,000 | 1,494,000 |
| Securities available for sale | 10,617,000 | 10,154,000 | 8,822,000 | 8,418,000 |
| Securities held to maturity | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,290,000 | 109,307,000 | 106,701,000 | 124,083,000 |
| Interest-bearing deposits | 76,821,000 | 86,620,000 | 86,420,000 | 100,475,000 |
| Noninterest-bearing deposits | 24,469,000 | 22,687,000 | 20,281,000 | 23,608,000 |
| Equity capital | 11,022,000 | 11,473,000 | 11,810,000 | 12,168,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,515,000 | 3,304,000 | 5,372,000 | 7,563,000 |
| Interest expense | 428,000 | 973,000 | 1,652,000 | 2,382,000 |
| Net interest income | 1,087,000 | 2,331,000 | 3,720,000 | 5,181,000 |
| Noninterest income | 31,000 | 57,000 | 92,000 | 133,000 |
| Noninterest expense | 526,000 | 1,084,000 | 1,687,000 | 2,358,000 |
| Provision for loan losses | 75,000 | 240,000 | 460,000 | 645,000 |
| Pretax income | 517,000 | 1,064,000 | 1,665,000 | 2,311,000 |
| Income tax | 203,000 | 420,000 | 657,000 | 909,000 |
| Net income | 314,000 | 644,000 | 1,008,000 | 1,402,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,247,000 | 11,584,000 | 11,950,000 | 12,384,000 |
| Total capital | 12,171,000 | 12,673,000 | 13,259,000 | 13,859,000 |
| Risk-weighted assets | 96,411,000 | 111,354,000 | 111,294,000 | 117,999,000 |