Call reports 2006
INDEPENDENCE BANK, NATIONAL ASSOCIATION — 2006
What INDEPENDENCE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 112,194,000 | 114,520,000 | 119,439,000 | 123,633,000 |
| Total loans | 54,306,000 | 58,014,000 | 59,712,000 | 65,023,000 |
| Allowance for loan losses | 875,000 | 876,000 | 881,000 | 899,000 |
| Securities available for sale | 39,954,000 | 41,886,000 | 40,035,000 | 26,444,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,338,000 | 101,774,000 | 106,178,000 | 110,073,000 |
| Interest-bearing deposits | 78,143,000 | 79,350,000 | 87,078,000 | 90,581,000 |
| Noninterest-bearing deposits | 21,195,000 | 22,424,000 | 19,100,000 | 19,492,000 |
| Equity capital | 12,653,000 | 12,598,000 | 13,091,000 | 13,437,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,782,000 | 3,675,000 | 5,751,000 | 8,000,000 |
| Interest expense | 683,000 | 1,445,000 | 2,356,000 | 3,384,000 |
| Net interest income | 1,099,000 | 2,230,000 | 3,395,000 | 4,616,000 |
| Noninterest income | 154,000 | 299,000 | 412,000 | 478,000 |
| Noninterest expense | 1,050,000 | 2,157,000 | 3,270,000 | 4,351,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 210,000 | 379,000 | 564,000 | 783,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 210,000 | 379,000 | 564,000 | 783,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,009,000 | 13,178,000 | 13,364,000 | 13,582,000 |
| Total capital | 13,835,000 | 14,019,000 | 14,212,000 | 14,468,000 |
| Risk-weighted assets | 66,011,000 | 67,245,000 | 67,845,000 | 70,852,000 |