Call reports 2012
INDEPENDENCE BANK, NATIONAL ASSOCIATION — 2012
What INDEPENDENCE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 204,156,000 | 207,142,000 | 210,576,000 | 217,648,000 |
| Total loans | 137,052,000 | 143,209,000 | 127,739,000 | 134,028,000 |
| Allowance for loan losses | 1,695,000 | 1,632,000 | 1,622,000 | 1,724,000 |
| Securities available for sale | 37,887,000 | 31,888,000 | 30,781,000 | 34,115,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 181,785,000 | 184,266,000 | 187,534,000 | 190,955,000 |
| Interest-bearing deposits | 157,307,000 | 157,131,000 | 154,803,000 | 156,697,000 |
| Noninterest-bearing deposits | 24,478,000 | 27,135,000 | 32,731,000 | 34,258,000 |
| Equity capital | 21,706,000 | 22,069,000 | 22,426,000 | 22,405,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 2,275,000 | 4,615,000 | 7,006,000 | 9,269,000 |
| Interest expense | 476,000 | 918,000 | 1,341,000 | 1,741,000 |
| Net interest income | 1,799,000 | 3,697,000 | 5,665,000 | 7,528,000 |
| Noninterest income | 273,000 | 534,000 | 391,000 | 486,000 |
| Noninterest expense | 1,676,000 | 3,420,000 | 4,911,000 | 6,559,000 |
| Provision for loan losses | 30,000 | 60,000 | 70,000 | 260,000 |
| Pretax income | 467,000 | 1,039,000 | 1,534,000 | 1,723,000 |
| Income tax | 155,000 | 353,000 | 519,000 | 619,000 |
| Net income | 312,000 | 686,000 | 1,015,000 | 1,104,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,531,000 | 21,956,000 | 22,336,000 | 22,357,000 |
| Total capital | 23,226,000 | 23,588,000 | 23,921,000 | 23,961,000 |
| Risk-weighted assets | 139,960,000 | 146,341,000 | 126,794,000 | 128,165,000 |