Call reports 2013
INDEPENDENCE BANK, NATIONAL ASSOCIATION — 2013
What INDEPENDENCE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 |
|---|---|---|---|
| Total assets | 217,978,000 | 220,121,000 | 221,187,000 |
| Total loans | 129,939,000 | 137,615,000 | 135,919,000 |
| Allowance for loan losses | 1,724,000 | 1,703,000 | 1,746,000 |
| Securities available for sale | 49,350,000 | 46,406,000 | 44,548,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 194,448,000 | 196,847,000 | 197,524,000 |
| Interest-bearing deposits | 158,083,000 | 161,505,000 | 160,501,000 |
| Noninterest-bearing deposits | 36,365,000 | 35,342,000 | 37,023,000 |
| Equity capital | 22,764,000 | 22,453,000 | 22,546,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 |
|---|---|---|---|
| Interest income | 2,188,000 | 4,476,000 | 6,852,000 |
| Interest expense | 396,000 | 794,000 | 1,199,000 |
| Net interest income | 1,792,000 | 3,682,000 | 5,653,000 |
| Noninterest income | 408,000 | 633,000 | 681,000 |
| Noninterest expense | 1,739,000 | 3,483,000 | 5,214,000 |
| Provision for loan losses | 0 | 0 | 0 |
| Pretax income | 528,000 | 938,000 | 1,226,000 |
| Income tax | 167,000 | 290,000 | 373,000 |
| Net income | 361,000 | 648,000 | 853,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 |
|---|---|---|---|
| Tier 1 capital | 22,737,000 | 23,044,000 | 23,349,000 |
| Total capital | 24,418,000 | 24,747,000 | 25,095,000 |
| Risk-weighted assets | 134,454,000 | 167,492,000 | 142,482,000 |