Call reports 2010
INDEPENDENT NATIONAL BANK — 2010
What INDEPENDENT NATIONAL BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 |
|---|---|---|
| Total assets | 162,854,000 | 156,218,000 |
| Total loans | 126,210,000 | 117,751,000 |
| Allowance for loan losses | 5,465,000 | 5,547,000 |
| Securities available for sale | 9,434,000 | 8,891,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 148,335,000 | 141,877,000 |
| Interest-bearing deposits | 130,936,000 | 127,512,000 |
| Noninterest-bearing deposits | 17,399,000 | 14,365,000 |
| Equity capital | 3,904,000 | 3,094,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 |
|---|---|---|
| Interest income | 1,704,000 | 3,482,000 |
| Interest expense | 683,000 | 1,336,000 |
| Net interest income | 1,021,000 | 2,146,000 |
| Noninterest income | 180,000 | 180,000 |
| Noninterest expense | 1,742,000 | 3,291,000 |
| Provision for loan losses | 2,190,000 | 2,687,000 |
| Pretax income | -2,702,000 | -3,623,000 |
| Income tax | 0 | 0 |
| Net income | -2,702,000 | -3,623,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 |
|---|---|---|
| Tier 1 capital | 3,971,000 | 3,051,000 |
| Total capital | 5,527,000 | 4,520,000 |
| Risk-weighted assets | 120,544,000 | 113,454,000 |