Call reports 2001
1ST INDEPENDENCE BANK — 2001
What 1ST INDEPENDENCE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 58,815,000 | 58,165,000 | 59,756,000 | 65,290,000 |
| Total loans | 44,156,000 | 45,741,000 | 48,998,000 | 53,787,000 |
| Allowance for loan losses | 460,000 | 460,000 | 490,000 | 538,000 |
| Securities available for sale | 4,242,000 | 3,774,000 | 2,439,000 | 2,193,000 |
| Securities held to maturity | 782,000 | 782,000 | 756,000 | 756,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,216,000 | 47,424,000 | 48,002,000 | 53,178,000 |
| Interest-bearing deposits | 41,901,000 | 42,155,000 | 42,494,000 | 47,319,000 |
| Noninterest-bearing deposits | 5,315,000 | 5,269,000 | 5,508,000 | 5,859,000 |
| Equity capital | 5,709,000 | 5,763,000 | 5,873,000 | 6,172,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,188,000 | 2,365,000 | 3,529,000 | 4,663,000 |
| Interest expense | 665,000 | 1,320,000 | 1,951,000 | 2,545,000 |
| Net interest income | 523,000 | 1,045,000 | 1,578,000 | 2,118,000 |
| Noninterest income | 69,000 | 131,000 | 209,000 | 336,000 |
| Noninterest expense | 495,000 | 1,032,000 | 1,581,000 | 2,151,000 |
| Provision for loan losses | 25,000 | 35,000 | 72,000 | 123,000 |
| Pretax income | 72,000 | 109,000 | 134,000 | 180,000 |
| Income tax | 28,000 | 40,000 | 52,000 | 73,000 |
| Net income | 44,000 | 69,000 | 82,000 | 107,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,622,000 | 4,708,000 | 4,822,000 | 5,147,000 |
| Total capital | 5,082,000 | 5,168,000 | 5,312,000 | 5,685,000 |
| Risk-weighted assets | 43,492,000 | 43,600,000 | 45,827,000 | 50,326,000 |