Call reports 2004
1ST INDEPENDENCE BANK — 2004
What 1ST INDEPENDENCE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 121,574,000 | 145,404,000 | 277,409,000 | 297,609,000 |
| Total loans | 99,929,000 | 114,426,000 | 215,283,000 | 238,541,000 |
| Allowance for loan losses | 972,000 | 1,046,000 | 2,560,000 | 2,549,000 |
| Securities available for sale | 2,195,000 | 7,646,000 | 26,325,000 | 25,731,000 |
| Securities held to maturity | 323,000 | 323,000 | 2,153,000 | 2,150,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,775,000 | 126,877,000 | 220,335,000 | 223,990,000 |
| Interest-bearing deposits | 91,274,000 | 111,514,000 | 208,054,000 | 206,838,000 |
| Noninterest-bearing deposits | 11,501,000 | 15,363,000 | 12,281,000 | 17,152,000 |
| Equity capital | 11,956,000 | 12,020,000 | 40,849,000 | 41,725,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,564,000 | 3,310,000 | 6,553,000 | 10,331,000 |
| Interest expense | 438,000 | 960,000 | 2,527,000 | 3,843,000 |
| Net interest income | 1,126,000 | 2,350,000 | 4,026,000 | 6,488,000 |
| Noninterest income | 416,000 | 859,000 | 576,000 | 1,073,000 |
| Noninterest expense | 1,305,000 | 2,750,000 | 4,547,000 | 6,750,000 |
| Provision for loan losses | 50,000 | 130,000 | 1,203,000 | 1,203,000 |
| Pretax income | 187,000 | 329,000 | -1,148,000 | -392,000 |
| Income tax | 68,000 | 120,000 | -502,000 | -404,000 |
| Net income | 119,000 | 209,000 | -646,000 | 12,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,953,000 | 11,046,000 | 25,709,000 | 26,570,000 |
| Total capital | 11,925,000 | 12,092,000 | 30,372,000 | 31,642,000 |
| Risk-weighted assets | 93,094,000 | 109,305,000 | 191,741,000 | 209,682,000 |