Call reports 2005
1ST INDEPENDENCE BANK — 2005
What 1ST INDEPENDENCE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 300,025,000 | 316,423,000 | 328,002,000 | 334,769,000 |
| Total loans | 246,952,000 | 263,679,000 | 270,694,000 | 271,166,000 |
| Allowance for loan losses | 2,747,000 | 2,757,000 | 2,817,000 | 2,911,000 |
| Securities available for sale | 18,230,000 | 17,269,000 | 16,130,000 | 15,165,000 |
| Securities held to maturity | 2,036,000 | 1,979,000 | 1,977,000 | 1,975,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 233,207,000 | 247,853,000 | 260,327,000 | 265,727,000 |
| Interest-bearing deposits | 217,927,000 | 231,131,000 | 243,469,000 | 248,762,000 |
| Noninterest-bearing deposits | 15,280,000 | 16,722,000 | 16,858,000 | 16,965,000 |
| Equity capital | 41,238,000 | 42,090,000 | 42,833,000 | 43,373,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 4,073,000 | 8,459,000 | 13,213,000 | 18,398,000 |
| Interest expense | 1,586,000 | 3,348,000 | 5,313,000 | 7,629,000 |
| Net interest income | 2,487,000 | 5,111,000 | 7,900,000 | 10,769,000 |
| Noninterest income | 474,000 | 1,095,000 | 1,536,000 | 2,071,000 |
| Noninterest expense | 2,607,000 | 4,792,000 | 6,950,000 | 9,361,000 |
| Provision for loan losses | 202,000 | 202,000 | 262,000 | 354,000 |
| Pretax income | 5,165,000 | 6,225,000 | 7,108,000 | 8,009,000 |
| Income tax | 1,819,000 | 2,179,000 | 2,453,000 | 2,743,000 |
| Net income | 3,346,000 | 4,046,000 | 4,655,000 | 5,266,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,984,000 | 30,758,000 | 31,486,000 | 32,171,000 |
| Total capital | 32,731,000 | 33,515,000 | 34,303,000 | 35,082,000 |
| Risk-weighted assets | 233,142,000 | 243,925,000 | 255,194,000 | 258,040,000 |