Call reports 2006
1ST INDEPENDENCE BANK — 2006
What 1ST INDEPENDENCE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 333,786,000 | 347,220,000 | 336,754,000 | 341,305,000 |
| Total loans | 277,368,000 | 285,657,000 | 275,626,000 | 275,450,000 |
| Allowance for loan losses | 2,991,000 | 3,025,000 | 3,569,000 | 3,745,000 |
| Securities available for sale | 14,534,000 | 15,211,000 | 14,932,000 | 15,435,000 |
| Securities held to maturity | 1,967,000 | 1,903,000 | 1,901,000 | 1,900,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 264,498,000 | 272,894,000 | 266,183,000 | 255,429,000 |
| Interest-bearing deposits | 245,067,000 | 250,381,000 | 249,531,000 | 235,817,000 |
| Noninterest-bearing deposits | 19,431,000 | 22,513,000 | 16,652,000 | 19,612,000 |
| Equity capital | 44,028,000 | 44,755,000 | 45,526,000 | 46,162,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 5,209,000 | 10,832,000 | 16,616,000 | 22,387,000 |
| Interest expense | 2,457,000 | 5,185,000 | 8,128,000 | 11,176,000 |
| Net interest income | 2,752,000 | 5,647,000 | 8,488,000 | 11,211,000 |
| Noninterest income | 440,000 | 919,000 | 1,415,000 | 1,774,000 |
| Noninterest expense | 2,162,000 | 4,303,000 | 6,289,000 | 8,314,000 |
| Provision for loan losses | 81,000 | 112,000 | 655,000 | 847,000 |
| Pretax income | 949,000 | 2,151,000 | 2,959,000 | 3,824,000 |
| Income tax | 303,000 | 692,000 | 927,000 | 1,207,000 |
| Net income | 646,000 | 1,459,000 | 2,032,000 | 2,617,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,877,000 | 33,749,000 | 34,331,000 | 34,949,000 |
| Total capital | 35,868,000 | 36,774,000 | 37,604,000 | 38,200,000 |
| Risk-weighted assets | 256,621,000 | 275,379,000 | 261,535,000 | 259,584,000 |