Call reports 2001
INDEPENDENT BANK — 2001
What INDEPENDENT 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 | 91,838,000 | 95,485,000 | 98,026,000 | 101,748,000 |
| Total loans | 58,534,000 | 57,575,000 | 55,264,000 | 54,828,000 |
| Allowance for loan losses | 492,000 | 498,000 | 496,000 | 497,000 |
| Securities available for sale | 21,727,000 | 22,388,000 | 23,198,000 | 20,798,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,394,000 | 75,787,000 | 77,670,000 | 81,185,000 |
| Interest-bearing deposits | 62,461,000 | 64,705,000 | 66,827,000 | 69,307,000 |
| Noninterest-bearing deposits | 9,933,000 | 11,082,000 | 10,843,000 | 11,878,000 |
| Equity capital | 10,717,000 | 10,927,000 | 11,329,000 | 11,493,000 |
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 | 1,671,000 | 3,305,000 | 4,856,000 | 6,307,000 |
| Interest expense | 829,000 | 1,623,000 | 2,394,000 | 3,087,000 |
| Net interest income | 842,000 | 1,682,000 | 2,462,000 | 3,220,000 |
| Noninterest income | 163,000 | 332,000 | 559,000 | 869,000 |
| Noninterest expense | 693,000 | 1,304,000 | 2,000,000 | 2,614,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 36,000 |
| Pretax income | 303,000 | 692,000 | 994,000 | 1,439,000 |
| Income tax | 61,000 | 215,000 | 296,000 | 286,000 |
| Net income | 242,000 | 477,000 | 698,000 | 1,153,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,715,000 | 10,950,000 | 11,171,000 | 11,577,000 |
| Total capital | 11,144,000 | 11,325,000 | 11,594,000 | 12,074,000 |
| Risk-weighted assets | 34,360,000 | 30,028,000 | 33,733,000 | 48,061,000 |