Call reports 2003

INDEPENDENT BANK — 2003

Name: INDEPENDENT BANK — FFIEC call report 2003
Creator: INDEPENDENT BANK

What INDEPENDENT BANK reported to the FFIEC in 2003, quarter by quarter.

PERIOD: 2003SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/c8f1bfbc-c786-4209-a0d3-ee82beaafc88/2003

Balance sheet

What the bank holds and owes at quarter end

Measure	2003Q1	2003Q2	2003Q3	2003Q4
Total assets	102,231,000	103,848,000	102,678,000	106,411,000
Total loans	59,755,000	58,707,000	59,651,000	61,118,000
Allowance for loan losses	450,000	481,000	513,000	544,000
Securities available for sale	24,703,000	24,410,000	24,851,000	25,663,000
Securities held to maturity	0	0	0	0
Trading assets	0	0	0	0
Total deposits	82,501,000	83,452,000	84,171,000	87,953,000
Interest-bearing deposits	70,741,000	71,398,000	71,714,000	74,595,000
Noninterest-bearing deposits	11,760,000	12,053,000	12,457,000	13,359,000
Equity capital	12,664,000	13,150,000	13,103,000	13,014,000

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure	2003Q1	2003Q2	2003Q3	2003Q4
Interest income	1,257,000	2,414,000	3,663,000	4,849,000
Interest expense	404,000	770,000	1,082,000	1,336,000
Net interest income	853,000	1,644,000	2,581,000	3,513,000
Noninterest income	282,000	596,000	855,000	1,163,000
Noninterest expense	799,000	1,541,000	2,387,000	3,156,000
Provision for loan losses	30,000	60,000	90,000	120,000
Pretax income	413,000	746,000	1,066,000	1,507,000
Income tax	102,000	168,000	236,000	372,000
Net income	311,000	578,000	830,000	1,135,000

Basel measures — not reported for every quarter

Measure	2003Q1	2003Q2	2003Q3	2003Q4
Tier 1 capital	12,163,000	12,331,000	12,583,000	12,488,000
Total capital	12,613,000	12,812,000	13,096,000	13,032,000
Risk-weighted assets	64,581,000	65,557,000	68,259,000	74,975,000