Call reports 2004
INDEPENDENT BANK — 2004
What INDEPENDENT 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 | 103,250,000 | 102,777,000 | 106,726,000 | 114,050,000 |
| Total loans | 59,615,000 | 68,159,000 | 73,058,000 | 73,563,000 |
| Allowance for loan losses | 578,000 | 397,000 | 396,000 | 411,000 |
| Securities available for sale | 25,562,000 | 22,172,000 | 20,629,000 | 22,768,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,602,000 | 83,634,000 | 84,083,000 | 88,617,000 |
| Interest-bearing deposits | 71,406,000 | 69,942,000 | 70,733,000 | 73,441,000 |
| Noninterest-bearing deposits | 13,196,000 | 13,692,000 | 13,350,000 | 15,176,000 |
| Equity capital | 13,293,000 | 13,091,000 | 13,034,000 | 12,767,000 |
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 | 1,128,000 | 2,292,000 | 3,506,000 | 4,803,000 |
| Interest expense | 269,000 | 512,000 | 772,000 | 1,067,000 |
| Net interest income | 859,000 | 1,780,000 | 2,734,000 | 3,736,000 |
| Noninterest income | 180,000 | 374,000 | 542,000 | 746,000 |
| Noninterest expense | 849,000 | 1,671,000 | 2,621,000 | 3,590,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 160,000 | 458,000 | 612,000 | 819,000 |
| Income tax | 6,000 | 66,000 | 79,000 | 50,000 |
| Net income | 154,000 | 392,000 | 533,000 | 769,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,641,000 | 12,879,000 | 12,620,000 | 12,471,000 |
| Total capital | 13,219,000 | 13,276,000 | 13,016,000 | 12,882,000 |
| Risk-weighted assets | 67,866,000 | 72,610,000 | 76,752,000 | 78,407,000 |