Call reports 2005
INDEPENDENT BANK — 2005
What INDEPENDENT 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 | 111,201,000 | 110,183,000 | 114,781,000 | 113,206,000 |
| Total loans | 73,488,000 | 72,255,000 | 71,424,000 | 73,085,000 |
| Allowance for loan losses | 399,000 | 428,000 | 629,000 | 722,000 |
| Securities available for sale | 22,152,000 | 21,715,000 | 21,646,000 | 22,945,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,352,000 | 83,437,000 | 87,893,000 | 86,504,000 |
| Interest-bearing deposits | 68,954,000 | 69,762,000 | 74,725,000 | 70,942,000 |
| Noninterest-bearing deposits | 15,397,000 | 13,675,000 | 13,169,000 | 15,561,000 |
| Equity capital | 12,831,000 | 13,154,000 | 13,213,000 | 12,996,000 |
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 | 1,293,000 | 2,614,000 | 3,991,000 | 5,421,000 |
| Interest expense | 342,000 | 735,000 | 1,185,000 | 1,688,000 |
| Net interest income | 951,000 | 1,879,000 | 2,806,000 | 3,733,000 |
| Noninterest income | 271,000 | 436,000 | 636,000 | 807,000 |
| Noninterest expense | 898,000 | 1,712,000 | 2,607,000 | 3,391,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 300,000 |
| Pretax income | 294,000 | 543,000 | 745,000 | 849,000 |
| Income tax | 57,000 | 102,000 | 133,000 | 66,000 |
| Net income | 237,000 | 441,000 | 612,000 | 783,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,708,000 | 12,912,000 | 13,084,000 | 12,924,000 |
| Total capital | 13,107,000 | 13,340,000 | 13,713,000 | 13,646,000 |
| Risk-weighted assets | 78,495,000 | 76,329,000 | 76,334,000 | 77,538,000 |