Call reports 2009
INDEPENDENCE BANK — 2009
What INDEPENDENCE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 84,048,000 | 82,138,000 | 75,062,000 | 73,925,000 |
| Total loans | 51,202,000 | 45,087,000 | 38,590,000 | 40,747,000 |
| Allowance for loan losses | 433,000 | 597,000 | 640,000 | 790,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 9,730,000 | 14,730,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,594,000 | 61,896,000 | 55,634,000 | 55,310,000 |
| Interest-bearing deposits | 56,378,000 | 55,523,000 | 48,675,000 | 46,739,000 |
| Noninterest-bearing deposits | 6,216,000 | 6,372,000 | 6,959,000 | 8,571,000 |
| Equity capital | 6,489,000 | 6,254,000 | 6,260,000 | 6,337,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 814,000 | 1,641,000 | 2,416,000 | 3,264,000 |
| Interest expense | 478,000 | 981,000 | 1,399,000 | 1,779,000 |
| Net interest income | 336,000 | 660,000 | 1,017,000 | 1,485,000 |
| Noninterest income | 849,000 | 1,168,000 | 1,883,000 | 2,706,000 |
| Noninterest expense | 842,000 | 1,638,000 | 2,574,000 | 3,507,000 |
| Provision for loan losses | 137,000 | 330,000 | 432,000 | 606,000 |
| Pretax income | 206,000 | -140,000 | -106,000 | 78,000 |
| Income tax | 82,000 | -44,000 | -29,000 | 37,000 |
| Net income | 124,000 | -96,000 | -77,000 | 41,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,464,000 | 6,228,000 | 6,229,000 | 6,305,000 |
| Total capital | 6,897,000 | 6,672,000 | 6,664,000 | 6,764,000 |
| Risk-weighted assets | 35,780,000 | 35,416,000 | 34,571,000 | 36,375,000 |
Machine access — free, no API key
Every figure shown here about INDEPENDENCE BANK — 2009 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.