Call reports 2010
INDEPENDENCE BANK — 2010
What INDEPENDENCE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 70,030,000 | 72,450,000 | 71,322,000 | 70,489,000 |
| Total loans | 38,993,000 | 36,408,000 | 36,874,000 | 37,184,000 |
| Allowance for loan losses | 781,000 | 835,000 | 835,000 | 952,000 |
| Securities available for sale | 0 | 0 | 3,990,000 | 3,623,000 |
| Securities held to maturity | 12,730,000 | 12,730,000 | 7,975,000 | 5,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,221,000 | 53,357,000 | 51,418,000 | 52,473,000 |
| Interest-bearing deposits | 41,564,000 | 46,094,000 | 44,495,000 | 43,838,000 |
| Noninterest-bearing deposits | 8,657,000 | 7,263,000 | 6,923,000 | 8,634,000 |
| Equity capital | 6,097,000 | 6,446,000 | 6,472,000 | 6,531,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 846,000 | 1,644,000 | 2,439,000 | 3,181,000 |
| Interest expense | 321,000 | 594,000 | 843,000 | 1,090,000 |
| Net interest income | 525,000 | 1,050,000 | 1,596,000 | 2,091,000 |
| Noninterest income | 183,000 | 1,109,000 | 1,571,000 | 2,346,000 |
| Noninterest expense | 978,000 | 1,887,000 | 2,807,000 | 3,747,000 |
| Provision for loan losses | 37,000 | 37,000 | 37,000 | 162,000 |
| Pretax income | -307,000 | 235,000 | 323,000 | 528,000 |
| Income tax | -81,000 | 97,000 | 129,000 | 221,000 |
| Net income | -226,000 | 138,000 | 194,000 | 307,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,067,000 | 6,413,000 | 6,455,000 | 6,554,000 |
| Total capital | 6,491,000 | 6,832,000 | 6,858,000 | 6,934,000 |
| Risk-weighted assets | 33,958,000 | 33,123,000 | 31,829,000 | 29,870,000 |
Machine access — free, no API key
Every figure shown here about INDEPENDENCE BANK — 2010 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.