Call reports 2012
INDEPENDENCE BANK — 2012
What INDEPENDENCE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 63,584,000 | 66,425,000 | 61,632,000 | 61,148,000 |
| Total loans | 30,073,000 | 30,892,000 | 31,725,000 | 31,530,000 |
| Allowance for loan losses | 1,203,000 | 1,323,000 | 1,489,000 | 1,597,000 |
| Securities available for sale | 2,613,000 | 2,388,000 | 2,164,000 | 1,908,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,201,000 | 53,710,000 | 49,582,000 | 49,776,000 |
| Interest-bearing deposits | 40,928,000 | 41,245,000 | 38,238,000 | 36,414,000 |
| Noninterest-bearing deposits | 9,273,000 | 12,465,000 | 11,344,000 | 13,362,000 |
| Equity capital | 7,191,000 | 7,258,000 | 7,303,000 | 7,249,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 616,000 | 1,171,000 | 1,761,000 | 2,133,000 |
| Interest expense | 173,000 | 324,000 | 463,000 | 594,000 |
| Net interest income | 443,000 | 847,000 | 1,298,000 | 1,539,000 |
| Noninterest income | 715,000 | 1,501,000 | 2,206,000 | 3,029,000 |
| Noninterest expense | 886,000 | 1,836,000 | 2,792,000 | 3,801,000 |
| Provision for loan losses | 111,000 | 222,000 | 333,000 | 444,000 |
| Pretax income | 161,000 | 290,000 | 379,000 | 323,000 |
| Income tax | 64,000 | 118,000 | 154,000 | 133,000 |
| Net income | 97,000 | 172,000 | 225,000 | 190,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,137,000 | 7,197,000 | 7,231,000 | 7,188,000 |
| Total capital | 7,490,000 | 7,559,000 | 7,614,000 | 7,583,000 |
| Risk-weighted assets | 27,403,000 | 27,976,000 | 29,528,000 | 30,433,000 |
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