Call reports 2001
BANK INDEPENDENT — 2001
What BANK INDEPENDENT reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 314,280,000 | 317,848,000 | 349,791,000 | 366,611,000 |
| Total loans | 222,845,000 | 229,377,000 | 238,181,000 | 246,537,000 |
| Allowance for loan losses | 3,346,000 | 3,256,000 | 3,197,000 | 3,179,000 |
| Securities available for sale | 64,160,000 | 58,953,000 | 70,180,000 | 68,802,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 244,849,000 | 244,231,000 | 284,633,000 | 300,685,000 |
| Interest-bearing deposits | 226,374,000 | 229,336,000 | 271,068,000 | 283,398,000 |
| Noninterest-bearing deposits | 18,475,000 | 14,895,000 | 13,565,000 | 17,287,000 |
| Equity capital | 30,550,000 | 31,326,000 | 32,144,000 | 32,682,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 5,836,000 | 11,815,000 | 17,734,000 | 23,951,000 |
| Interest expense | 3,017,000 | 5,838,000 | 8,598,000 | 11,278,000 |
| Net interest income | 2,819,000 | 5,977,000 | 9,136,000 | 12,673,000 |
| Noninterest income | 983,000 | 1,980,000 | 3,058,000 | 4,180,000 |
| Noninterest expense | 2,762,000 | 5,672,000 | 8,783,000 | 11,928,000 |
| Provision for loan losses | 50,000 | 0 | 0 | 0 |
| Pretax income | 1,062,000 | 2,357,000 | 3,483,000 | 4,997,000 |
| Income tax | 239,000 | 551,000 | 806,000 | 1,194,000 |
| Net income | 823,000 | 1,806,000 | 2,677,000 | 3,803,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,836,000 | 30,519,000 | 29,236,000 | 29,969,000 |
| Total capital | 32,557,000 | 33,429,000 | 32,316,000 | 33,148,000 |
| Risk-weighted assets | 217,020,000 | 243,316,000 | 246,277,000 | 257,039,000 |