Call reports 2005
BANK INDEPENDENT — 2005
What BANK INDEPENDENT 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 | 409,140,000 | 412,815,000 | 413,810,000 | 764,256,000 |
| Total loans | 283,928,000 | 286,138,000 | 285,591,000 | 372,374,000 |
| Allowance for loan losses | 4,106,000 | 4,059,000 | 4,100,000 | 4,259,000 |
| Securities available for sale | 79,558,000 | 83,690,000 | 83,797,000 | 288,418,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 309,788,000 | 309,688,000 | 310,982,000 | 658,406,000 |
| Interest-bearing deposits | 280,503,000 | 284,909,000 | 283,479,000 | 614,781,000 |
| Noninterest-bearing deposits | 29,285,000 | 24,779,000 | 27,503,000 | 43,625,000 |
| Equity capital | 37,026,000 | 37,679,000 | 37,890,000 | 83,092,000 |
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 | 5,261,000 | 10,715,000 | 16,334,000 | 24,576,000 |
| Interest expense | 1,711,000 | 3,536,000 | 5,457,000 | 8,443,000 |
| Net interest income | 3,550,000 | 7,179,000 | 10,877,000 | 16,133,000 |
| Noninterest income | 1,077,000 | 2,192,000 | 3,413,000 | 4,851,000 |
| Noninterest expense | 3,803,000 | 7,746,000 | 11,537,000 | 15,928,000 |
| Provision for loan losses | 100,000 | 100,000 | 250,000 | 520,000 |
| Pretax income | 724,000 | 1,525,000 | 2,503,000 | 4,536,000 |
| Income tax | 98,000 | 210,000 | 392,000 | 947,000 |
| Net income | 626,000 | 1,315,000 | 2,111,000 | 3,589,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,941,000 | 35,356,000 | 35,876,000 | 56,612,000 |
| Total capital | 38,422,000 | 38,845,000 | 39,398,000 | 60,871,000 |
| Risk-weighted assets | 277,887,000 | 278,560,000 | 281,172,000 | 424,947,000 |