Call reports 2010
BANK INDEPENDENT — 2010
What BANK INDEPENDENT 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 | 937,470,000 | 958,326,000 | 993,239,000 | 988,910,000 |
| Total loans | 752,674,000 | 761,262,000 | 764,604,000 | 745,250,000 |
| Allowance for loan losses | 10,578,000 | 10,838,000 | 10,732,000 | 10,392,000 |
| Securities available for sale | 57,328,000 | 53,056,000 | 51,071,000 | 47,650,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 774,743,000 | 795,083,000 | 824,011,000 | 837,069,000 |
| Interest-bearing deposits | 723,791,000 | 745,266,000 | 773,732,000 | 783,540,000 |
| Noninterest-bearing deposits | 50,952,000 | 49,817,000 | 50,279,000 | 53,529,000 |
| Equity capital | 117,761,000 | 119,085,000 | 120,767,000 | 121,097,000 |
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 | 14,733,000 | 30,177,000 | 45,927,000 | 61,611,000 |
| Interest expense | 2,104,000 | 4,215,000 | 6,428,000 | 8,495,000 |
| Net interest income | 12,629,000 | 25,962,000 | 39,499,000 | 53,116,000 |
| Noninterest income | 2,735,000 | 5,736,000 | 8,650,000 | 11,435,000 |
| Noninterest expense | 10,168,000 | 20,539,000 | 31,601,000 | 43,266,000 |
| Provision for loan losses | 1,500,000 | 3,000,000 | 4,500,000 | 6,250,000 |
| Pretax income | 3,696,000 | 8,159,000 | 12,048,000 | 15,011,000 |
| Income tax | 1,149,000 | 2,587,000 | 3,836,000 | 4,748,000 |
| Net income | 2,547,000 | 5,572,000 | 8,212,000 | 10,263,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 93,542,000 | 95,266,000 | 97,140,000 | 96,096,000 |
| Total capital | 102,993,000 | 104,752,000 | 106,635,000 | 105,459,000 |
| Risk-weighted assets | 754,190,000 | 757,536,000 | 758,323,000 | 749,120,000 |