Call reports 2013
BANK INDEPENDENT — 2013
What BANK INDEPENDENT reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 1,088,103,000 | 1,078,260,000 | 1,089,104,000 | 1,102,019,000 |
| Total loans | 861,921,000 | 874,090,000 | 891,377,000 | 885,841,000 |
| Allowance for loan losses | 9,363,000 | 9,633,000 | 10,000,000 | 10,144,000 |
| Securities available for sale | 49,205,000 | 45,875,000 | 44,769,000 | 55,044,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 924,075,000 | 919,260,000 | 925,499,000 | 938,005,000 |
| Interest-bearing deposits | 631,975,000 | 637,594,000 | 645,727,000 | 672,912,000 |
| Noninterest-bearing deposits | 292,100,000 | 281,666,000 | 279,772,000 | 265,093,000 |
| Equity capital | 132,230,000 | 130,846,000 | 134,061,000 | 134,977,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 15,130,000 | 30,287,000 | 45,655,000 | 60,846,000 |
| Interest expense | 840,000 | 1,637,000 | 2,399,000 | 3,116,000 |
| Net interest income | 14,290,000 | 28,650,000 | 43,256,000 | 57,730,000 |
| Noninterest income | 3,203,000 | 5,800,000 | 8,848,000 | 11,810,000 |
| Noninterest expense | 14,016,000 | 26,930,000 | 39,232,000 | 52,018,000 |
| Provision for loan losses | 690,000 | 1,380,000 | 1,920,000 | 2,610,000 |
| Pretax income | 2,787,000 | 6,140,000 | 10,952,000 | 14,912,000 |
| Income tax | 674,000 | 1,578,000 | 2,897,000 | 4,076,000 |
| Net income | 2,113,000 | 4,562,000 | 8,055,000 | 10,836,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 114,562,000 | 113,809,000 | 117,507,000 | 118,214,000 |
| Total capital | 123,959,000 | 123,442,000 | 127,507,000 | 128,358,000 |
| Risk-weighted assets | 908,270,000 | 923,676,000 | 933,632,000 | 929,478,000 |