Call reports 2015
BANK INDEPENDENT — 2015
What BANK INDEPENDENT reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 1,176,254,000 | 1,180,991,000 | 1,202,955,000 | 1,229,510,000 |
| Total loans | 938,035,000 | 960,045,000 | 960,240,000 | 951,585,000 |
| Allowance for loan losses | 10,608,000 | 10,521,000 | 10,585,000 | 10,426,000 |
| Securities available for sale | 60,620,000 | 57,372,000 | 62,857,000 | 66,284,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 997,234,000 | 1,001,749,000 | 1,025,777,000 | 1,052,303,000 |
| Interest-bearing deposits | 719,886,000 | 713,639,000 | 701,501,000 | 729,013,000 |
| Noninterest-bearing deposits | 277,348,000 | 288,110,000 | 324,276,000 | 323,290,000 |
| Equity capital | 139,355,000 | 139,179,000 | 140,633,000 | 128,150,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 15,259,000 | 30,976,000 | 46,861,000 | 62,288,000 |
| Interest expense | 769,000 | 1,518,000 | 2,249,000 | 2,999,000 |
| Net interest income | 14,490,000 | 29,458,000 | 44,612,000 | 59,289,000 |
| Noninterest income | 3,183,000 | 6,560,000 | 9,802,000 | 13,485,000 |
| Noninterest expense | 14,649,000 | 29,272,000 | 43,257,000 | 56,679,000 |
| Provision for loan losses | 1,050,000 | 1,800,000 | 2,550,000 | 3,300,000 |
| Pretax income | 2,000,000 | 4,972,000 | 8,633,000 | 12,821,000 |
| Income tax | 413,000 | 1,188,000 | 2,241,000 | 3,511,000 |
| Net income | 1,587,000 | 3,784,000 | 6,392,000 | 9,310,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 125,810,000 | 125,890,000 | 127,408,000 | 114,338,000 |
| Total capital | 136,418,000 | 136,411,000 | 137,993,000 | 124,764,000 |
| Risk-weighted assets | 1,041,487,000 | 1,059,276,000 | 1,070,240,000 | 1,067,020,000 |