Call reports 2018
BANK INDEPENDENT — 2018
What BANK INDEPENDENT reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,502,753,000 | 1,538,999,000 | 1,577,915,000 | 1,597,704,000 |
| Total loans | 1,214,779,000 | 1,256,647,000 | 1,262,296,000 | 1,258,192,000 |
| Allowance for loan losses | 12,241,000 | 13,002,000 | 13,107,000 | 14,105,000 |
| Securities available for sale | 47,465,000 | 47,221,000 | 46,617,000 | 46,257,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,266,857,000 | 1,267,332,000 | 1,302,726,000 | 1,348,183,000 |
| Interest-bearing deposits | 969,752,000 | 964,277,000 | 1,005,459,000 | 1,051,353,000 |
| Noninterest-bearing deposits | 297,105,000 | 303,055,000 | 297,267,000 | 296,830,000 |
| Equity capital | 142,494,000 | 145,807,000 | 149,047,000 | 155,360,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 20,402,000 | 41,784,000 | 64,429,000 | 88,529,000 |
| Interest expense | 1,699,000 | 3,536,000 | 5,921,000 | 8,666,000 |
| Net interest income | 18,703,000 | 38,248,000 | 58,508,000 | 79,863,000 |
| Noninterest income | 4,085,000 | 8,329,000 | 12,540,000 | 16,887,000 |
| Noninterest expense | 15,872,000 | 32,157,000 | 48,299,000 | 65,586,000 |
| Provision for loan losses | 1,350,000 | 2,700,000 | 4,350,000 | 6,000,000 |
| Pretax income | 5,566,000 | 11,720,000 | 18,399,000 | 25,167,000 |
| Income tax | 1,156,000 | 2,412,000 | 3,886,000 | 4,549,000 |
| Net income | 4,410,000 | 9,308,000 | 14,513,000 | 20,618,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 133,733,000 | 135,074,000 | 138,749,000 | 142,999,000 |
| Total capital | 146,055,000 | 148,213,000 | 151,931,000 | 157,017,000 |
| Risk-weighted assets | 1,276,994,000 | 1,321,176,000 | 1,323,664,000 | 1,331,262,000 |