Call reports 2019
BANK INDEPENDENT — 2019
What BANK INDEPENDENT reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,680,544,000 | 1,671,518,000 | 1,706,599,000 | 1,735,234,000 |
| Total loans | 1,279,791,000 | 1,305,854,000 | 1,295,910,000 | 1,255,565,000 |
| Allowance for loan losses | 15,349,000 | 16,498,000 | 12,905,000 | 13,763,000 |
| Securities available for sale | 40,890,000 | 38,543,000 | 38,103,000 | 43,085,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,396,101,000 | 1,385,862,000 | 1,408,997,000 | 1,431,534,000 |
| Interest-bearing deposits | 1,088,775,000 | 1,079,814,000 | 1,099,697,000 | 1,122,005,000 |
| Noninterest-bearing deposits | 307,326,000 | 306,048,000 | 309,300,000 | 309,529,000 |
| Equity capital | 159,421,000 | 164,018,000 | 169,367,000 | 165,665,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 24,530,000 | 49,487,000 | 75,149,000 | 99,631,000 |
| Interest expense | 3,019,000 | 6,366,000 | 9,924,000 | 13,407,000 |
| Net interest income | 21,511,000 | 43,121,000 | 65,225,000 | 86,224,000 |
| Noninterest income | 4,211,000 | 8,720,000 | 13,999,000 | 18,790,000 |
| Noninterest expense | 17,260,000 | 34,817,000 | 51,838,000 | 70,994,000 |
| Provision for loan losses | 1,725,000 | 3,450,000 | 5,175,000 | 6,900,000 |
| Pretax income | 7,030,000 | 14,113,000 | 23,019,000 | 27,965,000 |
| Income tax | 1,510,000 | 2,979,000 | 4,914,000 | 5,962,000 |
| Net income | 5,520,000 | 11,134,000 | 18,105,000 | 22,003,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 145,959,000 | 150,579,000 | 155,729,000 | 157,172,000 |
| Total capital | 161,308,000 | 167,077,000 | 168,634,000 | 170,935,000 |
| Risk-weighted assets | 1,340,032,000 | 1,370,397,000 | 1,368,223,000 | 1,322,963,000 |