Call reports 2008
INDEPENDENT BANKERS' BANK OF FLORIDA — 2008
What INDEPENDENT BANKERS' BANK OF FLORIDA reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 413,058,000 | 473,000,000 | 422,905,000 | 446,826,000 |
| Total loans | 256,004,000 | 304,076,000 | 296,918,000 | 273,997,000 |
| Allowance for loan losses | 7,206,000 | 4,718,000 | 5,576,000 | 10,677,000 |
| Securities available for sale | 70,916,000 | 66,415,000 | 58,249,000 | 57,906,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 178,621,000 | 166,131,000 | 176,092,000 | 351,584,000 |
| Interest-bearing deposits | 73,248,000 | 42,691,000 | 74,985,000 | 156,555,000 |
| Noninterest-bearing deposits | 105,373,000 | 123,440,000 | 101,107,000 | 195,029,000 |
| Equity capital | 41,414,000 | 42,520,000 | 44,393,000 | 37,903,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 5,251,000 | 10,595,000 | 16,062,000 | 21,016,000 |
| Interest expense | 2,486,000 | 4,361,000 | 6,313,000 | 8,241,000 |
| Net interest income | 2,765,000 | 6,234,000 | 9,749,000 | 12,775,000 |
| Noninterest income | 4,722,000 | 6,450,000 | 8,172,000 | 10,149,000 |
| Noninterest expense | 3,649,000 | 7,188,000 | 10,972,000 | 15,096,000 |
| Provision for loan losses | 1,988,000 | 3,988,000 | 5,323,000 | 17,948,000 |
| Pretax income | 1,903,000 | 1,562,000 | -156,000 | -11,902,000 |
| Income tax | 685,000 | 523,000 | -158,000 | -4,614,000 |
| Net income | 1,218,000 | 1,039,000 | 2,000 | -7,288,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,870,000 | 43,191,000 | 44,654,000 | 37,363,000 |
| Total capital | 44,650,000 | 47,577,000 | 48,799,000 | 41,420,000 |
| Risk-weighted assets | 298,986,000 | 350,571,000 | 330,175,000 | 317,913,000 |