Call reports 2012
INDEPENDENCE FEDERAL SAVINGS BANK — 2012
What INDEPENDENCE FEDERAL SAVINGS BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 89,010,000 | 82,700,000 | 78,337,000 | 75,180,000 |
| Total loans | 73,464,000 | 70,773,000 | 67,091,000 | 61,908,000 |
| Allowance for loan losses | 1,656,000 | 1,804,000 | 1,582,000 | 1,566,000 |
| Securities available for sale | 5,801,000 | 3,065,000 | 2,914,000 | 2,681,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,113,000 | 68,987,000 | 64,562,000 | 63,433,000 |
| Interest-bearing deposits | 70,443,000 | 63,603,000 | 60,046,000 | 58,726,000 |
| Noninterest-bearing deposits | 4,670,000 | 5,384,000 | 4,516,000 | 4,707,000 |
| Equity capital | 3,534,000 | 3,298,000 | 2,939,000 | 936,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,008,000 | 2,190,000 | 3,080,000 | 3,592,000 |
| Interest expense | 271,000 | 549,000 | 786,000 | 992,000 |
| Net interest income | 737,000 | 1,641,000 | 2,294,000 | 2,600,000 |
| Noninterest income | 49,000 | 153,000 | 230,000 | 560,000 |
| Noninterest expense | 1,134,000 | 2,286,000 | 3,394,000 | 6,023,000 |
| Provision for loan losses | 218,000 | 339,000 | 339,000 | 339,000 |
| Pretax income | -566,000 | -774,000 | -1,152,000 | -3,145,000 |
| Income tax | 2,000 | 0 | 0 | 2,000 |
| Net income | -568,000 | -774,000 | -1,152,000 | -3,147,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,438,000 | 3,233,000 | 2,854,000 | 859,000 |
| Total capital | 4,073,000 | 3,850,000 | 3,440,000 | 1,392,000 |
| Risk-weighted assets | 49,041,000 | 48,680,000 | 45,724,000 | 41,426,000 |