Call reports 2002
INDEPENDENCE BANK OF KENTUCKY — 2002
What INDEPENDENCE BANK OF KENTUCKY reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 283,472,000 | 290,988,000 | 315,074,000 | 325,246,000 |
| Total loans | 226,523,000 | 234,641,000 | 242,689,000 | 257,245,000 |
| Allowance for loan losses | 2,383,000 | 2,649,000 | 2,775,000 | 2,935,000 |
| Securities available for sale | 30,814,000 | 33,200,000 | 35,739,000 | 39,279,000 |
| Securities held to maturity | 298,000 | 223,000 | 206,000 | 189,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 228,518,000 | 229,096,000 | 255,695,000 | 264,997,000 |
| Interest-bearing deposits | 208,515,000 | 208,079,000 | 231,378,000 | 240,119,000 |
| Noninterest-bearing deposits | 20,003,000 | 21,017,000 | 24,317,000 | 24,878,000 |
| Equity capital | 19,991,000 | 24,100,000 | 25,184,000 | 25,312,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 4,903,000 | 9,750,000 | 14,800,000 | 19,950,000 |
| Interest expense | 2,329,000 | 4,533,000 | 6,750,000 | 9,003,000 |
| Net interest income | 2,574,000 | 5,217,000 | 8,050,000 | 10,947,000 |
| Noninterest income | 385,000 | 819,000 | 1,259,000 | 1,680,000 |
| Noninterest expense | 1,989,000 | 4,046,000 | 6,305,000 | 8,733,000 |
| Provision for loan losses | 253,000 | 749,000 | 1,205,000 | 1,483,000 |
| Pretax income | 717,000 | 1,241,000 | 1,799,000 | 2,411,000 |
| Income tax | 204,000 | 319,000 | 480,000 | 807,000 |
| Net income | 513,000 | 922,000 | 1,319,000 | 1,604,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,914,000 | 23,629,000 | 24,664,000 | 24,834,000 |
| Total capital | 22,297,000 | 26,278,000 | 27,439,000 | 27,769,000 |
| Risk-weighted assets | 224,882,000 | 234,614,000 | 241,688,000 | 261,699,000 |