Call reports 2003
INDEPENDENCE BANK OF KENTUCKY — 2003
What INDEPENDENCE BANK OF KENTUCKY reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 335,931,000 | 344,077,000 | 370,758,000 | 391,788,000 |
| Total loans | 263,027,000 | 278,028,000 | 279,613,000 | 286,379,000 |
| Allowance for loan losses | 3,030,000 | 3,120,000 | 3,076,000 | 3,246,000 |
| Securities available for sale | 39,553,000 | 40,710,000 | 53,521,000 | 64,034,000 |
| Securities held to maturity | 178,000 | 157,000 | 133,000 | 127,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 273,670,000 | 280,342,000 | 304,038,000 | 323,870,000 |
| Interest-bearing deposits | 246,582,000 | 255,412,000 | 273,447,000 | 292,301,000 |
| Noninterest-bearing deposits | 27,088,000 | 24,930,000 | 30,591,000 | 31,568,000 |
| Equity capital | 25,707,000 | 26,329,000 | 29,330,000 | 29,932,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 5,017,000 | 10,059,000 | 15,159,000 | 20,412,000 |
| Interest expense | 2,109,000 | 4,175,000 | 6,280,000 | 8,291,000 |
| Net interest income | 2,908,000 | 5,884,000 | 8,879,000 | 12,121,000 |
| Noninterest income | 455,000 | 923,000 | 1,464,000 | 2,005,000 |
| Noninterest expense | 2,271,000 | 4,687,000 | 7,270,000 | 9,922,000 |
| Provision for loan losses | 190,000 | 490,000 | 720,000 | 990,000 |
| Pretax income | 902,000 | 1,687,000 | 2,410,000 | 3,271,000 |
| Income tax | 269,000 | 493,000 | 690,000 | 851,000 |
| Net income | 633,000 | 1,194,000 | 1,720,000 | 2,420,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,340,000 | 25,773,000 | 29,171,000 | 29,744,000 |
| Total capital | 28,370,000 | 28,893,000 | 32,247,000 | 32,990,000 |
| Risk-weighted assets | 271,434,000 | 286,310,000 | 297,518,000 | 307,099,000 |