Call reports 2004
INDEPENDENCE BANK OF KENTUCKY — 2004
What INDEPENDENCE BANK OF KENTUCKY reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 415,900,000 | 440,066,000 | 478,622,000 | 485,242,000 |
| Total loans | 306,848,000 | 342,952,000 | 364,633,000 | 384,524,000 |
| Allowance for loan losses | 3,326,000 | 3,655,000 | 3,567,000 | 3,762,000 |
| Securities available for sale | 59,964,000 | 65,097,000 | 69,663,000 | 61,102,000 |
| Securities held to maturity | 116,000 | 106,000 | 98,000 | 87,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 341,635,000 | 356,310,000 | 377,140,000 | 383,924,000 |
| Interest-bearing deposits | 308,482,000 | 322,799,000 | 339,814,000 | 344,794,000 |
| Noninterest-bearing deposits | 33,153,000 | 33,511,000 | 37,326,000 | 39,130,000 |
| Equity capital | 33,695,000 | 32,395,000 | 34,046,000 | 38,197,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 5,361,000 | 11,191,000 | 17,591,000 | 24,275,000 |
| Interest expense | 1,993,000 | 4,048,000 | 6,321,000 | 8,695,000 |
| Net interest income | 3,368,000 | 7,143,000 | 11,270,000 | 15,580,000 |
| Noninterest income | 543,000 | 1,173,000 | 1,808,000 | 2,394,000 |
| Noninterest expense | 3,015,000 | 6,387,000 | 10,228,000 | 14,956,000 |
| Provision for loan losses | 150,000 | 565,000 | 830,000 | 1,475,000 |
| Pretax income | 744,000 | 1,362,000 | 2,012,000 | 1,535,000 |
| Income tax | 232,000 | 387,000 | 581,000 | 408,000 |
| Net income | 512,000 | 975,000 | 1,431,000 | 1,127,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,129,000 | 33,409,000 | 33,738,000 | 38,021,000 |
| Total capital | 36,455,000 | 37,064,000 | 37,305,000 | 41,783,000 |
| Risk-weighted assets | 315,706,000 | 338,157,000 | 356,965,000 | 374,470,000 |