Call reports 2007
INDEPENDENCE BANK OF KENTUCKY — 2007
What INDEPENDENCE BANK OF KENTUCKY reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 623,905,000 | 612,077,000 | 623,217,000 | 649,972,000 |
| Total loans | 491,859,000 | 499,126,000 | 507,868,000 | 526,313,000 |
| Allowance for loan losses | 5,417,000 | 5,580,000 | 5,584,000 | 5,561,000 |
| Securities available for sale | 97,751,000 | 78,783,000 | 79,815,000 | 83,226,000 |
| Securities held to maturity | 0 | 5,000,000 | 5,000,000 | 9,315,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 528,594,000 | 476,752,000 | 481,703,000 | 509,146,000 |
| Interest-bearing deposits | 472,101,000 | 424,604,000 | 430,246,000 | 460,363,000 |
| Noninterest-bearing deposits | 56,493,000 | 52,148,000 | 51,457,000 | 48,783,000 |
| Equity capital | 42,393,000 | 41,274,000 | 43,091,000 | 45,179,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 10,291,000 | 20,964,000 | 31,929,000 | 42,980,000 |
| Interest expense | 5,558,000 | 10,939,000 | 16,434,000 | 21,753,000 |
| Net interest income | 4,733,000 | 10,025,000 | 15,495,000 | 21,227,000 |
| Noninterest income | 1,014,000 | 2,215,000 | 3,419,000 | 4,773,000 |
| Noninterest expense | 5,223,000 | 10,148,000 | 15,219,000 | 20,195,000 |
| Provision for loan losses | 1,776,000 | 1,926,000 | 2,076,000 | 2,451,000 |
| Pretax income | -2,434,000 | -1,016,000 | 437,000 | 2,172,000 |
| Income tax | -824,000 | -334,000 | 136,000 | 708,000 |
| Net income | -1,610,000 | -682,000 | 301,000 | 1,464,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,208,000 | 42,752,000 | 43,345,000 | 45,139,000 |
| Total capital | 47,625,000 | 48,332,000 | 48,929,000 | 50,700,000 |
| Risk-weighted assets | 466,856,000 | 476,958,000 | 482,590,000 | 500,520,000 |