Call reports 2009
INDEPENDENCE BANK OF KENTUCKY — 2009
What INDEPENDENCE BANK OF KENTUCKY reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 802,929,000 | 821,792,000 | 855,029,000 | 882,619,000 |
| Total loans | 603,986,000 | 612,776,000 | 625,862,000 | 642,056,000 |
| Allowance for loan losses | 6,631,000 | 6,949,000 | 7,274,000 | 7,694,000 |
| Securities available for sale | 114,203,000 | 106,097,000 | 106,798,000 | 98,267,000 |
| Securities held to maturity | 59,112,000 | 69,528,000 | 84,361,000 | 104,017,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 586,209,000 | 612,503,000 | 640,714,000 | 656,853,000 |
| Interest-bearing deposits | 523,990,000 | 554,175,000 | 583,219,000 | 592,694,000 |
| Noninterest-bearing deposits | 62,219,000 | 58,328,000 | 57,495,000 | 64,159,000 |
| Equity capital | 54,188,000 | 54,595,000 | 57,735,000 | 58,504,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 11,786,000 | 23,880,000 | 36,050,000 | 48,649,000 |
| Interest expense | 3,841,000 | 7,525,000 | 11,228,000 | 14,804,000 |
| Net interest income | 7,945,000 | 16,355,000 | 24,822,000 | 33,845,000 |
| Noninterest income | 876,000 | 2,330,000 | 3,734,000 | 4,919,000 |
| Noninterest expense | 5,412,000 | 11,459,000 | 17,219,000 | 22,731,000 |
| Provision for loan losses | 450,000 | 900,000 | 1,345,000 | 2,095,000 |
| Pretax income | 2,959,000 | 6,326,000 | 9,992,000 | 13,934,000 |
| Income tax | 902,000 | 2,057,000 | 3,232,000 | 4,157,000 |
| Net income | 2,057,000 | 4,269,000 | 6,760,000 | 9,777,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,425,000 | 53,466,000 | 54,540,000 | 56,053,000 |
| Total capital | 59,056,000 | 60,415,000 | 61,814,000 | 63,747,000 |
| Risk-weighted assets | 583,675,000 | 592,695,000 | 605,140,000 | 632,459,000 |