Call reports 2010
INDEPENDENCE BANK OF KENTUCKY — 2010
What INDEPENDENCE BANK OF KENTUCKY reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 944,875,000 | 954,474,000 | 973,200,000 | 990,285,000 |
| Total loans | 642,471,000 | 662,012,000 | 680,132,000 | 699,986,000 |
| Allowance for loan losses | 7,825,000 | 8,183,000 | 8,458,000 | 8,638,000 |
| Securities available for sale | 144,260,000 | 143,447,000 | 139,175,000 | 120,710,000 |
| Securities held to maturity | 112,005,000 | 116,586,000 | 108,806,000 | 136,985,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 764,126,000 | 766,036,000 | 773,724,000 | 751,635,000 |
| Interest-bearing deposits | 701,365,000 | 701,497,000 | 708,721,000 | 676,867,000 |
| Noninterest-bearing deposits | 62,761,000 | 64,539,000 | 65,003,000 | 74,768,000 |
| Equity capital | 59,868,000 | 62,967,000 | 67,449,000 | 67,117,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 12,736,000 | 26,140,000 | 39,906,000 | 53,651,000 |
| Interest expense | 3,345,000 | 6,629,000 | 9,749,000 | 12,819,000 |
| Net interest income | 9,391,000 | 19,511,000 | 30,157,000 | 40,832,000 |
| Noninterest income | 1,118,000 | 2,495,000 | 3,850,000 | 5,183,000 |
| Noninterest expense | 5,647,000 | 11,643,000 | 18,018,000 | 24,368,000 |
| Provision for loan losses | 450,000 | 950,000 | 1,350,000 | 1,700,000 |
| Pretax income | 4,412,000 | 9,413,000 | 14,639,000 | 19,947,000 |
| Income tax | 1,367,000 | 2,897,000 | 4,507,000 | 6,025,000 |
| Net income | 3,045,000 | 6,516,000 | 10,132,000 | 13,922,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,451,000 | 60,201,000 | 63,111,000 | 65,528,000 |
| Total capital | 65,276,000 | 68,384,000 | 71,569,000 | 74,166,000 |
| Risk-weighted assets | 643,547,000 | 658,377,000 | 677,853,000 | 697,963,000 |