Call reports 2011
INDEPENDENCE BANK OF KENTUCKY — 2011
What INDEPENDENCE BANK OF KENTUCKY reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 1,006,248,000 | 1,088,184,000 | 1,109,121,000 | 1,133,577,000 |
| Total loans | 673,173,000 | 678,163,000 | 694,778,000 | 719,546,000 |
| Allowance for loan losses | 8,988,000 | 8,946,000 | 9,061,000 | 9,278,000 |
| Securities available for sale | 122,056,000 | 130,061,000 | 156,757,000 | 181,936,000 |
| Securities held to maturity | 176,901,000 | 208,765,000 | 202,566,000 | 176,464,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 802,217,000 | 860,382,000 | 891,991,000 | 949,346,000 |
| Interest-bearing deposits | 719,520,000 | 760,227,000 | 794,451,000 | 853,441,000 |
| Noninterest-bearing deposits | 82,697,000 | 100,155,000 | 97,540,000 | 95,905,000 |
| Equity capital | 70,472,000 | 74,728,000 | 79,013,000 | 81,928,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 13,564,000 | 27,503,000 | 42,025,000 | 56,784,000 |
| Interest expense | 2,873,000 | 5,713,000 | 8,448,000 | 11,199,000 |
| Net interest income | 10,691,000 | 21,790,000 | 33,577,000 | 45,585,000 |
| Noninterest income | 1,570,000 | 3,041,000 | 4,460,000 | 5,316,000 |
| Noninterest expense | 6,219,000 | 12,881,000 | 19,950,000 | 26,593,000 |
| Provision for loan losses | 450,000 | 575,000 | 875,000 | 1,475,000 |
| Pretax income | 5,592,000 | 11,375,000 | 17,212,000 | 22,833,000 |
| Income tax | 1,692,000 | 3,405,000 | 5,091,000 | 6,068,000 |
| Net income | 3,900,000 | 7,970,000 | 12,121,000 | 16,765,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,007,000 | 70,671,000 | 73,434,000 | 76,698,000 |
| Total capital | 76,586,000 | 79,585,000 | 82,495,000 | 85,976,000 |
| Risk-weighted assets | 685,893,000 | 713,059,000 | 732,740,000 | 763,077,000 |