Call reports 2014
INDEPENDENCE BANK OF KENTUCKY — 2014
What INDEPENDENCE BANK OF KENTUCKY reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 1,376,427,000 | 1,397,808,000 | 1,485,498,000 | 1,569,868,000 |
| Total loans | 808,277,000 | 830,512,000 | 882,724,000 | 929,231,000 |
| Allowance for loan losses | 9,982,000 | 9,973,000 | 9,414,000 | 9,386,000 |
| Securities available for sale | 47,912,000 | 49,994,000 | 49,177,000 | 49,724,000 |
| Securities held to maturity | 446,047,000 | 451,371,000 | 479,368,000 | 516,059,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,122,465,000 | 1,086,076,000 | 1,214,152,000 | 1,262,930,000 |
| Interest-bearing deposits | 993,960,000 | 960,124,000 | 1,079,347,000 | 1,126,591,000 |
| Noninterest-bearing deposits | 128,505,000 | 125,952,000 | 134,805,000 | 136,339,000 |
| Equity capital | 107,904,000 | 110,761,000 | 113,618,000 | 120,779,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 15,731,000 | 31,551,000 | 47,919,000 | 64,802,000 |
| Interest expense | 2,087,000 | 4,125,000 | 6,177,000 | 8,343,000 |
| Net interest income | 13,644,000 | 27,426,000 | 41,742,000 | 56,459,000 |
| Noninterest income | 1,925,000 | 3,547,000 | 5,109,000 | 6,956,000 |
| Noninterest expense | 8,431,000 | 16,943,000 | 25,350,000 | 33,653,000 |
| Provision for loan losses | 150,000 | 200,000 | 300,000 | 950,000 |
| Pretax income | 6,988,000 | 13,830,000 | 21,201,000 | 28,812,000 |
| Income tax | 1,679,000 | 3,175,000 | 4,898,000 | 6,665,000 |
| Net income | 5,309,000 | 10,655,000 | 16,303,000 | 22,147,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 110,530,000 | 112,836,000 | 115,448,000 | 122,378,000 |
| Total capital | 120,512,000 | 122,809,000 | 125,412,000 | 132,314,000 |
| Risk-weighted assets | 909,258,000 | 924,578,000 | 969,272,000 | 1,009,493,000 |