Call reports 2015
INDEPENDENCE BANK OF KENTUCKY — 2015
What INDEPENDENCE BANK OF KENTUCKY reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 1,578,182,000 | 1,644,138,000 | 1,731,710,000 | 1,813,634,000 |
| Total loans | 915,489,000 | 953,450,000 | 989,573,000 | 1,009,421,000 |
| Allowance for loan losses | 9,935,000 | 10,105,000 | 10,141,000 | 9,990,000 |
| Securities available for sale | 57,469,000 | 54,712,000 | 64,111,000 | 68,195,000 |
| Securities held to maturity | 522,008,000 | 560,191,000 | 593,647,000 | 657,419,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,298,732,000 | 1,293,183,000 | 1,320,434,000 | 1,391,882,000 |
| Interest-bearing deposits | 1,156,005,000 | 1,149,128,000 | 1,159,863,000 | 1,224,003,000 |
| Noninterest-bearing deposits | 142,727,000 | 144,055,000 | 160,571,000 | 167,879,000 |
| Equity capital | 123,588,000 | 124,336,000 | 128,935,000 | 135,937,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 16,904,000 | 34,178,000 | 52,293,000 | 71,106,000 |
| Interest expense | 2,160,000 | 4,349,000 | 6,578,000 | 8,802,000 |
| Net interest income | 14,744,000 | 29,829,000 | 45,715,000 | 62,304,000 |
| Noninterest income | 1,932,000 | 3,737,000 | 5,647,000 | 7,729,000 |
| Noninterest expense | 8,961,000 | 18,312,000 | 27,618,000 | 37,586,000 |
| Provision for loan losses | 800,000 | 1,050,000 | 1,375,000 | 1,875,000 |
| Pretax income | 6,915,000 | 14,204,000 | 22,369,000 | 30,572,000 |
| Income tax | -492,000 | -492,000 | -516,000 | -516,000 |
| Net income | 7,407,000 | 14,696,000 | 22,885,000 | 31,088,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 124,844,000 | 126,900,000 | 130,749,000 | 137,254,000 |
| Total capital | 135,329,000 | 137,555,000 | 141,440,000 | 147,794,000 |
| Risk-weighted assets | 1,054,179,000 | 1,111,263,000 | 1,156,461,000 | 1,189,914,000 |