Call reports 2016
INDEPENDENCE BANK OF KENTUCKY — 2016
What INDEPENDENCE BANK OF KENTUCKY reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,889,943,000 | 1,924,135,000 | 1,934,537,000 | 2,002,516,000 |
| Total loans | 1,020,997,000 | 1,042,271,000 | 1,064,731,000 | 1,088,080,000 |
| Allowance for loan losses | 10,255,000 | 10,357,000 | 10,988,000 | 11,503,000 |
| Securities available for sale | 71,110,000 | 74,239,000 | 78,680,000 | 74,596,000 |
| Securities held to maturity | 711,366,000 | 712,695,000 | 698,272,000 | 738,791,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,437,401,000 | 1,408,095,000 | 1,397,092,000 | 1,520,451,000 |
| Interest-bearing deposits | 1,271,902,000 | 1,243,383,000 | 1,225,981,000 | 1,338,631,000 |
| Noninterest-bearing deposits | 165,499,000 | 164,712,000 | 171,111,000 | 181,820,000 |
| Equity capital | 138,090,000 | 143,656,000 | 143,639,000 | 147,382,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 19,080,000 | 38,630,000 | 58,315,000 | 77,758,000 |
| Interest expense | 2,371,000 | 4,836,000 | 7,303,000 | 9,522,000 |
| Net interest income | 16,709,000 | 33,794,000 | 51,012,000 | 68,236,000 |
| Noninterest income | 1,695,000 | 3,783,000 | 6,245,000 | 8,337,000 |
| Noninterest expense | 10,351,000 | 21,081,000 | 32,678,000 | 45,983,000 |
| Provision for loan losses | 600,000 | 1,200,000 | 1,900,000 | 2,500,000 |
| Pretax income | 7,453,000 | 15,296,000 | 22,679,000 | 29,886,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 7,453,000 | 15,296,000 | 22,679,000 | 29,886,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 139,010,000 | 142,631,000 | 142,875,000 | 152,110,000 |
| Total capital | 149,815,000 | 153,538,000 | 154,413,000 | 164,163,000 |
| Risk-weighted assets | 1,211,314,000 | 1,240,169,000 | 1,270,964,000 | 1,329,056,000 |