Call reports 2017
INDEPENDENCE BANK OF KENTUCKY — 2017
What INDEPENDENCE BANK OF KENTUCKY reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 2,090,378,000 | 2,152,455,000 | 2,162,205,000 | 2,172,570,000 |
| Total loans | 1,126,117,000 | 1,192,523,000 | 1,220,320,000 | 1,258,785,000 |
| Allowance for loan losses | 12,102,000 | 12,741,000 | 13,288,000 | 13,755,000 |
| Securities available for sale | 79,227,000 | 80,458,000 | 79,772,000 | 79,677,000 |
| Securities held to maturity | 781,602,000 | 771,244,000 | 744,576,000 | 717,105,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,590,307,000 | 1,591,076,000 | 1,642,862,000 | 1,650,335,000 |
| Interest-bearing deposits | 1,385,849,000 | 1,394,531,000 | 1,447,799,000 | 1,437,657,000 |
| Noninterest-bearing deposits | 204,458,000 | 196,545,000 | 195,063,000 | 212,678,000 |
| Equity capital | 150,398,000 | 154,864,000 | 157,050,000 | 161,779,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 20,307,000 | 41,752,000 | 63,818,000 | 85,995,000 |
| Interest expense | 2,390,000 | 5,510,000 | 9,184,000 | 12,946,000 |
| Net interest income | 17,917,000 | 36,242,000 | 54,634,000 | 73,049,000 |
| Noninterest income | 2,419,000 | 4,971,000 | 7,711,000 | 10,274,000 |
| Noninterest expense | 11,899,000 | 23,932,000 | 36,434,000 | 48,918,000 |
| Provision for loan losses | 700,000 | 1,350,000 | 1,950,000 | 2,550,000 |
| Pretax income | 7,737,000 | 15,931,000 | 23,961,000 | 31,855,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 7,737,000 | 15,931,000 | 23,961,000 | 31,855,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 154,248,000 | 156,850,000 | 159,280,000 | 164,115,000 |
| Total capital | 166,900,000 | 170,141,000 | 173,118,000 | 178,420,000 |
| Risk-weighted assets | 1,386,117,000 | 1,444,295,000 | 1,478,177,000 | 1,499,728,000 |