Call reports 2018
INDEPENDENCE BANK OF KENTUCKY — 2018
What INDEPENDENCE BANK OF KENTUCKY reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 2,177,466,000 | 2,227,189,000 | 2,297,105,000 | 2,358,895,000 |
| Total loans | 1,260,510,000 | 1,302,300,000 | 1,326,620,000 | 1,339,977,000 |
| Allowance for loan losses | 13,954,000 | 14,096,000 | 13,891,000 | 13,825,000 |
| Securities available for sale | 86,683,000 | 103,757,000 | 153,578,000 | 171,007,000 |
| Securities held to maturity | 714,541,000 | 682,818,000 | 679,987,000 | 698,168,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,663,122,000 | 1,636,450,000 | 1,781,016,000 | 1,864,394,000 |
| Interest-bearing deposits | 1,427,108,000 | 1,410,181,000 | 1,544,489,000 | 1,609,680,000 |
| Noninterest-bearing deposits | 236,014,000 | 226,269,000 | 236,527,000 | 254,714,000 |
| Equity capital | 162,045,000 | 163,897,000 | 163,559,000 | 189,167,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 21,700,000 | 44,260,000 | 67,518,000 | 91,712,000 |
| Interest expense | 4,079,000 | 9,014,000 | 15,007,000 | 22,001,000 |
| Net interest income | 17,621,000 | 35,246,000 | 52,511,000 | 69,711,000 |
| Noninterest income | 2,619,000 | 5,487,000 | 8,294,000 | 11,252,000 |
| Noninterest expense | 12,377,000 | 25,198,000 | 38,390,000 | 51,153,000 |
| Provision for loan losses | 300,000 | 500,000 | 500,000 | 500,000 |
| Pretax income | 7,563,000 | 15,035,000 | 21,915,000 | 29,310,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 7,563,000 | 15,035,000 | 21,915,000 | 29,310,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 166,319,000 | 168,323,000 | 169,566,000 | 192,801,000 |
| Total capital | 180,823,000 | 182,969,000 | 184,007,000 | 207,176,000 |
| Risk-weighted assets | 1,517,446,000 | 1,540,371,000 | 1,589,389,000 | 1,615,674,000 |