Call reports 2021
INDEPENDENCE BANK OF KENTUCKY — 2021
What INDEPENDENCE BANK OF KENTUCKY reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 3,076,172,000 | 3,044,655,000 | 3,062,572,000 | 3,237,305,000 |
| Total loans | 1,555,888,000 | 1,557,489,000 | 1,519,496,000 | 1,546,818,000 |
| Allowance for loan losses | 17,509,000 | 17,884,000 | 17,832,000 | 17,818,000 |
| Securities available for sale | 190,646,000 | 211,809,000 | 226,251,000 | 234,760,000 |
| Securities held to maturity | 1,007,543,000 | 1,027,623,000 | 1,072,178,000 | 1,149,611,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,686,632,000 | 2,637,166,000 | 2,577,917,000 | 2,829,109,000 |
| Interest-bearing deposits | 2,258,546,000 | 2,223,752,000 | 2,141,787,000 | 2,378,174,000 |
| Noninterest-bearing deposits | 428,086,000 | 413,414,000 | 436,130,000 | 450,935,000 |
| Equity capital | 231,304,000 | 243,948,000 | 248,254,000 | 254,431,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 28,294,000 | 54,942,000 | 81,961,000 | 111,297,000 |
| Interest expense | 3,216,000 | 6,238,000 | 8,586,000 | 10,954,000 |
| Net interest income | 25,078,000 | 48,704,000 | 73,375,000 | 100,343,000 |
| Noninterest income | 4,286,000 | 8,629,000 | 13,019,000 | 17,538,000 |
| Noninterest expense | 15,481,000 | 31,275,000 | 47,417,000 | 63,391,000 |
| Provision for loan losses | 750,000 | 1,250,000 | 1,250,000 | 1,250,000 |
| Pretax income | 13,133,000 | 24,808,000 | 37,727,000 | 53,240,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 13,133,000 | 24,808,000 | 37,727,000 | 53,240,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 224,915,000 | 235,852,000 | 241,017,000 | 248,152,000 |
| Total capital | 242,974,000 | 254,286,000 | 259,399,000 | 266,520,000 |
| Risk-weighted assets | 1,881,156,000 | 1,891,687,000 | 1,935,074,000 | 2,037,152,000 |