Call reports 2022
INDEPENDENCE BANK OF KENTUCKY — 2022
What INDEPENDENCE BANK OF KENTUCKY reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 3,290,580,000 | 3,311,028,000 | 3,395,339,000 | 3,469,556,000 |
| Total loans | 1,497,147,000 | 1,636,007,000 | 1,761,056,000 | 1,843,743,000 |
| Allowance for loan losses | 17,738,000 | 17,656,000 | 17,664,000 | 17,986,000 |
| Securities available for sale | 214,721,000 | 230,052,000 | 220,292,000 | 220,286,000 |
| Securities held to maturity | 1,196,367,000 | 1,227,009,000 | 1,214,631,000 | 1,205,371,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,921,723,000 | 2,904,648,000 | 2,825,991,000 | 2,903,317,000 |
| Interest-bearing deposits | 2,441,778,000 | 2,425,941,000 | 2,324,199,000 | 2,421,170,000 |
| Noninterest-bearing deposits | 479,945,000 | 478,707,000 | 501,792,000 | 482,147,000 |
| Equity capital | 234,481,000 | 244,744,000 | 235,267,000 | 239,961,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 26,881,000 | 55,007,000 | 85,136,000 | 117,524,000 |
| Interest expense | 2,333,000 | 5,397,000 | 11,147,000 | 20,584,000 |
| Net interest income | 24,548,000 | 49,610,000 | 73,989,000 | 96,940,000 |
| Noninterest income | 4,695,000 | 8,747,000 | 12,785,000 | 16,750,000 |
| Noninterest expense | 17,274,000 | 34,499,000 | 51,643,000 | 67,532,000 |
| Provision for loan losses | 0 | 0 | 0 | 400,000 |
| Pretax income | 11,969,000 | 23,858,000 | 35,131,000 | 45,758,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 11,969,000 | 23,858,000 | 35,131,000 | 45,758,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 248,236,000 | 272,898,000 | 276,445,000 | 279,645,000 |
| Total capital | 266,524,000 | 291,104,000 | 294,659,000 | 297,781,000 |
| Risk-weighted assets | 2,027,780,000 | 2,167,201,000 | 2,281,960,000 | 2,374,553,000 |