Call reports 2013
INDEPENDENCE TRUST COMPANY — 2013
What INDEPENDENCE TRUST COMPANY reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 3,847,000 | 3,825,000 | 3,964,000 | 3,957,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 2,188,000 | 2,006,000 | 2,167,000 | 2,233,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 500,000 | 500,000 | 500,000 | 500,000 |
| Interest-bearing deposits | 500,000 | 500,000 | 500,000 | 500,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 3,132,000 | 3,077,000 | 3,160,000 | 3,314,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 20,000 | 40,000 | 58,000 | 79,000 |
| Interest expense | 3,000 | 6,000 | 9,000 | 12,000 |
| Net interest income | 17,000 | 34,000 | 49,000 | 67,000 |
| Noninterest income | 548,000 | 1,204,000 | 1,797,000 | 2,433,000 |
| Noninterest expense | 530,000 | 1,019,000 | 1,497,000 | 1,875,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 35,000 | 222,000 | 349,000 | 625,000 |
| Income tax | 21,000 | 86,000 | 135,000 | 238,000 |
| Net income | 14,000 | 136,000 | 214,000 | 387,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,095,000 | 3,091,000 | 3,170,000 | 3,341,000 |
| Total capital | 3,095,000 | 3,091,000 | 3,170,000 | 3,341,000 |
| Risk-weighted assets | 1,473,000 | 1,259,000 | 1,453,000 | 1,436,000 |