Call reports 2015
INDEPENDENCE TRUST COMPANY — 2015
What INDEPENDENCE TRUST COMPANY reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 4,135,000 | 4,299,000 | 4,464,000 | 4,232,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 2,394,000 | 2,534,000 | 2,782,000 | 2,618,000 |
| 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 | 3,504,000 | 3,590,000 | 3,687,000 | 3,633,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 19,000 | 37,000 | 57,000 | 78,000 |
| Interest expense | 3,000 | 6,000 | 9,000 | 12,000 |
| Net interest income | 16,000 | 31,000 | 48,000 | 66,000 |
| Noninterest income | 591,000 | 1,232,000 | 1,830,000 | 2,329,000 |
| Noninterest expense | 480,000 | 970,000 | 1,440,000 | 1,821,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 127,000 | 297,000 | 442,000 | 578,000 |
| Income tax | 49,000 | 114,000 | 169,000 | 220,000 |
| Net income | 78,000 | 183,000 | 273,000 | 358,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,485,000 | 3,590,000 | 3,687,000 | 3,645,000 |
| Total capital | 3,485,000 | 3,590,000 | 3,687,000 | 3,645,000 |
| Risk-weighted assets | 1,744,000 | 1,769,000 | 1,907,000 | 1,630,000 |