Call reports 2016
INDEPENDENCE TRUST COMPANY — 2016
What INDEPENDENCE TRUST COMPANY reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 4,284,000 | 4,376,000 | 4,234,000 | 4,173,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 2,700,000 | 2,806,000 | 2,660,000 | 2,861,000 |
| 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 | 3,671,000 | 3,722,000 | 3,591,000 | 3,584,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 19,000 | 39,000 | 58,000 | 78,000 |
| Interest expense | 3,000 | 6,000 | 9,000 | 12,000 |
| Net interest income | 16,000 | 33,000 | 49,000 | 66,000 |
| Noninterest income | 410,000 | 839,000 | 1,259,000 | 1,696,000 |
| Noninterest expense | 409,000 | 789,000 | 1,147,000 | 1,534,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 17,000 | 84,000 | 162,000 | 234,000 |
| Income tax | 7,000 | 33,000 | 63,000 | 85,000 |
| Net income | 10,000 | 51,000 | 99,000 | 149,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,646,000 | 3,682,000 | 3,558,000 | 3,637,000 |
| Total capital | 3,646,000 | 3,682,000 | 3,558,000 | 3,637,000 |
| Risk-weighted assets | 1,701,000 | 1,832,000 | 1,576,000 | 1,943,000 |