Call reports 2012
INDEPENDENCE NATIONAL BANK — 2012
What INDEPENDENCE NATIONAL BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 113,429,000 | 112,334,000 | 109,194,000 | 124,884,000 |
| Total loans | 73,273,000 | 71,976,000 | 71,475,000 | 70,382,000 |
| Allowance for loan losses | 1,958,000 | 1,942,000 | 1,876,000 | 1,859,000 |
| Securities available for sale | 12,265,000 | 15,901,000 | 18,046,000 | 25,484,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,521,000 | 96,469,000 | 93,506,000 | 107,305,000 |
| Interest-bearing deposits | 89,722,000 | 88,657,000 | 86,292,000 | 87,894,000 |
| Noninterest-bearing deposits | 7,799,000 | 7,811,000 | 7,214,000 | 19,411,000 |
| Equity capital | 8,628,000 | 8,473,000 | 8,397,000 | 10,222,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,106,000 | 2,164,000 | 3,198,000 | 4,243,000 |
| Interest expense | 282,000 | 530,000 | 773,000 | 967,000 |
| Net interest income | 824,000 | 1,634,000 | 2,425,000 | 3,276,000 |
| Noninterest income | 564,000 | 628,000 | 701,000 | 759,000 |
| Noninterest expense | 1,215,000 | 2,220,000 | 3,421,000 | 4,630,000 |
| Provision for loan losses | 0 | 43,000 | -22,000 | -22,000 |
| Pretax income | 189,000 | 125,000 | -48,000 | -348,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 189,000 | 125,000 | -48,000 | -348,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,497,000 | 8,433,000 | 8,260,000 | 10,214,000 |
| Total capital | 9,574,000 | 9,489,000 | 9,281,000 | 11,241,000 |
| Risk-weighted assets | 85,305,000 | 83,588,000 | 80,815,000 | 81,329,000 |