Call reports 2013
INDEPENDENCE NATIONAL BANK — 2013
What INDEPENDENCE NATIONAL BANK 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 | 117,982,000 | 108,381,000 | 102,795,000 | 99,307,000 |
| Total loans | 66,944,000 | 62,688,000 | 62,082,000 | 62,760,000 |
| Allowance for loan losses | 1,791,000 | 1,395,000 | 1,285,000 | 1,203,000 |
| Securities available for sale | 24,309,000 | 21,625,000 | 20,620,000 | 20,125,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,202,000 | 99,023,000 | 93,554,000 | 89,948,000 |
| Interest-bearing deposits | 92,200,000 | 90,953,000 | 84,252,000 | 77,124,000 |
| Noninterest-bearing deposits | 8,002,000 | 8,070,000 | 9,302,000 | 12,824,000 |
| Equity capital | 10,585,000 | 9,142,000 | 9,027,000 | 9,090,000 |
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 | 1,000,000 | 2,017,000 | 3,009,000 | 3,977,000 |
| Interest expense | 168,000 | 301,000 | 404,000 | 490,000 |
| Net interest income | 832,000 | 1,716,000 | 2,605,000 | 3,487,000 |
| Noninterest income | 39,000 | -867,000 | -667,000 | -566,000 |
| Noninterest expense | 1,029,000 | 2,062,000 | 3,036,000 | 3,987,000 |
| Provision for loan losses | 0 | -400,000 | -400,000 | -400,000 |
| Pretax income | -158,000 | -813,000 | -698,000 | -666,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -158,000 | -813,000 | -698,000 | -666,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,806,000 | 10,151,000 | 10,270,000 | 10,307,000 |
| Total capital | 11,824,000 | 11,061,000 | 11,141,000 | 11,201,000 |
| Risk-weighted assets | 80,628,000 | 72,310,000 | 69,306,000 | 71,220,000 |