Call reports 2016
INDEPENDENCE NATIONAL BANK — 2016
What INDEPENDENCE NATIONAL BANK 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 | 92,365,000 | 91,932,000 | 93,321,000 | 90,423,000 |
| Total loans | 64,930,000 | 63,979,000 | 63,331,000 | 60,483,000 |
| Allowance for loan losses | 1,073,000 | 853,000 | 853,000 | 1,338,000 |
| Securities available for sale | 12,338,000 | 12,222,000 | 10,223,000 | 2,500,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,194,000 | 81,889,000 | 83,407,000 | 81,556,000 |
| Interest-bearing deposits | 68,894,000 | 69,115,000 | 67,610,000 | 65,983,000 |
| Noninterest-bearing deposits | 13,300,000 | 12,774,000 | 15,797,000 | 15,573,000 |
| Equity capital | 9,895,000 | 9,640,000 | 9,500,000 | 8,374,000 |
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 | 915,000 | 1,842,000 | 2,740,000 | 3,565,000 |
| Interest expense | 79,000 | 159,000 | 244,000 | 326,000 |
| Net interest income | 836,000 | 1,683,000 | 2,496,000 | 3,239,000 |
| Noninterest income | 198,000 | 101,000 | 239,000 | 258,000 |
| Noninterest expense | 1,049,000 | 2,130,000 | 3,231,000 | 4,666,000 |
| Provision for loan losses | -68,000 | -68,000 | -68,000 | 407,000 |
| Pretax income | 53,000 | -278,000 | -428,000 | -1,279,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 53,000 | -278,000 | -428,000 | -1,279,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,710,000 | 9,382,000 | 9,233,000 | 8,382,000 |
| Total capital | 10,652,000 | 10,235,000 | 10,086,000 | 9,251,000 |
| Risk-weighted assets | 75,268,000 | 78,170,000 | 75,318,000 | 69,059,000 |