Call reports 2017
INDEPENDENCE NATIONAL BANK — 2017
What INDEPENDENCE NATIONAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 90,564,000 | 89,739,000 | 86,233,000 | 82,407,000 |
| Total loans | 62,820,000 | 60,098,000 | 55,088,000 | 54,522,000 |
| Allowance for loan losses | 1,411,000 | 1,408,000 | 1,372,000 | 1,290,000 |
| Securities available for sale | 2,501,000 | 2,498,000 | 7,729,000 | 10,326,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,325,000 | 77,784,000 | 74,513,000 | 74,818,000 |
| Interest-bearing deposits | 64,728,000 | 63,959,000 | 61,295,000 | 62,963,000 |
| Noninterest-bearing deposits | 13,597,000 | 13,825,000 | 13,218,000 | 11,855,000 |
| Equity capital | 7,847,000 | 7,737,000 | 7,575,000 | 7,352,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 851,000 | 1,795,000 | 2,697,000 | 3,569,000 |
| Interest expense | 85,000 | 178,000 | 280,000 | 384,000 |
| Net interest income | 766,000 | 1,617,000 | 2,417,000 | 3,185,000 |
| Noninterest income | 108,000 | 193,000 | 363,000 | 482,000 |
| Noninterest expense | 1,213,000 | 2,260,000 | 3,399,000 | 4,481,000 |
| Provision for loan losses | 191,000 | 187,000 | 180,000 | 106,000 |
| Pretax income | -530,000 | -637,000 | -799,000 | -920,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -530,000 | -637,000 | -799,000 | -920,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,852,000 | 7,745,000 | 7,583,000 | 7,462,000 |
| Total capital | 8,759,000 | 8,617,000 | 8,398,000 | 8,269,000 |
| Risk-weighted assets | 72,016,000 | 69,271,000 | 64,600,000 | 64,062,000 |