Call reports 2024
INVESTORS COMMUNITY BANK — 2024
What INVESTORS COMMUNITY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 94,557,000 | 94,416,000 | 94,356,000 | 96,044,000 |
| Total loans | 41,698,000 | 41,745,000 | 43,647,000 | 44,849,000 |
| Allowance for loan losses | 537,000 | 567,000 | 593,000 | 598,000 |
| Securities available for sale | 44,173,000 | 43,743,000 | 42,791,000 | 41,555,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,546,000 | 77,393,000 | 76,628,000 | 83,362,000 |
| Interest-bearing deposits | 65,962,000 | 58,225,000 | 57,960,000 | 65,790,000 |
| Noninterest-bearing deposits | 15,584,000 | 19,168,000 | 18,668,000 | 17,572,000 |
| Equity capital | 9,177,000 | 8,899,000 | 9,963,000 | 9,150,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 888,000 | 1,903,000 | 2,960,000 | 4,043,000 |
| Interest expense | 413,000 | 888,000 | 1,365,000 | 1,833,000 |
| Net interest income | 475,000 | 1,015,000 | 1,595,000 | 2,210,000 |
| Noninterest income | 43,000 | 77,000 | 109,000 | 146,000 |
| Noninterest expense | 413,000 | 826,000 | 1,217,000 | 1,633,000 |
| Provision for loan losses | 67,000 | 98,000 | 126,000 | 153,000 |
| Pretax income | 38,000 | 168,000 | 336,000 | 538,000 |
| Income tax | -23,000 | 10,000 | 30,000 | 62,000 |
| Net income | 61,000 | 158,000 | 306,000 | 476,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,331,000 | 10,366,000 | 10,488,000 | 10,410,000 |