Call reports 2024
INTERNATIONAL BANK OF COMMERCE — 2024
What INTERNATIONAL BANK OF COMMERCE 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 | 3,958,855,000 | 4,010,399,000 | 4,162,790,000 | 4,111,484,000 |
| Total loans | 1,341,559,000 | 1,333,127,000 | 1,349,845,000 | 1,421,103,000 |
| Allowance for loan losses | 22,409,000 | 22,873,000 | 23,490,000 | 23,257,000 |
| Securities available for sale | 1,809,140,000 | 2,353,546,000 | 1,904,838,000 | 1,861,801,000 |
| Securities held to maturity | 100,000 | 100,000 | 100,000 | 100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,553,455,000 | 3,586,021,000 | 3,640,090,000 | 3,621,442,000 |
| Interest-bearing deposits | 2,104,137,000 | 2,146,100,000 | 2,246,538,000 | 2,281,322,000 |
| Noninterest-bearing deposits | 1,449,318,000 | 1,439,921,000 | 1,393,552,000 | 1,340,120,000 |
| Equity capital | 334,452,000 | 357,880,000 | 424,737,000 | 425,208,000 |
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 | 50,295,000 | 101,948,000 | 154,113,000 | 201,998,000 |
| Interest expense | 13,272,000 | 27,208,000 | 42,088,000 | 57,112,000 |
| Net interest income | 37,023,000 | 74,740,000 | 112,025,000 | 144,886,000 |
| Noninterest income | 12,554,000 | 25,047,000 | 37,857,000 | 50,670,000 |
| Noninterest expense | 15,874,000 | 32,835,000 | 49,533,000 | 65,200,000 |
| Provision for loan losses | 356,000 | 1,307,000 | 2,510,000 | 2,786,000 |
| Pretax income | 33,347,000 | 65,642,000 | 97,832,000 | 127,543,000 |
| Income tax | 7,086,000 | 13,941,000 | 20,850,000 | 25,054,000 |
| Net income | 26,261,000 | 51,701,000 | 76,982,000 | 102,489,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 478,651,000 | 504,091,000 | 529,372,000 | 554,879,000 |
| Total capital | 501,420,000 | 527,320,000 | 553,221,000 | 578,515,000 |
| Risk-weighted assets | 1,993,530,000 | 1,922,086,000 | 2,040,476,000 | 2,125,164,000 |