Call reports 2023
ION BANK — 2023
What ION BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 2,084,103,000 | 2,151,460,000 | 2,180,188,000 | 2,211,814,000 |
| Total loans | 1,436,579,000 | 1,473,370,000 | 1,515,496,000 | 1,546,476,000 |
| Allowance for loan losses | 17,790,000 | 17,617,000 | 18,048,000 | 17,785,000 |
| Securities available for sale | 414,800,000 | 395,911,000 | 391,162,000 | 392,754,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 11,180,000 | 13,802,000 | 20,321,000 | 12,776,000 |
| Total deposits | 1,750,278,000 | 1,726,291,000 | 1,735,615,000 | 1,778,946,000 |
| Interest-bearing deposits | 1,180,466,000 | 1,135,997,000 | 1,172,268,000 | 1,206,180,000 |
| Noninterest-bearing deposits | 569,812,000 | 590,294,000 | 563,347,000 | 572,766,000 |
| Equity capital | 180,825,000 | 181,970,000 | 183,006,000 | 194,807,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 21,504,000 | 44,855,000 | 69,935,000 | 96,095,000 |
| Interest expense | 4,377,000 | 12,189,000 | 21,784,000 | 32,297,000 |
| Net interest income | 17,127,000 | 32,666,000 | 48,151,000 | 63,798,000 |
| Noninterest income | 4,883,000 | 11,413,000 | 15,972,000 | 20,705,000 |
| Noninterest expense | 15,310,000 | 31,798,000 | 47,603,000 | 65,757,000 |
| Provision for loan losses | -176,000 | 499,000 | 1,186,000 | 1,473,000 |
| Pretax income | 6,347,000 | 11,435,000 | 14,612,000 | 18,093,000 |
| Income tax | 1,304,000 | 2,104,000 | 2,719,000 | 3,399,000 |
| Net income | 5,043,000 | 9,331,000 | 11,893,000 | 14,694,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 185,047,000 | 189,585,000 | 192,388,000 | 195,352,000 |
| Total capital | 202,532,000 | 207,723,000 | 210,872,000 | 213,589,000 |
| Risk-weighted assets | 1,562,083,000 | 1,576,273,000 | 1,615,000,000 | 1,622,824,000 |