Call reports 2024
ION BANK — 2024
What ION 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 | 2,098,874,000 | 2,135,170,000 | 2,130,473,000 | 2,112,159,000 |
| Total loans | 1,538,634,000 | 1,569,367,000 | 1,586,678,000 | 1,632,645,000 |
| Allowance for loan losses | 17,695,000 | 17,840,000 | 17,722,000 | 17,735,000 |
| Securities available for sale | 354,250,000 | 278,489,000 | 253,571,000 | 217,124,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 15,436,000 | 16,612,000 | 12,015,000 | 15,999,000 |
| Total deposits | 1,756,013,000 | 1,804,284,000 | 1,791,717,000 | 1,799,504,000 |
| Interest-bearing deposits | 1,215,853,000 | 1,259,501,000 | 1,265,939,000 | 1,262,791,000 |
| Noninterest-bearing deposits | 540,160,000 | 544,783,000 | 525,778,000 | 536,713,000 |
| Equity capital | 198,529,000 | 202,670,000 | 212,354,000 | 214,361,000 |
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 | 26,109,000 | 51,872,000 | 79,506,000 | 106,319,000 |
| Interest expense | 10,792,000 | 20,475,000 | 30,836,000 | 39,143,000 |
| Net interest income | 15,317,000 | 31,397,000 | 48,670,000 | 67,176,000 |
| Noninterest income | 5,895,000 | 12,146,000 | 18,125,000 | 24,345,000 |
| Noninterest expense | 17,158,000 | 34,725,000 | 52,907,000 | 73,467,000 |
| Provision for loan losses | 90,000 | 327,000 | 444,000 | 1,182,000 |
| Pretax income | 4,961,000 | 9,372,000 | 15,645,000 | 18,961,000 |
| Income tax | 961,000 | 1,814,000 | 3,050,000 | 3,756,000 |
| Net income | 4,000,000 | 7,558,000 | 12,595,000 | 15,205,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 199,601,000 | 203,345,000 | 208,594,000 | 211,366,000 |
| Total capital | 217,789,000 | 221,834,000 | 226,949,000 | 229,703,000 |
| Risk-weighted assets | 1,623,588,000 | 1,686,287,000 | 1,647,348,000 | 1,688,057,000 |