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 | 479,542,000 | 475,056,000 | 479,310,000 | 468,337,000 |
| Total loans | 136,010,000 | 138,090,000 | 136,324,000 | 136,391,000 |
| Allowance for loan losses | 2,436,000 | 2,552,000 | 2,522,000 | 2,336,000 |
| Securities available for sale | 278,783,000 | 283,262,000 | 283,271,000 | 283,262,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 420,357,000 | 414,120,000 | 414,374,000 | 404,938,000 |
| Interest-bearing deposits | 261,391,000 | 260,414,000 | 264,447,000 | 268,546,000 |
| Noninterest-bearing deposits | 158,966,000 | 153,706,000 | 149,927,000 | 136,392,000 |
| Equity capital | 45,865,000 | 47,424,000 | 50,895,000 | 49,265,000 |
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 | 5,003,000 | 10,189,000 | 15,521,000 | 20,768,000 |
| Interest expense | 1,628,000 | 3,316,000 | 5,119,000 | 6,939,000 |
| Net interest income | 3,375,000 | 6,873,000 | 10,402,000 | 13,829,000 |
| Noninterest income | 2,218,000 | 4,454,000 | 6,752,000 | 9,084,000 |
| Noninterest expense | 3,060,000 | 6,290,000 | 9,571,000 | 12,704,000 |
| Provision for loan losses | -28,000 | 138,000 | 206,000 | 198,000 |
| Pretax income | 2,533,000 | 4,860,000 | 7,424,000 | 9,979,000 |
| Income tax | 551,000 | 1,057,000 | 1,613,000 | 2,157,000 |
| Net income | 1,982,000 | 3,803,000 | 5,811,000 | 7,822,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,093,000 | 67,914,000 | 64,921,000 | 66,932,000 |
| Total capital | 68,534,000 | 70,470,000 | 67,455,000 | 69,278,000 |
| Risk-weighted assets | 207,461,000 | 209,252,000 | 208,369,000 | 204,423,000 |