Call reports 2024
INDEPENDENT CORRESPONDENT BANKERS' BANK, INC. — 2024
What INDEPENDENT CORRESPONDENT BANKERS' BANK, INC. 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 | 151,655,000 | 144,779,000 | 141,582,000 | 143,926,000 |
| Total loans | 82,922,000 | 80,817,000 | 79,702,000 | 77,836,000 |
| Allowance for loan losses | 1,050,000 | 1,081,000 | 1,102,000 | 1,103,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,870,000 | 2,817,000 | 2,616,000 | 2,428,000 |
| Trading assets | 0 | 48,000 | 0 | 0 |
| Total deposits | 69,136,000 | 56,655,000 | 65,515,000 | 67,795,000 |
| Interest-bearing deposits | 29,871,000 | 17,896,000 | 27,416,000 | 26,814,000 |
| Noninterest-bearing deposits | 39,265,000 | 38,759,000 | 38,099,000 | 40,981,000 |
| Equity capital | 18,415,000 | 18,661,000 | 18,822,000 | 19,265,000 |
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 | 1,950,000 | 4,152,000 | 6,413,000 | 8,468,000 |
| Interest expense | 1,091,000 | 2,149,000 | 3,447,000 | 4,410,000 |
| Net interest income | 859,000 | 2,003,000 | 2,966,000 | 4,058,000 |
| Noninterest income | 504,000 | 905,000 | 1,431,000 | 1,991,000 |
| Noninterest expense | 1,112,000 | 2,297,000 | 3,516,000 | 4,733,000 |
| Provision for loan losses | 30,000 | 61,000 | 81,000 | 81,000 |
| Pretax income | 221,000 | 550,000 | 760,000 | 1,183,000 |
| Income tax | 55,000 | 137,000 | 187,000 | 167,000 |
| Net income | 166,000 | 413,000 | 573,000 | 1,016,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,490,000 | 18,736,000 | 18,895,000 | 19,340,000 |
| Total capital | 19,457,000 | 19,752,000 | 19,909,000 | 20,333,000 |
| Risk-weighted assets | 77,393,000 | 90,099,000 | 81,075,000 | 91,134,000 |