Call reports 2023
ICON BUSINESS BANK — 2023
What ICON BUSINESS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q3 | 2023Q4 |
|---|---|---|
| Total assets | 29,973,000 | 36,054,000 |
| Total loans | 1,189,000 | 13,648,000 |
| Allowance for loan losses | 30,000 | 160,000 |
| Securities available for sale | 999,000 | 2,986,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 4,205,000 | 10,527,000 |
| Interest-bearing deposits | 2,888,000 | 9,131,000 |
| Noninterest-bearing deposits | 1,317,000 | 1,396,000 |
| Equity capital | 22,631,000 | 21,098,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q3 | 2023Q4 |
|---|---|---|
| Interest income | 151,000 | 625,000 |
| Interest expense | 6,000 | 86,000 |
| Net interest income | 145,000 | 539,000 |
| Noninterest income | 0 | -1,000 |
| Noninterest expense | 2,420,000 | 4,238,000 |
| Provision for loan losses | 30,000 | 160,000 |
| Pretax income | -2,305,000 | -3,864,000 |
| Income tax | 0 | 0 |
| Net income | -2,305,000 | -3,864,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q3 | 2023Q4 |
|---|---|---|
| Tier 1 capital | 22,635,000 | 21,071,000 |