Call reports 2024
ICON BUSINESS BANK — 2024
What ICON BUSINESS 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 | 44,718,000 | 57,773,000 | 79,192,000 | 96,851,000 |
| Total loans | 25,427,000 | 34,378,000 | 48,690,000 | 67,170,000 |
| Allowance for loan losses | 298,000 | 401,000 | 589,000 | 801,000 |
| Securities available for sale | 2,769,000 | 2,852,000 | 3,715,000 | 3,897,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,745,000 | 35,284,000 | 57,912,000 | 77,378,000 |
| Interest-bearing deposits | 18,009,000 | 32,490,000 | 44,241,000 | 66,001,000 |
| Noninterest-bearing deposits | 2,736,000 | 2,794,000 | 13,671,000 | 11,377,000 |
| Equity capital | 19,747,000 | 18,367,000 | 16,896,000 | 15,526,000 |
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 | 597,000 | 1,458,000 | 2,541,000 | 4,011,000 |
| Interest expense | 158,000 | 469,000 | 933,000 | 1,562,000 |
| Net interest income | 439,000 | 989,000 | 1,608,000 | 2,449,000 |
| Noninterest income | 1,000 | 2,000 | 108,000 | 175,000 |
| Noninterest expense | 1,632,000 | 3,431,000 | 5,521,000 | 7,590,000 |
| Provision for loan losses | 152,000 | 314,000 | 537,000 | 829,000 |
| Pretax income | -1,349,000 | -2,768,000 | -4,357,000 | -5,802,000 |
| Income tax | 0 | 2,000 | 2,000 | 2,000 |
| Net income | -1,349,000 | -2,770,000 | -4,359,000 | -5,804,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,748,000 | 18,366,000 | 16,865,000 | 15,523,000 |