Call reports 2023
INCREDIBLEBANK — 2023
What INCREDIBLEBANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,878,777,000 | 1,952,535,000 | 1,901,010,000 | 1,966,039,000 |
| Total loans | 1,392,760,000 | 1,410,196,000 | 1,413,254,000 | 1,437,016,000 |
| Allowance for loan losses | 14,294,000 | 14,169,000 | 14,368,000 | 17,163,000 |
| Securities available for sale | 338,255,000 | 331,749,000 | 315,127,000 | 354,717,000 |
| Securities held to maturity | 5,590,000 | 5,590,000 | 4,590,000 | 4,590,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,651,052,000 | 1,721,104,000 | 1,681,446,000 | 1,678,978,000 |
| Interest-bearing deposits | 1,333,167,000 | 1,403,852,000 | 1,350,284,000 | 1,362,731,000 |
| Noninterest-bearing deposits | 317,885,000 | 317,252,000 | 331,162,000 | 316,247,000 |
| Equity capital | 128,744,000 | 138,397,000 | 122,812,000 | 137,088,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 22,483,000 | 46,025,000 | 70,882,000 | 96,483,000 |
| Interest expense | 7,918,000 | 17,370,000 | 27,328,000 | 38,055,000 |
| Net interest income | 14,565,000 | 28,655,000 | 43,554,000 | 58,428,000 |
| Noninterest income | 3,237,000 | 6,921,000 | 10,370,000 | 13,805,000 |
| Noninterest expense | 14,236,000 | 26,825,000 | 39,472,000 | 52,171,000 |
| Provision for loan losses | 205,000 | 274,000 | 1,069,000 | 5,934,000 |
| Pretax income | 3,322,000 | 8,307,000 | 13,421,000 | 14,122,000 |
| Income tax | 1,013,000 | 2,139,000 | 3,442,000 | 3,311,000 |
| Net income | 2,309,000 | 6,168,000 | 9,979,000 | 10,811,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 148,733,000 | 159,614,000 | 159,847,000 | 157,101,000 |
| Total capital | 161,846,000 | 172,733,000 | 172,915,000 | 172,964,000 |
| Risk-weighted assets | 1,496,235,000 | 1,514,632,000 | 1,517,364,000 | 1,543,593,000 |