Call reports 2024
INCREDIBLEBANK — 2024
What INCREDIBLEBANK 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 | 1,955,457,000 | 1,978,786,000 | 2,002,182,000 | 2,004,363,000 |
| Total loans | 1,434,116,000 | 1,475,436,000 | 1,494,947,000 | 1,491,502,000 |
| Allowance for loan losses | 16,936,000 | 16,373,000 | 19,478,000 | 19,640,000 |
| Securities available for sale | 344,731,000 | 339,427,000 | 345,715,000 | 334,623,000 |
| Securities held to maturity | 3,090,000 | 3,090,000 | 3,025,000 | 3,025,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,696,006,000 | 1,730,843,000 | 1,741,318,000 | 1,743,164,000 |
| Interest-bearing deposits | 1,396,259,000 | 1,432,830,000 | 1,399,708,000 | 1,407,445,000 |
| Noninterest-bearing deposits | 299,747,000 | 298,013,000 | 341,610,000 | 335,719,000 |
| Equity capital | 134,623,000 | 135,563,000 | 144,581,000 | 136,315,000 |
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 | 26,481,000 | 53,394,000 | 81,625,000 | 108,966,000 |
| Interest expense | 11,783,000 | 23,930,000 | 36,323,000 | 47,763,000 |
| Net interest income | 14,698,000 | 29,464,000 | 45,302,000 | 61,203,000 |
| Noninterest income | 4,217,000 | 7,778,000 | 11,528,000 | 15,673,000 |
| Noninterest expense | 13,803,000 | 26,923,000 | 40,395,000 | 53,944,000 |
| Provision for loan losses | 15,000 | 650,000 | 3,980,000 | 4,690,000 |
| Pretax income | 5,097,000 | 9,669,000 | 12,453,000 | 18,197,000 |
| Income tax | 1,530,000 | 2,419,000 | 2,916,000 | 4,074,000 |
| Net income | 3,567,000 | 7,250,000 | 9,537,000 | 14,123,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 156,827,000 | 158,217,000 | 157,104,000 | 157,990,000 |
| Total capital | 173,213,000 | 174,040,000 | 176,032,000 | 177,080,000 |
| Risk-weighted assets | 1,544,869,000 | 1,577,991,000 | 1,605,785,000 | 1,602,428,000 |