Call reports 2024
INDUSTRIAL BANK — 2024
What INDUSTRIAL 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 | 718,186,000 | 739,271,000 | 748,284,000 | 755,456,000 |
| Total loans | 386,654,000 | 390,399,000 | 389,752,000 | 407,485,000 |
| Allowance for loan losses | 8,743,000 | 8,920,000 | 8,798,000 | 9,841,000 |
| Securities available for sale | 261,046,000 | 255,117,000 | 258,073,000 | 258,020,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 606,630,000 | 628,488,000 | 632,193,000 | 643,715,000 |
| Interest-bearing deposits | 428,716,000 | 466,517,000 | 473,110,000 | 489,993,000 |
| Noninterest-bearing deposits | 177,914,000 | 161,971,000 | 159,083,000 | 153,722,000 |
| Equity capital | 99,369,000 | 99,492,000 | 105,853,000 | 101,846,000 |
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 | 8,188,000 | 16,858,000 | 26,330,000 | 35,440,000 |
| Interest expense | 1,742,000 | 3,823,000 | 6,312,000 | 8,699,000 |
| Net interest income | 6,446,000 | 13,035,000 | 20,018,000 | 26,741,000 |
| Noninterest income | 1,639,000 | 2,542,000 | 3,865,000 | 5,132,000 |
| Noninterest expense | 7,807,000 | 14,985,000 | 22,018,000 | 29,106,000 |
| Provision for loan losses | 1,412,000 | 1,587,000 | 1,540,000 | 1,469,000 |
| Pretax income | -1,150,000 | -1,018,000 | 342,000 | 1,278,000 |
| Income tax | -1,022,000 | -999,000 | -643,000 | 255,000 |
| Net income | -128,000 | -19,000 | 985,000 | 1,023,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 119,142,000 | 119,253,000 | 120,257,000 | 120,295,000 |
| Total capital | 124,679,000 | 124,869,000 | 125,793,000 | 126,070,000 |
| Risk-weighted assets | 439,072,000 | 447,571,000 | 439,593,000 | 457,795,000 |
Machine access — free, no API key
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