Call reports 2024
INTERNATIONAL BANK OF COMMERCE — 2024
What INTERNATIONAL BANK OF COMMERCE 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 | 1,548,823,000 | 1,552,368,000 | 1,629,945,000 | 1,587,695,000 |
| Total loans | 616,291,000 | 623,495,000 | 617,454,000 | 618,007,000 |
| Allowance for loan losses | 14,557,000 | 15,481,000 | 16,793,000 | 18,102,000 |
| Securities available for sale | 552,143,000 | 562,457,000 | 583,785,000 | 634,660,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,131,667,000 | 1,127,307,000 | 1,139,216,000 | 1,141,319,000 |
| Interest-bearing deposits | 691,881,000 | 681,451,000 | 688,006,000 | 707,187,000 |
| Noninterest-bearing deposits | 439,786,000 | 445,856,000 | 451,210,000 | 434,132,000 |
| Equity capital | 218,110,000 | 226,054,000 | 225,250,000 | 223,170,000 |
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 | 16,884,000 | 34,728,000 | 52,685,000 | 70,771,000 |
| Interest expense | 4,599,000 | 9,479,000 | 14,696,000 | 20,179,000 |
| Net interest income | 12,285,000 | 25,249,000 | 37,989,000 | 50,592,000 |
| Noninterest income | 6,860,000 | 13,100,000 | 15,829,000 | 20,876,000 |
| Noninterest expense | 9,226,000 | 18,246,000 | 26,829,000 | 35,808,000 |
| Provision for loan losses | 755,000 | 1,122,000 | 2,288,000 | 3,774,000 |
| Pretax income | 9,164,000 | 19,173,000 | 24,941,000 | 32,059,000 |
| Income tax | 1,594,000 | 3,836,000 | 4,536,000 | 5,001,000 |
| Net income | 7,570,000 | 15,337,000 | 20,405,000 | 27,058,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 240,536,000 | 248,303,000 | 233,372,000 | 240,023,000 |
| Total capital | 255,151,000 | 262,670,000 | 247,940,000 | 254,659,000 |
| Risk-weighted assets | 1,168,648,000 | 1,147,633,000 | 1,162,666,000 | 1,166,845,000 |