Íslandsbanki hf. (ICE: ISB)

Íslandsbanki Balance Sheet

Financials in millions ISK. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	82,202	86,472	139,035	130,597	115,668	152,481
Investment Securities	149,127	178,634	150,516	164,905	143,842	72,042
Trading Asset Securities	6,014	5,776	7,461	2,445	6,647	5,621
Total Investments	155,141	184,410	157,977	167,350	150,489	77,663
Gross Loans	1,333,751	1,306,586	1,264,345	1,123,260	1,072,837	949,618
Allowance for Loan Losses	-9,179	-11,728	-11,132	-13,565	-17,514	-10,298
Other Adjustments to Gross Loans	-	-16,751	-10,816	-5,567	-4,955	-6,434
Net Loans	1,324,572	1,278,107	1,242,397	1,104,128	1,050,368	932,886
Property, Plant & Equipment	5,067	6,562	6,752	7,010	7,341	9,168
Goodwill	-	-	-	-	-	318
Other Intangible Assets	2,686	2,930	3,279	3,351	3,478	4,012
Accrued Interest Receivable	-	-	-	252	200	253
Other Receivables	1,775	1,698	1,848	1,676	1,767	5,286
Restricted Cash	30,274	19,826	9,995	9,257	9,549	15,279
Other Current Assets	942	503	400	1,407	1,799	760
Long-Term Deferred Tax Assets	124	120	117	-	259	-
Other Real Estate Owned & Foreclosed	1,609	749	728	269	1,555	783
Other Long-Term Assets	15,966	1,317	3,707	3,524	1,718	601
Total Assets	1,622,458	1,582,694	1,566,235	1,428,821	1,344,191	1,199,490
Accrued Expenses	2,824	2,392	2,448	2,463	2,311	3,217
Interest Bearing Deposits	127,957	114,557	107,977	98,726	136,359	118,161
Non-Interest Bearing Deposits	810,405	752,146	697,025	658,543	582,746	530,960
Total Deposits	938,362	866,703	805,002	757,269	719,105	649,121
Short-Term Borrowings	4,302	4,605	10,683	7,667	7,740	12,784
Current Portion of Long-Term Debt	6,763	33,618	82,846	89,152	29,886	12,141
Current Portion of Leases	613	600	537	516	492	465
Current Income Taxes Payable	15,637	11,163	9,042	5,896	5,448	6,670
Other Current Liabilities	2,715	6,832	3,206	4,195	1,679	17,138
Long-Term Debt	406,135	422,110	419,816	348,836	383,149	309,652
Long-Term Leases	2,844	3,120	3,171	3,322	3,470	3,791
Long-Term Unearned Revenue	-	-	-	-	-	229
Long-Term Deferred Tax Liabilities	-	1,944	3,086	536	2	1,183
Other Long-Term Liabilities	18,875	4,914	7,524	5,259	4,705	3,037
Total Liabilities	1,399,070	1,358,001	1,347,361	1,225,111	1,157,987	1,019,428
Common Stock	9,564	9,898	10,000	10,000	10,000	10,000
Additional Paid-In Capital	55,000	55,000	55,000	55,000	55,000	55,000
Retained Earnings	159,061	161,619	152,086	139,764	119,585	111,594
Comprehensive Income & Other	-237	-1,824	1,788	-1,054	125	1,040
Total Common Equity	223,388	224,693	218,874	203,710	184,710	177,634
Minority Interest	-	-	-	-	1,494	2,428
Shareholders' Equity	223,388	224,693	218,874	203,710	186,204	180,062
Total Liabilities & Equity	1,622,458	1,582,694	1,566,235	1,428,821	1,344,191	1,199,490
Total Debt	420,657	464,053	517,053	449,493	424,737	338,833
Net Cash (Debt)	-332,441	-371,805	-370,557	-316,451	-302,422	-180,731
Net Cash Per Share	-170.09	-186.65	-185.28	-158.23	-151.21	-90.37
Filing Date Shares Outstanding	1,913	1,980	2,000	2,000	2,000	2,000
Total Common Shares Outstanding	1,913	1,980	2,000	2,000	2,000	2,000
Book Value Per Share	116.79	113.50	109.44	101.86	92.36	88.82
Tangible Book Value	220,702	221,763	215,595	200,359	181,232	173,304
Tangible Book Value Per Share	115.38	112.02	107.80	100.18	90.62	86.65

Source: S&P Capital IQ. Banks template. Financial Sources.