Palestine Islamic Bank (PEX: ISBK)

Palestine Islamic Bank Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	173.86	189.09	235.91	410.48	323.87	279.59
Investment Securities	97.65	120.57	96.75	75.91	29.33	35.37
Trading Asset Securities	1.52	1.63	1.86	1.91	1.29	1.42
Total Investments	99.17	122.2	98.6	77.81	30.61	36.79
Gross Loans	941.14	1,041	931.19	919.24	909.31	791.22
Allowance for Loan Losses	-	-53.31	-30.79	-27.43	-21.92	-16.65
Other Adjustments to Gross Loans	-	-2.75	-2.18	-1.44	-1.92	-4.08
Net Loans	941.14	984.83	898.22	890.36	885.48	770.49
Property, Plant & Equipment	36.9	21.62	23.33	23.83	25.61	28.35
Other Intangible Assets	1.56	1.67	0.83	0.79	0.87	0.74
Investments in Real Estate	10.01	26.57	22.26	25.61	20.9	21.63
Accrued Interest Receivable	-	1.31	0.71	1.11	1.18	-
Other Receivables	94.86	9.44	5.21	5.31	19.99	10.57
Restricted Cash	89.3	191.15	218.83	211.23	194.73	159.93
Other Current Assets	-	6.94	4.69	3.27	2.26	0.61
Long-Term Deferred Tax Assets	11.86	11.62	6.27	5.53	5.15	4.69
Other Long-Term Assets	14.62	2.83	1.46	1.08	0.67	1.86
Total Assets	1,473	1,569	1,516	1,656	1,511	1,315
Accrued Expenses	-	2.12	4.09	3.43	3.15	3.99
Interest Bearing Deposits	5.11	22.33	80.42	183.11	190.55	111.74
Non-Interest Bearing Deposits	340.04	340.59	295.07	321.27	326	263.14
Total Deposits	345.15	362.91	375.5	504.38	516.55	374.88
Current Portion of Leases	-	1.42	1.24	1.45	1.45	1.41
Current Income Taxes Payable	2.52	9.61	6.22	4.14	2.04	1.61
Other Current Liabilities	-	74.39	31.8	33.54	33	30.82
Long-Term Debt	-	13.39	12.66	8.12	0.48	-
Long-Term Leases	4.86	3.82	4.61	5.4	6.46	7.41
Long-Term Unearned Revenue	-	0.05	0.02	0	0.01	-
Pension & Post-Retirement Benefits	-	11.05	10.54	9.87	8.52	9.58
Long-Term Deferred Tax Liabilities	-	0.11	0.11	0.07	0.07	-
Other Long-Term Liabilities	972.64	942.38	921.08	947.37	816.27	772.72
Total Liabilities	1,325	1,421	1,368	1,518	1,388	1,203
Common Stock	100	100	90	85	80	77
Additional Paid-In Capital	3.2	3.2	3.2	3.2	3.2	3.2
Retained Earnings	39.61	38.55	43.71	38.36	29.68	21.51
Comprehensive Income & Other	5.31	6.28	11.55	12.09	10.46	11.01
Shareholders' Equity	148.12	148.04	148.46	138.65	123.33	112.71
Total Liabilities & Equity	1,473	1,569	1,516	1,656	1,511	1,315
Total Debt	4.86	18.62	18.51	14.97	8.38	8.82
Net Cash (Debt)	170.53	209.32	256.47	422.69	316.78	272.19
Net Cash Growth	-50.99%	-18.38%	-39.33%	33.44%	16.38%	2.48%
Net Cash Per Share	1.70	2.09	2.56	4.23	3.17	2.72
Filing Date Shares Outstanding	100	100	100	100	100	100
Total Common Shares Outstanding	100	100	100	100	100	100
Book Value Per Share	1.48	1.48	1.48	1.39	1.23	1.13
Tangible Book Value	146.56	146.36	147.63	137.86	122.46	111.98
Tangible Book Value Per Share	1.47	1.46	1.48	1.38	1.22	1.12

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