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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	240.2	189.09	235.91	410.48	323.87	279.59
Investment Securities	101.85	120.57	96.75	75.91	29.33	35.37
Trading Asset Securities	1.37	1.63	1.86	1.91	1.29	1.42
Total Investments	103.22	122.2	98.6	77.81	30.61	36.79
Gross Loans	1,006	1,041	931.19	919.24	909.31	791.22
Allowance for Loan Losses	-60.08	-53.31	-30.79	-27.43	-21.92	-16.65
Other Adjustments to Gross Loans	-3.19	-2.75	-2.18	-1.44	-1.92	-4.08
Net Loans	942.81	984.83	898.22	890.36	885.48	770.49
Property, Plant & Equipment	35.84	21.62	23.33	23.83	25.61	28.35
Other Intangible Assets	1.53	1.67	0.83	0.79	0.87	0.74
Investments in Real Estate	8.79	26.57	22.26	25.61	20.9	21.63
Accrued Interest Receivable	2.57	1.31	0.71	1.11	1.18	-
Other Receivables	6.72	9.44	5.21	5.31	19.99	10.57
Restricted Cash	147.05	191.15	218.83	211.23	194.73	159.93
Other Current Assets	4.15	6.94	4.69	3.27	2.26	0.61
Long-Term Deferred Tax Assets	12.56	11.62	6.27	5.53	5.15	4.69
Other Long-Term Assets	1.98	2.83	1.46	1.08	0.67	1.86
Total Assets	1,507	1,569	1,516	1,656	1,511	1,315
Accrued Expenses	2.38	2.12	4.09	3.43	3.15	3.99
Interest Bearing Deposits	4.93	22.33	80.42	183.11	190.55	111.74
Non-Interest Bearing Deposits	376.8	340.59	295.07	321.27	326	263.14
Total Deposits	381.74	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	-	9.61	6.22	4.14	2.04	1.61
Other Current Liabilities	82.13	74.39	31.8	33.54	33	30.82
Long-Term Debt	16.15	13.39	12.66	8.12	0.48	-
Long-Term Leases	4.66	3.82	4.61	5.4	6.46	7.41
Long-Term Unearned Revenue	0.06	0.05	0.02	0	0.01	-
Pension & Post-Retirement Benefits	13.79	11.05	10.54	9.87	8.52	9.58
Long-Term Deferred Tax Liabilities	0.07	0.11	0.11	0.07	0.07	-
Other Long-Term Liabilities	855.75	942.38	921.08	947.37	816.27	772.72
Total Liabilities	1,357	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	40.62	38.55	43.71	38.36	29.68	21.51
Comprehensive Income & Other	6.89	6.28	11.55	12.09	10.46	11.01
Shareholders' Equity	150.7	148.04	148.46	138.65	123.33	112.71
Total Liabilities & Equity	1,507	1,569	1,516	1,656	1,511	1,315
Total Debt	20.81	18.62	18.51	14.97	8.38	8.82
Net Cash (Debt)	222.91	209.32	256.47	422.69	316.78	272.19
Net Cash Growth	-29.99%	-18.38%	-39.33%	33.44%	16.38%	2.48%
Net Cash Per Share	2.23	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	1.51	1.48	1.48	1.39	1.23	1.13
Tangible Book Value	149.18	146.36	147.63	137.86	122.46	111.98
Tangible Book Value Per Share	1.49	1.46	1.48	1.38	1.22	1.12

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