Intervest Bancshares Corp (IBCA) financial statements (2022 and earlier)

Company profile

Business Address 1 ROCKEFELLER PLAZA
NEW YORK, NY 10020-2002
State of Incorp. DE
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

Current Assets
Cash, cash equivalents, and short-term investments, including:423518
Cash and cash equivalents2560
Other undisclosed cash, cash equivalents, and short-term investments399458
Deferred costs11
Total current assets:424519
Noncurrent Assets
Property, plant and equipment44
Regulated entity, other noncurrent assets11
Total noncurrent assets:55
Other undisclosed assets1,1391,142
TOTAL ASSETS:1,5681,666
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities1,3711,455
Total liabilities:1,3711,455
Stockholders' equity
Stockholders' equity attributable to parent, including:197211
Preferred stock 25
Common stock2222
Additional paid in capital88111
Accumulated other comprehensive loss(0) 
Retained earnings8980
Unearned esop shares(2)(1)
Other undisclosed stockholders' equity attributable to parent (25)
Total stockholders' equity:197211

Income statement (P&L) ($ in millions)

Operating expenses(9)(11)
Operating loss:(9)(11)
Nonoperating income
(Investment Income, Nonoperating)
Interest and debt expense(27)(38)
Other undisclosed income from continuing operations before equity method investments, income taxes6271
Income from continuing operations before income taxes:2623
Income tax expense(12)(10)
Net income attributable to parent:1412
Preferred stock dividends and other adjustments(1)(2)
Net income available to common stockholders, diluted:1310

Comprehensive Income ($ in millions)

Net income:1412
Other comprehensive loss(0) 
Comprehensive income, net of tax, attributable to parent:1412

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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