Call reports 2023
GLEN BURNIE MUTUAL SAVINGS BANK — 2023
What GLEN BURNIE MUTUAL SAVINGS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 109,812,000 | 108,477,000 | 107,867,000 | 106,940,000 |
| Total loans | 86,763,000 | 88,466,000 | 89,527,000 | 86,830,000 |
| Allowance for loan losses | 364,000 | 364,000 | 364,000 | 364,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,000,000 | 2,000,000 | 1,500,000 | 1,500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,161,000 | 99,061,000 | 99,114,000 | 97,444,000 |
| Interest-bearing deposits | 101,161,000 | 99,061,000 | 99,114,000 | 97,444,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 8,452,000 | 8,581,000 | 8,581,000 | 8,660,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,060,000 | 2,148,000 | 3,246,000 | 4,338,000 |
| Interest expense | 719,000 | 1,392,000 | 2,246,000 | 2,999,000 |
| Net interest income | 341,000 | 756,000 | 1,000,000 | 1,339,000 |
| Noninterest income | 8,000 | 14,000 | 23,000 | 29,000 |
| Noninterest expense | 254,000 | 496,000 | 749,000 | 1,011,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 95,000 | 274,000 | 274,000 | 357,000 |
| Income tax | 26,000 | 75,000 | 75,000 | 79,000 |
| Net income | 69,000 | 199,000 | 199,000 | 278,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,452,000 | 8,581,000 | 8,581,000 | 8,660,000 |
| Total capital | 8,816,000 | 8,945,000 | 8,945,000 | 9,024,000 |
| Risk-weighted assets | 52,837,000 | 51,341,000 | 52,119,000 | 50,447,000 |