Call reports 2014
GN BANK — 2014
What GN BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 117,004,000 | 116,851,000 | 113,470,000 | 114,189,000 |
| Total loans | 54,728,000 | 53,892,000 | 53,232,000 | 50,819,000 |
| Allowance for loan losses | 2,820,000 | 2,805,000 | 2,803,000 | 2,801,000 |
| Securities available for sale | 39,898,000 | 39,959,000 | 36,895,000 | 36,295,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,977,000 | 105,897,000 | 103,364,000 | 104,761,000 |
| Interest-bearing deposits | 98,595,000 | 93,798,000 | 91,459,000 | 92,161,000 |
| Noninterest-bearing deposits | 7,382,000 | 12,099,000 | 11,905,000 | 12,600,000 |
| Equity capital | 7,740,000 | 7,592,000 | 6,736,000 | 6,063,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,194,000 | 2,355,000 | 3,396,000 | 4,411,000 |
| Interest expense | 142,000 | 277,000 | 407,000 | 534,000 |
| Net interest income | 1,052,000 | 2,078,000 | 2,989,000 | 3,877,000 |
| Noninterest income | 82,000 | 178,000 | 297,000 | 765,000 |
| Noninterest expense | 1,308,000 | 2,692,000 | 3,978,000 | 5,367,000 |
| Provision for loan losses | 234,000 | 504,000 | 1,112,000 | 1,892,000 |
| Pretax income | -408,000 | -940,000 | -1,804,000 | -2,617,000 |
| Income tax | -164,000 | -296,000 | -299,000 | -236,000 |
| Net income | -244,000 | -644,000 | -1,505,000 | -2,381,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,842,000 | 6,444,000 | 5,584,000 | 4,655,000 |
| Total capital | 7,548,000 | 7,134,000 | 6,265,000 | 5,322,000 |
| Risk-weighted assets | 54,369,000 | 53,097,000 | 52,386,000 | 51,235,000 |