Call reports 2016
GN BANK — 2016
What GN BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 101,004,000 | 109,071,000 | 105,403,000 | 105,724,000 |
| Total loans | 44,550,000 | 42,547,000 | 42,006,000 | 40,662,000 |
| Allowance for loan losses | 2,277,000 | 1,449,000 | 1,309,000 | 1,074,000 |
| Securities available for sale | 25,000,000 | 0 | 0 | 369,000 |
| Securities held to maturity | 0 | 21,118,000 | 20,493,000 | 29,018,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,606,000 | 94,954,000 | 95,072,000 | 97,257,000 |
| Interest-bearing deposits | 82,942,000 | 86,681,000 | 87,156,000 | 87,939,000 |
| Noninterest-bearing deposits | 12,664,000 | 8,273,000 | 7,916,000 | 9,318,000 |
| Equity capital | 2,137,000 | 10,701,000 | 10,090,000 | 8,108,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 780,000 | 1,481,000 | 2,318,000 | 3,105,000 |
| Interest expense | 99,000 | 196,000 | 254,000 | 320,000 |
| Net interest income | 681,000 | 1,285,000 | 2,064,000 | 2,785,000 |
| Noninterest income | 149,000 | 256,000 | -30,000 | 93,000 |
| Noninterest expense | 1,577,000 | 3,036,000 | 4,524,000 | 6,643,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -747,000 | -1,495,000 | -2,490,000 | -3,765,000 |
| Income tax | -132,000 | -152,000 | -152,000 | 46,000 |
| Net income | -615,000 | -1,343,000 | -2,338,000 | -3,811,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,049,000 | 10,701,000 | 9,706,000 | 7,739,000 |
| Total capital | 2,681,000 | 11,333,000 | 10,229,000 | 8,316,000 |
| Risk-weighted assets | 48,903,000 | 49,755,000 | 41,105,000 | 45,663,000 |