Call reports 2020
GN BANK — 2020
What GN BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 102,206,000 | 108,133,000 | 104,916,000 | 99,678,000 |
| Total loans | 43,968,000 | 49,032,000 | 50,474,000 | 52,033,000 |
| Allowance for loan losses | 581,000 | 684,000 | 710,000 | 719,000 |
| Securities available for sale | 20,906,000 | 20,295,000 | 17,205,000 | 12,362,000 |
| Securities held to maturity | 11,595,000 | 10,833,000 | 9,820,000 | 8,868,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,193,000 | 91,978,000 | 87,933,000 | 84,954,000 |
| Interest-bearing deposits | 73,466,000 | 71,890,000 | 69,288,000 | 67,893,000 |
| Noninterest-bearing deposits | 17,727,000 | 20,088,000 | 18,645,000 | 17,061,000 |
| Equity capital | 10,592,000 | 10,584,000 | 10,621,000 | 10,274,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 979,000 | 1,768,000 | 2,490,000 | 3,180,000 |
| Interest expense | 152,000 | 205,000 | 247,000 | 280,000 |
| Net interest income | 827,000 | 1,563,000 | 2,243,000 | 2,900,000 |
| Noninterest income | 82,000 | 260,000 | 692,000 | 799,000 |
| Noninterest expense | 1,497,000 | 2,435,000 | 3,397,000 | 4,495,000 |
| Provision for loan losses | 138,000 | 238,000 | 253,000 | 253,000 |
| Pretax income | -552,000 | -632,000 | -497,000 | -831,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -552,000 | -632,000 | -497,000 | -831,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,128,000 | 10,049,000 | 10,185,000 | 9,850,000 |
| Total capital | 10,709,000 | 10,733,000 | 10,894,000 | 10,542,000 |
| Risk-weighted assets | 50,907,000 | 55,703,000 | 56,729,000 | 55,310,000 |