Call reports 2021
GN BANK — 2021
What GN BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 100,686,000 | 91,062,000 | 88,240,000 | 84,657,000 |
| Total loans | 50,664,000 | 58,328,000 | 66,704,000 | 68,176,000 |
| Allowance for loan losses | 664,000 | 708,000 | 809,000 | 840,000 |
| Securities available for sale | 5,320,000 | 6,449,000 | 4,748,000 | 4,304,000 |
| Securities held to maturity | 8,010,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,490,000 | 81,041,000 | 77,862,000 | 74,333,000 |
| Interest-bearing deposits | 68,520,000 | 62,533,000 | 60,674,000 | 62,375,000 |
| Noninterest-bearing deposits | 17,970,000 | 18,508,000 | 17,188,000 | 11,958,000 |
| Equity capital | 9,979,000 | 9,938,000 | 9,989,000 | 10,193,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 624,000 | 1,312,000 | 1,918,000 | 2,562,000 |
| Interest expense | 23,000 | 43,000 | 61,000 | 82,000 |
| Net interest income | 601,000 | 1,269,000 | 1,857,000 | 2,480,000 |
| Noninterest income | 110,000 | 232,000 | 638,000 | 1,156,000 |
| Noninterest expense | 835,000 | 1,648,000 | 2,417,000 | 3,292,000 |
| Provision for loan losses | 30,000 | 60,000 | 245,000 | 275,000 |
| Pretax income | 4,000 | 96,000 | 172,000 | 408,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 4,000 | 96,000 | 172,000 | 408,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,840,000 | 9,932,000 | 10,008,000 | 10,244,000 |
| Total capital | 10,504,000 | 10,640,000 | 10,815,000 | 11,084,000 |
| Risk-weighted assets | 57,687,000 | 61,771,000 | 64,465,000 | 69,627,000 |