Call reports 2022
GN BANK — 2022
What GN BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 79,793,000 | 76,619,000 | 74,114,000 | 70,889,000 |
| Total loans | 64,272,000 | 60,182,000 | 55,468,000 | 56,102,000 |
| Allowance for loan losses | 884,000 | 848,000 | 820,000 | 828,000 |
| Securities available for sale | 3,923,000 | 3,707,000 | 3,545,000 | 3,473,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,357,000 | 65,580,000 | 63,370,000 | 61,443,000 |
| Interest-bearing deposits | 60,246,000 | 56,146,000 | 54,648,000 | 53,204,000 |
| Noninterest-bearing deposits | 9,111,000 | 9,434,000 | 8,722,000 | 8,239,000 |
| Equity capital | 9,950,000 | 9,768,000 | 9,655,000 | 9,080,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 726,000 | 1,414,000 | 2,140,000 | 3,098,000 |
| Interest expense | 14,000 | 28,000 | 42,000 | 56,000 |
| Net interest income | 712,000 | 1,386,000 | 2,098,000 | 3,042,000 |
| Noninterest income | 51,000 | 105,000 | 161,000 | 227,000 |
| Noninterest expense | 787,000 | 1,626,000 | 2,397,000 | 4,046,000 |
| Provision for loan losses | 60,000 | 60,000 | 120,000 | 160,000 |
| Pretax income | -84,000 | -195,000 | -258,000 | -937,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -84,000 | -195,000 | -258,000 | -937,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,159,000 | 10,048,000 | 9,986,000 | 9,306,000 |
| Total capital | 11,000,000 | 10,831,000 | 10,732,000 | 10,032,000 |
| Risk-weighted assets | 67,080,000 | 62,601,000 | 59,624,000 | 57,956,000 |