Call reports 2023
GN BANK — 2023
What GN BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 70,137,000 | 68,041,000 | 65,794,000 | 63,898,000 |
| Total loans | 54,442,000 | 52,148,000 | 45,474,000 | 44,841,000 |
| Allowance for loan losses | 838,000 | 827,000 | 800,000 | 738,000 |
| Securities available for sale | 3,476,000 | 3,398,000 | 3,293,000 | 3,810,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,153,000 | 58,089,000 | 56,821,000 | 54,615,000 |
| Interest-bearing deposits | 52,038,000 | 51,241,000 | 49,924,000 | 47,636,000 |
| Noninterest-bearing deposits | 8,115,000 | 6,848,000 | 6,897,000 | 6,979,000 |
| Equity capital | 9,598,000 | 9,473,000 | 8,619,000 | 8,922,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 787,000 | 1,668,000 | 2,886,000 | 3,624,000 |
| Interest expense | 24,000 | 61,000 | 105,000 | 164,000 |
| Net interest income | 763,000 | 1,607,000 | 2,781,000 | 3,460,000 |
| Noninterest income | 505,000 | 620,000 | 819,000 | 1,131,000 |
| Noninterest expense | 782,000 | 1,783,000 | 2,677,000 | 3,434,000 |
| Provision for loan losses | 10,000 | 10,000 | 1,313,000 | 1,313,000 |
| Pretax income | 476,000 | 434,000 | -390,000 | -156,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 476,000 | 434,000 | -390,000 | -156,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,782,000 | 9,739,000 | 8,917,000 | 9,150,000 |
| Total capital | 10,500,000 | 10,410,000 | 9,498,000 | 9,687,000 |
| Risk-weighted assets | 57,355,000 | 53,513,000 | 46,280,000 | 42,760,000 |