Call reports 2024
GN BANK — 2024
What GN BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 64,341,000 | 64,693,000 | 65,939,000 | 64,685,000 |
| Total loans | 43,419,000 | 38,771,000 | 37,512,000 | 35,341,000 |
| Allowance for loan losses | 735,000 | 684,000 | 617,000 | 485,000 |
| Securities available for sale | 4,696,000 | 16,602,000 | 17,255,000 | 20,843,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,014,000 | 55,135,000 | 55,749,000 | 55,699,000 |
| Interest-bearing deposits | 48,746,000 | 48,932,000 | 49,433,000 | 49,404,000 |
| Noninterest-bearing deposits | 6,268,000 | 6,203,000 | 6,316,000 | 6,295,000 |
| Equity capital | 9,014,000 | 9,187,000 | 9,845,000 | 8,759,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 821,000 | 1,660,000 | 2,479,000 | 3,289,000 |
| Interest expense | 87,000 | 199,000 | 341,000 | 494,000 |
| Net interest income | 734,000 | 1,461,000 | 2,138,000 | 2,795,000 |
| Noninterest income | 93,000 | 142,000 | 214,000 | 237,000 |
| Noninterest expense | 691,000 | 1,479,000 | 2,335,000 | 2,998,000 |
| Provision for loan losses | 0 | -46,000 | -80,000 | -211,000 |
| Pretax income | 135,000 | 170,000 | 95,000 | 243,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 135,000 | 170,000 | 95,000 | 243,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,286,000 | 9,319,000 | 9,245,000 | 9,395,000 |