Call reports 2016
GUNNISON BANK AND TRUST COMPANY, THE — 2016
What GUNNISON BANK AND TRUST COMPANY, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 83,091,000 | 81,340,000 | 85,118,000 | 84,214,000 |
| Total loans | 53,410,000 | 57,242,000 | 58,983,000 | 60,799,000 |
| Allowance for loan losses | 925,000 | 933,000 | 924,000 | 932,000 |
| Securities available for sale | 13,556,000 | 12,334,000 | 11,524,000 | 11,822,000 |
| Securities held to maturity | 569,000 | 568,000 | 566,000 | 565,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,355,000 | 72,529,000 | 76,145,000 | 74,414,000 |
| Interest-bearing deposits | 43,289,000 | 41,752,000 | 40,841,000 | 40,049,000 |
| Noninterest-bearing deposits | 31,066,000 | 30,777,000 | 35,305,000 | 34,365,000 |
| Equity capital | 7,588,000 | 7,702,000 | 7,887,000 | 7,930,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 889,000 | 1,794,000 | 2,757,000 | 3,724,000 |
| Interest expense | 51,000 | 102,000 | 151,000 | 200,000 |
| Net interest income | 838,000 | 1,692,000 | 2,606,000 | 3,524,000 |
| Noninterest income | 167,000 | 313,000 | 558,000 | 846,000 |
| Noninterest expense | 695,000 | 1,386,000 | 2,209,000 | 3,182,000 |
| Provision for loan losses | 1,000 | 6,000 | 12,000 | 12,000 |
| Pretax income | 326,000 | 630,000 | 960,000 | 1,193,000 |
| Income tax | 116,000 | 226,000 | 346,000 | 429,000 |
| Net income | 210,000 | 404,000 | 614,000 | 764,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,626,000 | 7,671,000 | 7,880,000 | 8,029,000 |
| Total capital | 8,289,000 | 8,371,000 | 8,617,000 | 8,774,000 |
| Risk-weighted assets | 52,845,000 | 55,734,000 | 58,792,000 | 59,572,000 |