Call reports 2020
GUNNISON BANK AND TRUST COMPANY, THE — 2020
What GUNNISON BANK AND TRUST COMPANY, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 116,883,000 | 143,449,000 | 157,264,000 | 156,656,000 |
| Total loans | 87,546,000 | 102,762,000 | 102,221,000 | 99,136,000 |
| Allowance for loan losses | 1,157,000 | 1,748,000 | 1,763,000 | 1,777,000 |
| Securities available for sale | 4,053,000 | 4,003,000 | 3,904,000 | 9,257,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,131,000 | 129,956,000 | 143,273,000 | 141,823,000 |
| Interest-bearing deposits | 56,748,000 | 62,665,000 | 66,095,000 | 68,672,000 |
| Noninterest-bearing deposits | 47,383,000 | 67,291,000 | 77,178,000 | 73,151,000 |
| Equity capital | 12,056,000 | 12,688,000 | 13,222,000 | 14,133,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,478,000 | 3,590,000 | 5,046,000 | 6,439,000 |
| Interest expense | 86,000 | 162,000 | 236,000 | 312,000 |
| Net interest income | 1,392,000 | 3,428,000 | 4,810,000 | 6,127,000 |
| Noninterest income | 488,000 | 953,000 | 1,523,000 | 2,037,000 |
| Noninterest expense | 1,098,000 | 2,239,000 | 3,348,000 | 4,695,000 |
| Provision for loan losses | 58,000 | 649,000 | 661,000 | 673,000 |
| Pretax income | 738,000 | 1,520,000 | 2,354,000 | 2,828,000 |
| Income tax | 181,000 | 373,000 | 578,000 | 692,000 |
| Net income | 557,000 | 1,147,000 | 1,776,000 | 2,136,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,071,000 | 12,661,000 | 13,190,000 | 14,050,000 |
| Total capital | 13,113,000 | 13,741,000 | 14,322,000 | 15,205,000 |
| Risk-weighted assets | 83,219,000 | 85,767,000 | 89,894,000 | 91,796,000 |