Call reports 2024
GUNNISON BANK AND TRUST COMPANY, THE — 2024
What GUNNISON BANK AND TRUST COMPANY, THE 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 | 241,184,000 | 239,508,000 | 250,491,000 | 231,091,000 |
| Total loans | 148,617,000 | 157,539,000 | 161,374,000 | 150,344,000 |
| Allowance for loan losses | 1,872,000 | 1,885,000 | 1,915,000 | 1,948,000 |
| Securities available for sale | 54,525,000 | 44,556,000 | 41,419,000 | 40,763,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 188,359,000 | 189,721,000 | 198,756,000 | 195,623,000 |
| Interest-bearing deposits | 90,345,000 | 100,041,000 | 103,053,000 | 98,017,000 |
| Noninterest-bearing deposits | 98,014,000 | 89,680,000 | 95,703,000 | 97,606,000 |
| Equity capital | 25,612,000 | 26,600,000 | 27,802,000 | 28,123,000 |
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 | 3,181,000 | 6,501,000 | 10,098,000 | 13,544,000 |
| Interest expense | 518,000 | 1,176,000 | 1,899,000 | 2,565,000 |
| Net interest income | 2,663,000 | 5,325,000 | 8,199,000 | 10,979,000 |
| Noninterest income | 493,000 | 956,000 | 1,429,000 | 1,888,000 |
| Noninterest expense | 1,625,000 | 3,230,000 | 4,895,000 | 7,172,000 |
| Provision for loan losses | 10,000 | 20,000 | 50,000 | 80,000 |
| Pretax income | 1,521,000 | 3,031,000 | 4,683,000 | 5,615,000 |
| Income tax | 356,000 | 715,000 | 1,108,000 | 1,326,000 |
| Net income | 1,165,000 | 2,316,000 | 3,575,000 | 4,289,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,449,000 | 29,300,000 | 29,760,000 | 30,474,000 |