Call reports 2020
GNBANK, NATIONAL ASSOCIATION DBA GNBANK, N.A. — 2020
What GNBANK, NATIONAL ASSOCIATION DBA GNBANK, N.A. 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 | 748,191,000 | 832,369,000 | 838,966,000 | 850,732,000 |
| Total loans | 489,014,000 | 540,690,000 | 517,771,000 | 495,099,000 |
| Allowance for loan losses | 8,032,000 | 7,033,000 | 7,584,000 | 7,718,000 |
| Securities available for sale | 172,220,000 | 162,602,000 | 170,349,000 | 172,026,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 592,981,000 | 652,083,000 | 652,518,000 | 672,859,000 |
| Interest-bearing deposits | 570,301,000 | 624,887,000 | 625,111,000 | 642,481,000 |
| Noninterest-bearing deposits | 22,680,000 | 27,196,000 | 27,407,000 | 30,378,000 |
| Equity capital | 90,799,000 | 94,402,000 | 96,108,000 | 97,797,000 |
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 | 8,149,000 | 17,949,000 | 25,651,000 | 32,971,000 |
| Interest expense | 1,385,000 | 2,572,000 | 3,556,000 | 4,435,000 |
| Net interest income | 6,764,000 | 15,377,000 | 22,095,000 | 28,536,000 |
| Noninterest income | 830,000 | 1,664,000 | 2,933,000 | 4,077,000 |
| Noninterest expense | 5,491,000 | 10,612,000 | 15,673,000 | 20,785,000 |
| Provision for loan losses | 196,000 | 327,000 | 879,000 | 1,030,000 |
| Pretax income | 1,349,000 | 6,015,000 | 8,458,000 | 10,987,000 |
| Income tax | 275,000 | 1,335,000 | 1,921,000 | 2,494,000 |
| Net income | 1,074,000 | 4,680,000 | 6,537,000 | 8,493,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,332,000 | 77,668,000 | 79,636,000 | 81,701,000 |