Call reports 2021
GNBANK, NATIONAL ASSOCIATION DBA GNBANK, N.A. — 2021
What GNBANK, NATIONAL ASSOCIATION DBA GNBANK, N.A. reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 909,114,000 | 928,783,000 | 937,387,000 | 959,277,000 |
| Total loans | 493,491,000 | 486,696,000 | 464,397,000 | 478,845,000 |
| Allowance for loan losses | 7,574,000 | 7,492,000 | 7,214,000 | 7,501,000 |
| Securities available for sale | 220,480,000 | 225,314,000 | 277,816,000 | 268,384,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 726,908,000 | 736,794,000 | 737,757,000 | 757,805,000 |
| Interest-bearing deposits | 696,978,000 | 705,068,000 | 704,550,000 | 728,985,000 |
| Noninterest-bearing deposits | 29,930,000 | 31,726,000 | 33,207,000 | 28,820,000 |
| Equity capital | 97,497,000 | 102,709,000 | 103,194,000 | 103,367,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 6,920,000 | 18,353,000 | 25,244,000 | 32,446,000 |
| Interest expense | 785,000 | 1,495,000 | 2,136,000 | 2,745,000 |
| Net interest income | 6,135,000 | 16,858,000 | 23,108,000 | 29,701,000 |
| Noninterest income | 1,105,000 | 2,071,000 | 3,119,000 | 4,145,000 |
| Noninterest expense | 4,915,000 | 10,099,000 | 15,001,000 | 19,563,000 |
| Provision for loan losses | 121,000 | 123,000 | 129,000 | 327,000 |
| Pretax income | 1,542,000 | 8,324,000 | 10,611,000 | 13,193,000 |
| Income tax | 316,000 | 1,934,000 | 2,443,000 | 3,031,000 |
| Net income | 1,226,000 | 6,390,000 | 8,168,000 | 10,162,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 83,038,000 | 88,315,000 | 90,194,000 | 92,274,000 |