Call reports 2022
GNBANK, NATIONAL ASSOCIATION DBA GNBANK, N.A. — 2022
What GNBANK, NATIONAL ASSOCIATION DBA GNBANK, N.A. reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 954,220,000 | 935,457,000 | 939,402,000 | 938,981,000 |
| Total loans | 462,194,000 | 487,087,000 | 509,728,000 | 532,448,000 |
| Allowance for loan losses | 7,649,000 | 7,767,000 | 8,116,000 | 7,554,000 |
| Securities available for sale | 323,600,000 | 330,936,000 | 315,574,000 | 314,117,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 769,305,000 | 749,860,000 | 762,731,000 | 744,859,000 |
| Interest-bearing deposits | 736,372,000 | 718,496,000 | 719,744,000 | 711,962,000 |
| Noninterest-bearing deposits | 32,933,000 | 31,364,000 | 42,987,000 | 32,897,000 |
| Equity capital | 91,351,000 | 85,720,000 | 82,089,000 | 84,925,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 6,965,000 | 14,644,000 | 23,417,000 | 32,269,000 |
| Interest expense | 598,000 | 1,216,000 | 1,936,000 | 3,156,000 |
| Net interest income | 6,367,000 | 13,428,000 | 21,481,000 | 29,113,000 |
| Noninterest income | 868,000 | 1,772,000 | 2,719,000 | 3,943,000 |
| Noninterest expense | 5,238,000 | 8,624,000 | 13,847,000 | 19,093,000 |
| Provision for loan losses | 128,000 | 134,000 | 137,000 | 137,000 |
| Pretax income | -327,000 | 2,320,000 | 5,030,000 | 8,775,000 |
| Income tax | -128,000 | 478,000 | 1,094,000 | 1,970,000 |
| Net income | -199,000 | 1,842,000 | 3,936,000 | 6,805,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 92,161,000 | 94,288,000 | 96,468,000 | 98,393,000 |