Call reports 2023
GNBANK, NATIONAL ASSOCIATION DBA GNBANK, N.A. — 2023
What GNBANK, NATIONAL ASSOCIATION DBA GNBANK, N.A. reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 957,053,000 | 975,061,000 | 967,070,000 | 979,813,000 |
| Total loans | 538,148,000 | 562,156,000 | 559,830,000 | 589,262,000 |
| Allowance for loan losses | 7,799,000 | 7,801,000 | 7,878,000 | 7,991,000 |
| Securities available for sale | 314,080,000 | 310,171,000 | 300,561,000 | 297,653,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 742,690,000 | 716,003,000 | 708,253,000 | 719,235,000 |
| Interest-bearing deposits | 706,177,000 | 682,461,000 | 676,829,000 | 683,112,000 |
| Noninterest-bearing deposits | 36,513,000 | 33,542,000 | 31,424,000 | 36,123,000 |
| Equity capital | 90,193,000 | 90,258,000 | 88,086,000 | 97,821,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 9,482,000 | 19,682,000 | 30,882,000 | 42,450,000 |
| Interest expense | 1,839,000 | 4,538,000 | 7,930,000 | 11,682,000 |
| Net interest income | 7,643,000 | 15,144,000 | 22,952,000 | 30,768,000 |
| Noninterest income | 871,000 | 1,773,000 | 2,673,000 | 3,572,000 |
| Noninterest expense | 5,583,000 | 10,995,000 | 16,493,000 | 21,998,000 |
| Provision for loan losses | 375,000 | 352,000 | 478,000 | 623,000 |
| Pretax income | 2,954,000 | 5,780,000 | 7,873,000 | 12,420,000 |
| Income tax | 671,000 | 1,325,000 | 1,813,000 | 2,889,000 |
| Net income | 2,283,000 | 4,455,000 | 6,060,000 | 9,531,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 100,483,000 | 101,512,000 | 102,034,000 | 104,560,000 |