Call reports 2024
GNBANK, NATIONAL ASSOCIATION DBA GNBANK, N.A. — 2024
What GNBANK, NATIONAL ASSOCIATION DBA GNBANK, N.A. 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 | 990,324,000 | 981,199,000 | 972,161,000 | 984,392,000 |
| Total loans | 583,103,000 | 586,334,000 | 588,669,000 | 632,387,000 |
| Allowance for loan losses | 8,290,000 | 8,333,000 | 8,458,000 | 8,509,000 |
| Securities available for sale | 288,398,000 | 283,333,000 | 290,388,000 | 264,336,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 772,716,000 | 764,097,000 | 761,095,000 | 774,374,000 |
| Interest-bearing deposits | 735,370,000 | 734,629,000 | 727,686,000 | 737,973,000 |
| Noninterest-bearing deposits | 37,346,000 | 29,468,000 | 33,409,000 | 36,401,000 |
| Equity capital | 98,680,000 | 100,643,000 | 110,235,000 | 109,110,000 |
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 | 11,993,000 | 24,500,000 | 37,244,000 | 50,059,000 |
| Interest expense | 4,184,000 | 8,456,000 | 12,982,000 | 17,368,000 |
| Net interest income | 7,809,000 | 16,044,000 | 24,262,000 | 32,691,000 |
| Noninterest income | 800,000 | 1,628,000 | 2,499,000 | 3,454,000 |
| Noninterest expense | 5,946,000 | 11,552,000 | 17,393,000 | 23,164,000 |
| Provision for loan losses | 308,000 | 382,000 | 481,000 | 517,000 |
| Pretax income | 1,955,000 | 4,380,000 | 8,592,000 | 11,143,000 |
| Income tax | 435,000 | 992,000 | 1,955,000 | 2,509,000 |
| Net income | 1,520,000 | 3,388,000 | 6,637,000 | 8,634,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 106,138,000 | 107,062,000 | 110,369,000 | 111,420,000 |