Call reports 2023
GARY STATE BANK, THE — 2023
What GARY STATE BANK, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Total assets | 21,008,000 | 17,413,000 |
| Total loans | 10,569,000 | 11,147,000 |
| Allowance for loan losses | 310,000 | 310,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 18,575,000 | 14,774,000 |
| Interest-bearing deposits | 10,157,000 | 9,425,000 |
| Noninterest-bearing deposits | 8,418,000 | 5,349,000 |
| Equity capital | 2,172,000 | 2,272,000 |
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 |
|---|---|---|
| Interest income | 224,000 | 467,000 |
| Interest expense | 15,000 | 32,000 |
| Net interest income | 209,000 | 435,000 |
| Noninterest income | 28,000 | 52,000 |
| Noninterest expense | 140,000 | 278,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | 97,000 | 209,000 |
| Income tax | 0 | 0 |
| Net income | 97,000 | 209,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Tier 1 capital | 2,172,000 | 2,272,000 |
| Total capital | 2,302,000 | 2,409,000 |
| Risk-weighted assets | 10,255,000 | 10,762,000 |