Call reports 2024
GALION BUILDING AND LOAN BANK, THE — 2024
What GALION BUILDING AND LOAN BANK, THE 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 | 75,885,000 | 74,866,000 | 76,554,000 | 77,713,000 |
| Total loans | 54,278,000 | 55,225,000 | 54,899,000 | 56,207,000 |
| Allowance for loan losses | 312,000 | 312,000 | 328,000 | 343,000 |
| Securities available for sale | 4,028,000 | 3,650,000 | 3,372,000 | 3,127,000 |
| Securities held to maturity | 9,680,000 | 9,313,000 | 8,973,000 | 9,558,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,526,000 | 60,329,000 | 61,759,000 | 63,128,000 |
| Interest-bearing deposits | 48,534,000 | 48,202,000 | 49,718,000 | 50,965,000 |
| Noninterest-bearing deposits | 12,992,000 | 12,127,000 | 12,041,000 | 12,163,000 |
| Equity capital | 8,016,000 | 8,122,000 | 8,201,000 | 8,257,000 |
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 | 851,000 | 1,736,000 | 2,626,000 | 3,549,000 |
| Interest expense | 232,000 | 493,000 | 781,000 | 1,092,000 |
| Net interest income | 619,000 | 1,243,000 | 1,845,000 | 2,457,000 |
| Noninterest income | 45,000 | 85,000 | 126,000 | 166,000 |
| Noninterest expense | 543,000 | 1,077,000 | 1,618,000 | 2,155,000 |
| Provision for loan losses | 0 | 0 | 15,000 | 30,000 |
| Pretax income | 121,000 | 251,000 | 338,000 | 433,000 |
| Income tax | 25,000 | 53,000 | 74,000 | 105,000 |
| Net income | 96,000 | 198,000 | 264,000 | 328,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,165,000 | 8,267,000 | 8,333,000 | 8,397,000 |