Call reports 2016
GSL SAVINGS BANK — 2016
What GSL SAVINGS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 91,499,000 | 90,992,000 | 89,942,000 | 92,085,000 |
| Total loans | 78,250,000 | 76,430,000 | 73,043,000 | 76,083,000 |
| Allowance for loan losses | 1,031,000 | 731,000 | 731,000 | 731,000 |
| Securities available for sale | 4,524,000 | 3,842,000 | 2,758,000 | 2,572,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,375,000 | 77,651,000 | 76,721,000 | 79,047,000 |
| Interest-bearing deposits | 73,446,000 | 73,480,000 | 71,767,000 | 74,181,000 |
| Noninterest-bearing deposits | 3,929,000 | 4,171,000 | 4,954,000 | 4,866,000 |
| Equity capital | 12,003,000 | 12,134,000 | 12,073,000 | 11,964,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 783,000 | 1,518,000 | 2,206,000 | 2,914,000 |
| Interest expense | 147,000 | 299,000 | 456,000 | 619,000 |
| Net interest income | 636,000 | 1,219,000 | 1,750,000 | 2,295,000 |
| Noninterest income | 111,000 | 137,000 | 154,000 | 171,000 |
| Noninterest expense | 592,000 | 1,309,000 | 1,965,000 | 2,608,000 |
| Provision for loan losses | 0 | -300,000 | -300,000 | -300,000 |
| Pretax income | 155,000 | 347,000 | 239,000 | 158,000 |
| Income tax | 60,000 | 134,000 | 87,000 | 56,000 |
| Net income | 95,000 | 213,000 | 152,000 | 102,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,930,000 | 11,036,000 | 11,005,000 | 10,909,000 |
| Total capital | 11,513,000 | 11,612,000 | 11,574,000 | 11,510,000 |
| Risk-weighted assets | 45,407,000 | 45,150,000 | 44,607,000 | 47,201,000 |