Call reports 2020
GSL SAVINGS BANK — 2020
What GSL SAVINGS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 114,225,000 | 117,222,000 | 117,766,000 | 119,300,000 |
| Total loans | 98,799,000 | 99,240,000 | 95,808,000 | 91,483,000 |
| Allowance for loan losses | 731,000 | 746,000 | 761,000 | 776,000 |
| Securities available for sale | 1,967,000 | 1,905,000 | 1,841,000 | 1,755,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,866,000 | 91,937,000 | 92,589,000 | 94,253,000 |
| Interest-bearing deposits | 82,856,000 | 85,968,000 | 85,988,000 | 87,265,000 |
| Noninterest-bearing deposits | 6,010,000 | 5,969,000 | 6,601,000 | 6,988,000 |
| Equity capital | 12,021,000 | 12,019,000 | 12,050,000 | 12,058,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 981,000 | 1,964,000 | 2,909,000 | 3,864,000 |
| Interest expense | 298,000 | 598,000 | 875,000 | 1,132,000 |
| Net interest income | 683,000 | 1,366,000 | 2,034,000 | 2,732,000 |
| Noninterest income | 26,000 | 56,000 | 84,000 | 113,000 |
| Noninterest expense | 642,000 | 1,348,000 | 1,994,000 | 2,696,000 |
| Provision for loan losses | 0 | 15,000 | 30,000 | 45,000 |
| Pretax income | 67,000 | 59,000 | 94,000 | 104,000 |
| Income tax | 13,000 | 6,000 | 12,000 | 10,000 |
| Net income | 54,000 | 53,000 | 82,000 | 94,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,450,000 | 11,449,000 | 11,503,000 | 11,515,000 |
| Total capital | 11,962,000 | 11,971,000 | 12,036,000 | 12,058,000 |
| Risk-weighted assets | 71,306,000 | 72,183,000 | 70,845,000 | 72,281,000 |