Call reports 2023
GSL SAVINGS BANK — 2023
What GSL SAVINGS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 140,051,000 | 137,262,000 | 137,602,000 | 151,656,000 |
| Total loans | 92,698,000 | 97,651,000 | 100,090,000 | 103,385,000 |
| Allowance for loan losses | 776,000 | 791,000 | 768,000 | 746,000 |
| Securities available for sale | 18,122,000 | 18,988,000 | 18,912,000 | 20,994,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,424,000 | 114,537,000 | 114,993,000 | 128,999,000 |
| Interest-bearing deposits | 108,517,000 | 68,351,000 | 67,483,000 | 96,850,000 |
| Noninterest-bearing deposits | 8,907,000 | 46,186,000 | 47,510,000 | 32,149,000 |
| Equity capital | 11,727,000 | 11,855,000 | 11,904,000 | 12,149,000 |
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 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,264,000 | 2,661,000 | 4,076,000 | 5,764,000 |
| Interest expense | 327,000 | 734,000 | 1,217,000 | 2,170,000 |
| Net interest income | 937,000 | 1,927,000 | 2,859,000 | 3,594,000 |
| Noninterest income | 30,000 | 64,000 | 96,000 | 132,000 |
| Noninterest expense | 851,000 | 1,642,000 | 2,520,000 | 3,256,000 |
| Provision for loan losses | 0 | 15,000 | 30,000 | -20,000 |
| Pretax income | 116,000 | 334,000 | 405,000 | 490,000 |
| Income tax | 25,000 | 85,000 | 106,000 | 125,000 |
| Net income | 91,000 | 249,000 | 299,000 | 365,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,101,000 | 12,262,000 | 12,541,000 | 12,595,000 |
| Total capital | 12,644,000 | 12,816,000 | 13,347,000 | 13,351,000 |
| Risk-weighted assets | 77,453,000 | 82,171,000 | 82,983,000 | 86,167,000 |