Call reports 2023
GAINEY BUSINESS BANK — 2023
What GAINEY BUSINESS 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 | 28,303,000 | 27,074,000 | 30,530,000 | 39,785,000 |
| Total loans | 7,016,000 | 12,884,000 | 22,863,000 | 24,424,000 |
| Allowance for loan losses | 140,000 | 355,000 | 645,000 | 825,000 |
| Securities available for sale | 5,900,000 | 4,910,000 | 3,943,000 | 2,471,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,092,000 | 12,437,000 | 16,777,000 | 26,706,000 |
| Interest-bearing deposits | 13,087,000 | 12,431,000 | 16,771,000 | 26,441,000 |
| Noninterest-bearing deposits | 5,000 | 6,000 | 6,000 | 265,000 |
| Equity capital | 13,870,000 | 13,094,000 | 12,202,000 | 11,536,000 |
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 | 321,000 | 663,000 | 1,094,000 | 1,759,000 |
| Interest expense | 62,000 | 154,000 | 241,000 | 446,000 |
| Net interest income | 259,000 | 509,000 | 853,000 | 1,313,000 |
| Noninterest income | 0 | 0 | 1,000 | 4,000 |
| Noninterest expense | 813,000 | 1,658,000 | 2,627,000 | 3,707,000 |
| Provision for loan losses | 70,000 | 285,000 | 575,000 | 755,000 |
| Pretax income | -624,000 | -1,434,000 | -2,348,000 | -3,145,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -624,000 | -1,434,000 | -2,348,000 | -3,145,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,937,000 | 13,163,000 | 12,248,000 | 11,560,000 |