Call reports 2024
GAINEY BUSINESS BANK — 2024
What GAINEY BUSINESS BANK 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 | 46,803,000 | 40,908,000 | 42,801,000 | 52,055,000 |
| Total loans | 27,955,000 | 34,252,000 | 35,008,000 | 45,069,000 |
| Allowance for loan losses | 641,000 | 572,000 | 593,000 | 834,000 |
| Securities available for sale | 1,486,000 | 996,000 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,667,000 | 29,029,000 | 31,399,000 | 37,361,000 |
| Interest-bearing deposits | 34,658,000 | 28,987,000 | 30,992,000 | 36,707,000 |
| Noninterest-bearing deposits | 9,000 | 42,000 | 407,000 | 654,000 |
| Equity capital | 10,990,000 | 10,390,000 | 9,857,000 | 9,098,000 |
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 | 677,000 | 1,379,000 | 2,131,000 | 2,946,000 |
| Interest expense | 278,000 | 547,000 | 825,000 | 1,100,000 |
| Net interest income | 399,000 | 832,000 | 1,306,000 | 1,846,000 |
| Noninterest income | 134,000 | 85,000 | 91,000 | 99,000 |
| Noninterest expense | 1,008,000 | 2,069,000 | 3,055,000 | 4,323,000 |
| Provision for loan losses | 93,000 | 24,000 | 45,000 | 286,000 |
| Pretax income | -568,000 | -1,176,000 | -1,713,000 | -2,686,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -568,000 | -1,176,000 | -1,713,000 | -2,686,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,001,000 | 10,393,000 | 9,856,000 | 9,098,000 |