Call reports 2024
GBANK — 2024
What GBANK 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 | 963,055,000 | 1,005,460,000 | 1,044,107,000 | 1,118,602,000 |
| Total loans | 778,490,000 | 813,346,000 | 849,316,000 | 848,607,000 |
| Allowance for loan losses | 7,088,000 | 7,342,000 | 7,934,000 | 9,114,000 |
| Securities available for sale | 2,588,000 | 2,330,000 | 39,381,000 | 65,609,000 |
| Securities held to maturity | 86,999,000 | 56,520,000 | 46,042,000 | 40,569,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 814,532,000 | 847,271,000 | 890,351,000 | 961,768,000 |
| Interest-bearing deposits | 590,615,000 | 619,932,000 | 570,968,000 | 696,283,000 |
| Noninterest-bearing deposits | 223,917,000 | 227,339,000 | 319,383,000 | 265,485,000 |
| Equity capital | 121,560,000 | 126,946,000 | 132,766,000 | 137,632,000 |
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 | 17,390,000 | 35,879,000 | 55,619,000 | 75,229,000 |
| Interest expense | 6,302,000 | 13,157,000 | 20,352,000 | 27,887,000 |
| Net interest income | 11,088,000 | 22,722,000 | 35,267,000 | 47,342,000 |
| Noninterest income | 2,432,000 | 6,624,000 | 10,510,000 | 16,138,000 |
| Noninterest expense | 7,910,000 | 16,507,000 | 24,918,000 | 33,017,000 |
| Provision for loan losses | 0 | 283,000 | 853,000 | 2,190,000 |
| Pretax income | 5,590,000 | 12,524,000 | 19,966,000 | 28,220,000 |
| Income tax | 1,291,000 | 2,897,000 | 4,621,000 | 6,798,000 |
| Net income | 4,299,000 | 9,627,000 | 15,345,000 | 21,422,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 121,818,000 | 127,145,000 | 132,863,000 | 138,941,000 |