Call reports 2020
GOUVERNEUR SAVINGS AND LOAN ASSOCIATION — 2020
What GOUVERNEUR SAVINGS AND LOAN ASSOCIATION 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 | 124,703,000 | 140,587,000 | 129,261,000 | 127,275,000 |
| Total loans | 90,246,000 | 88,049,000 | 87,507,000 | 87,340,000 |
| Allowance for loan losses | 620,000 | 631,000 | 631,000 | 607,000 |
| Securities available for sale | 14,690,000 | 18,676,000 | 20,455,000 | 20,841,000 |
| Securities held to maturity | 3,000 | 3,000 | 3,000 | 2,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,168,000 | 97,715,000 | 91,818,000 | 89,624,000 |
| Interest-bearing deposits | 71,580,000 | 85,116,000 | 78,172,000 | 78,792,000 |
| Noninterest-bearing deposits | 9,588,000 | 12,599,000 | 13,646,000 | 10,832,000 |
| Equity capital | 26,847,000 | 26,837,000 | 26,592,000 | 26,972,000 |
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 | 1,315,000 | 2,626,000 | 3,890,000 | 5,137,000 |
| Interest expense | 152,000 | 320,000 | 501,000 | 671,000 |
| Net interest income | 1,163,000 | 2,306,000 | 3,389,000 | 4,466,000 |
| Noninterest income | -1,175,000 | -1,110,000 | -801,000 | -349,000 |
| Noninterest expense | 1,252,000 | 2,408,000 | 3,616,000 | 4,858,000 |
| Provision for loan losses | 35,000 | 58,000 | 58,000 | 58,000 |
| Pretax income | -1,299,000 | -1,270,000 | -1,057,000 | -770,000 |
| Income tax | -302,000 | -322,000 | -326,000 | -291,000 |
| Net income | -997,000 | -948,000 | -731,000 | -479,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,910,000 | 25,811,000 | 25,838,000 | 26,137,000 |
| Total capital | 26,530,000 | 26,442,000 | 26,469,000 | 26,744,000 |
| Risk-weighted assets | 77,742,000 | 79,161,000 | 78,521,000 | 78,585,000 |