Call reports 2024
GILMER NATIONAL BANK — 2024
What GILMER NATIONAL 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 | 322,764,000 | 336,056,000 | 350,573,000 | 350,116,000 |
| Total loans | 218,557,000 | 233,442,000 | 240,535,000 | 247,856,000 |
| Allowance for loan losses | 3,040,000 | 3,062,000 | 3,062,000 | 3,057,000 |
| Securities available for sale | 77,309,000 | 74,109,000 | 64,827,000 | 56,120,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 285,225,000 | 303,238,000 | 318,463,000 | 320,573,000 |
| Interest-bearing deposits | 252,452,000 | 270,485,000 | 279,939,000 | 281,556,000 |
| Noninterest-bearing deposits | 32,773,000 | 32,753,000 | 38,524,000 | 39,017,000 |
| Equity capital | 28,249,000 | 28,310,000 | 30,352,000 | 28,736,000 |
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 | 4,644,000 | 9,485,000 | 14,769,000 | 20,155,000 |
| Interest expense | 2,517,000 | 5,164,000 | 7,954,000 | 10,683,000 |
| Net interest income | 2,127,000 | 4,321,000 | 6,815,000 | 9,472,000 |
| Noninterest income | 183,000 | 351,000 | 609,000 | 818,000 |
| Noninterest expense | 1,720,000 | 3,592,000 | 5,521,000 | 7,332,000 |
| Provision for loan losses | 20,000 | 80,000 | 160,000 | 300,000 |
| Pretax income | 570,000 | 1,000,000 | 1,743,000 | 2,658,000 |
| Income tax | 110,000 | 209,000 | 366,000 | 534,000 |
| Net income | 460,000 | 791,000 | 1,377,000 | 2,124,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,672,000 | 33,524,000 | 34,109,000 | 33,895,000 |
| Total capital | 36,366,000 | 36,270,000 | 36,874,000 | 36,748,000 |
| Risk-weighted assets | 215,170,000 | 219,420,000 | 220,903,000 | 227,976,000 |