Call reports 2023
GS&L MUNICIPAL BANK — 2023
What GS&L MUNICIPAL 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 | 34,462,000 | 34,409,000 | 34,226,000 | 33,896,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 29,063,000 | 27,237,000 | 27,525,000 | 28,574,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,644,000 | 19,031,000 | 19,173,000 | 20,419,000 |
| Interest-bearing deposits | 18,222,000 | 17,174,000 | 17,407,000 | 17,839,000 |
| Noninterest-bearing deposits | 2,422,000 | 1,857,000 | 1,766,000 | 2,580,000 |
| Equity capital | 12,654,000 | 12,568,000 | 12,335,000 | 13,229,000 |
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 | 309,000 | 605,000 | 904,000 | 1,204,000 |
| Interest expense | 6,000 | 11,000 | 19,000 | 39,000 |
| Net interest income | 303,000 | 594,000 | 885,000 | 1,165,000 |
| Noninterest income | 0 | 28,000 | 13,000 | 13,000 |
| Noninterest expense | 41,000 | 78,000 | 112,000 | 144,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 262,000 | 544,000 | 786,000 | 1,034,000 |
| Income tax | 44,000 | 93,000 | 134,000 | 176,000 |
| Net income | 218,000 | 451,000 | 652,000 | 858,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,620,000 | 12,853,000 | 13,053,000 | 13,260,000 |
| Total capital | 12,620,000 | 12,853,000 | 13,053,000 | 13,260,000 |
| Risk-weighted assets | 9,309,000 | 5,105,000 | 5,310,000 | 7,175,000 |