Call reports 2024
GS&L MUNICIPAL BANK — 2024
What GS&L MUNICIPAL 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 | 39,185,000 | 31,110,000 | 35,817,000 | 35,123,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 27,607,000 | 24,793,000 | 24,290,000 | 23,487,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,620,000 | 17,427,000 | 21,414,000 | 21,047,000 |
| Interest-bearing deposits | 18,218,000 | 15,310,000 | 20,264,000 | 20,576,000 |
| Noninterest-bearing deposits | 7,402,000 | 2,117,000 | 1,150,000 | 471,000 |
| Equity capital | 13,274,000 | 13,348,000 | 14,006,000 | 13,686,000 |
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 | 345,000 | 612,000 | 871,000 | 1,116,000 |
| Interest expense | 33,000 | 67,000 | 104,000 | 140,000 |
| Net interest income | 312,000 | 545,000 | 767,000 | 976,000 |
| Noninterest income | 0 | 0 | 0 | 0 |
| Noninterest expense | 30,000 | 61,000 | 79,000 | 101,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 282,000 | 497,000 | 701,000 | 888,000 |
| Income tax | 48,000 | 83,000 | 118,000 | 150,000 |
| Net income | 234,000 | 414,000 | 583,000 | 738,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,494,000 | 13,674,000 | 13,842,000 | 13,997,000 |
| Total capital | 13,494,000 | 13,674,000 | 13,842,000 | 13,997,000 |
| Risk-weighted assets | 11,203,000 | 8,963,000 | 14,200,000 | 14,154,000 |