Call reports 2020
GUNNISON SAVINGS AND LOAN ASSOCIATION — 2020
What GUNNISON 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 | 99,197,000 | 101,114,000 | 102,494,000 | 105,287,000 |
| Total loans | 58,108,000 | 55,863,000 | 54,149,000 | 50,459,000 |
| Allowance for loan losses | 504,000 | 504,000 | 504,000 | 504,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 29,000 | 27,000 | 26,000 | 24,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,080,000 | 86,187,000 | 87,783,000 | 90,621,000 |
| Interest-bearing deposits | 79,737,000 | 80,399,000 | 80,568,000 | 83,531,000 |
| Noninterest-bearing deposits | 4,343,000 | 5,788,000 | 7,215,000 | 7,090,000 |
| Equity capital | 12,662,000 | 12,760,000 | 12,824,000 | 12,813,000 |
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 | 928,000 | 1,820,000 | 2,620,000 | 3,368,000 |
| Interest expense | 192,000 | 376,000 | 549,000 | 709,000 |
| Net interest income | 736,000 | 1,444,000 | 2,071,000 | 2,659,000 |
| Noninterest income | 34,000 | 99,000 | 131,000 | 171,000 |
| Noninterest expense | 613,000 | 1,259,000 | 1,846,000 | 2,478,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 157,000 | 284,000 | 356,000 | 352,000 |
| Income tax | 38,000 | 67,000 | 75,000 | 82,000 |
| Net income | 119,000 | 217,000 | 281,000 | 270,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,662,000 | 12,760,000 | 12,824,000 | 12,813,000 |