Call reports 2024
GUARANTY BANK INC. — 2024
What GUARANTY BANK INC. 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 | 139,018,000 | 141,010,000 | 141,982,000 | 141,796,000 |
| Total loans | 116,482,000 | 120,369,000 | 120,171,000 | 117,958,000 |
| Allowance for loan losses | 1,776,000 | 1,836,000 | 1,908,000 | 1,898,000 |
| Securities available for sale | 9,348,000 | 8,598,000 | 8,629,000 | 8,593,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,965,000 | 117,339,000 | 118,363,000 | 118,593,000 |
| Interest-bearing deposits | 93,153,000 | 93,051,000 | 94,968,000 | 95,711,000 |
| Noninterest-bearing deposits | 23,812,000 | 24,288,000 | 23,395,000 | 22,882,000 |
| Equity capital | 18,062,000 | 18,253,000 | 18,754,000 | 18,651,000 |
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 | 2,004,000 | 4,122,000 | 6,341,000 | 8,542,000 |
| Interest expense | 591,000 | 1,213,000 | 1,877,000 | 2,574,000 |
| Net interest income | 1,413,000 | 2,909,000 | 4,464,000 | 5,968,000 |
| Noninterest income | 158,000 | 315,000 | 573,000 | 1,015,000 |
| Noninterest expense | 1,183,000 | 2,386,000 | 3,505,000 | 4,792,000 |
| Provision for loan losses | 60,000 | 110,000 | 170,000 | 220,000 |
| Pretax income | 328,000 | 728,000 | 1,362,000 | 1,971,000 |
| Income tax | 38,000 | 129,000 | 254,000 | 438,000 |
| Net income | 290,000 | 599,000 | 1,108,000 | 1,533,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,224,000 | 18,390,000 | 18,756,000 | 18,894,000 |
| Total capital | 19,482,000 | 19,709,000 | 20,070,000 | 20,211,000 |
| Risk-weighted assets | 100,123,000 | 104,998,000 | 104,507,000 | 104,853,000 |