Call reports 2024
GBC INTERNATIONAL BANK — 2024
What GBC INTERNATIONAL 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 | 642,026,000 | 629,034,000 | 661,901,000 | 670,708,000 |
| Total loans | 460,411,000 | 472,031,000 | 448,312,000 | 460,588,000 |
| Allowance for loan losses | 5,831,000 | 5,831,000 | 5,528,000 | 5,418,000 |
| Securities available for sale | 63,751,000 | 78,096,000 | 72,293,000 | 72,247,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 464,750,000 | 482,838,000 | 514,075,000 | 534,614,000 |
| Interest-bearing deposits | 394,781,000 | 414,775,000 | 446,223,000 | 466,574,000 |
| Noninterest-bearing deposits | 69,969,000 | 68,063,000 | 67,852,000 | 68,040,000 |
| Equity capital | 93,003,000 | 94,377,000 | 95,973,000 | 96,751,000 |
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 | 9,036,000 | 18,147,000 | 27,324,000 | 37,038,000 |
| Interest expense | 4,453,000 | 8,874,000 | 13,693,000 | 18,552,000 |
| Net interest income | 4,583,000 | 9,273,000 | 13,631,000 | 18,486,000 |
| Noninterest income | 392,000 | 1,242,000 | 1,843,000 | 2,230,000 |
| Noninterest expense | 3,969,000 | 7,915,000 | 11,872,000 | 15,378,000 |
| Provision for loan losses | -335,000 | -335,000 | -335,000 | -285,000 |
| Pretax income | 1,341,000 | 2,935,000 | 3,951,000 | 5,687,000 |
| Income tax | 357,000 | 785,000 | 1,048,000 | 1,519,000 |
| Net income | 984,000 | 2,150,000 | 2,903,000 | 4,168,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 94,250,000 | 95,409,000 | 96,160,000 | 97,448,000 |