Call reports 2023
GIBSLAND BANK & TRUST COMPANY — 2023
What GIBSLAND BANK & TRUST COMPANY 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 | 479,672,000 | 464,828,000 | 478,045,000 | 521,697,000 |
| Total loans | 299,571,000 | 295,140,000 | 310,452,000 | 317,672,000 |
| Allowance for loan losses | 5,216,000 | 3,754,000 | 3,803,000 | 5,482,000 |
| Securities available for sale | 96,789,000 | 89,018,000 | 96,633,000 | 139,239,000 |
| Securities held to maturity | 2,090,000 | 2,092,000 | 2,057,000 | 2,059,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 425,550,000 | 410,646,000 | 420,931,000 | 460,008,000 |
| Interest-bearing deposits | 307,294,000 | 298,180,000 | 308,057,000 | 343,515,000 |
| Noninterest-bearing deposits | 118,256,000 | 112,466,000 | 112,874,000 | 116,493,000 |
| Equity capital | 52,722,000 | 52,703,000 | 53,681,000 | 58,755,000 |
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 | 5,463,000 | 11,229,000 | 17,353,000 | 23,730,000 |
| Interest expense | 910,000 | 2,067,000 | 3,510,000 | 5,256,000 |
| Net interest income | 4,553,000 | 9,162,000 | 13,843,000 | 18,474,000 |
| Noninterest income | 685,000 | 1,375,000 | 7,480,000 | 8,229,000 |
| Noninterest expense | 3,608,000 | 7,081,000 | 13,786,000 | 16,899,000 |
| Provision for loan losses | 0 | 400,000 | 1,350,000 | 1,350,000 |
| Pretax income | 1,630,000 | 3,056,000 | 5,685,000 | 8,030,000 |
| Income tax | 0 | 385,000 | 865,000 | 1,271,000 |
| Net income | 1,630,000 | 2,671,000 | 4,820,000 | 6,759,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,785,000 | 58,826,000 | 60,976,000 | 62,914,000 |