Call reports 2016
GROVE BANK & TRUST — 2016
What GROVE BANK & TRUST reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 695,285,000 | 677,455,000 | 661,527,000 | 656,566,000 |
| Total loans | 220,310,000 | 225,390,000 | 229,438,000 | 227,561,000 |
| Allowance for loan losses | 7,360,000 | 7,481,000 | 7,528,000 | 7,554,000 |
| Securities available for sale | 246,515,000 | 269,439,000 | 267,240,000 | 285,325,000 |
| Securities held to maturity | 16,848,000 | 16,204,000 | 15,626,000 | 15,119,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 577,260,000 | 563,243,000 | 546,253,000 | 544,599,000 |
| Interest-bearing deposits | 379,477,000 | 376,104,000 | 382,104,000 | 380,146,000 |
| Noninterest-bearing deposits | 197,783,000 | 187,139,000 | 164,149,000 | 164,453,000 |
| Equity capital | 101,446,000 | 103,656,000 | 104,702,000 | 103,015,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 3,730,000 | 7,381,000 | 11,155,000 | 14,847,000 |
| Interest expense | 386,000 | 783,000 | 1,182,000 | 1,585,000 |
| Net interest income | 3,344,000 | 6,598,000 | 9,973,000 | 13,262,000 |
| Noninterest income | 2,612,000 | 5,483,000 | 8,563,000 | 10,955,000 |
| Noninterest expense | 4,032,000 | 7,990,000 | 12,192,000 | 16,959,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,914,000 | 4,081,000 | 6,334,000 | 7,243,000 |
| Income tax | 643,000 | 1,388,000 | 2,166,000 | 2,436,000 |
| Net income | 1,271,000 | 2,693,000 | 4,168,000 | 4,807,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 100,699,000 | 102,122,000 | 103,595,000 | 104,198,000 |
| Total capital | 104,504,000 | 106,119,000 | 107,597,000 | 108,122,000 |
| Risk-weighted assets | 300,744,000 | 316,193,000 | 316,616,000 | 310,191,000 |