Call reports 2017
GROVE BANK & TRUST — 2017
What GROVE BANK & TRUST reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 659,514,000 | 650,542,000 | 647,894,000 | 625,613,000 |
| Total loans | 231,306,000 | 230,117,000 | 237,359,000 | 243,561,000 |
| Allowance for loan losses | 7,543,000 | 7,610,000 | 7,615,000 | 7,619,000 |
| Securities available for sale | 286,842,000 | 259,856,000 | 241,892,000 | 240,690,000 |
| Securities held to maturity | 14,554,000 | 14,081,000 | 13,010,000 | 12,483,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 545,782,000 | 538,938,000 | 536,630,000 | 515,248,000 |
| Interest-bearing deposits | 379,976,000 | 372,357,000 | 372,587,000 | 358,521,000 |
| Noninterest-bearing deposits | 165,806,000 | 166,581,000 | 164,043,000 | 156,727,000 |
| Equity capital | 106,261,000 | 106,876,000 | 106,935,000 | 104,909,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,793,000 | 7,688,000 | 11,616,000 | 15,685,000 |
| Interest expense | 403,000 | 836,000 | 1,288,000 | 1,786,000 |
| Net interest income | 3,390,000 | 6,852,000 | 10,328,000 | 13,899,000 |
| Noninterest income | 5,239,000 | 6,488,000 | 8,003,000 | 9,502,000 |
| Noninterest expense | 4,236,000 | 9,024,000 | 13,737,000 | 18,509,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 4,393,000 | 4,330,000 | 4,608,000 | 4,906,000 |
| Income tax | 1,584,000 | 1,507,000 | 1,542,000 | 2,799,000 |
| Net income | 2,809,000 | 2,823,000 | 3,066,000 | 2,107,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 106,994,000 | 107,036,000 | 107,281,000 | 106,600,000 |
| Total capital | 111,008,000 | 111,117,000 | 111,500,000 | 110,815,000 |
| Risk-weighted assets | 317,522,000 | 322,889,000 | 334,037,000 | 333,625,000 |