Call reports 2022
GROVE BANK & TRUST — 2022
What GROVE BANK & TRUST reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,219,973,000 | 1,204,210,000 | 1,176,391,000 | 1,174,347,000 |
| Total loans | 401,521,000 | 423,903,000 | 419,088,000 | 427,084,000 |
| Allowance for loan losses | 8,726,000 | 8,728,000 | 8,729,000 | 9,332,000 |
| Securities available for sale | 64,985,000 | 123,194,000 | 187,533,000 | 227,031,000 |
| Securities held to maturity | 314,083,000 | 309,283,000 | 304,975,000 | 297,951,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,053,092,000 | 1,066,318,000 | 1,045,419,000 | 989,936,000 |
| Interest-bearing deposits | 667,641,000 | 645,976,000 | 628,381,000 | 615,916,000 |
| Noninterest-bearing deposits | 385,451,000 | 420,342,000 | 417,038,000 | 374,020,000 |
| Equity capital | 120,388,000 | 121,395,000 | 120,078,000 | 121,412,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 5,279,000 | 11,744,000 | 20,078,000 | 29,602,000 |
| Interest expense | 401,000 | 850,000 | 1,697,000 | 3,697,000 |
| Net interest income | 4,878,000 | 10,894,000 | 18,381,000 | 25,905,000 |
| Noninterest income | 2,358,000 | 5,251,000 | 7,411,000 | 9,517,000 |
| Noninterest expense | 6,610,000 | 13,236,000 | 20,128,000 | 27,408,000 |
| Provision for loan losses | 0 | 0 | 0 | 600,000 |
| Pretax income | 453,000 | 2,573,000 | 5,197,000 | 6,932,000 |
| Income tax | 17,000 | 292,000 | 824,000 | 1,136,000 |
| Net income | 436,000 | 2,281,000 | 4,373,000 | 5,796,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 122,356,000 | 124,323,000 | 126,574,000 | 127,503,000 |
| Total capital | 128,968,000 | 131,347,000 | 133,591,000 | 134,529,000 |
| Risk-weighted assets | 526,677,000 | 559,974,000 | 559,458,000 | 559,523,000 |