Call reports 2023
GROVE BANK & TRUST — 2023
What GROVE BANK & TRUST 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 | 1,115,772,000 | 1,082,886,000 | 1,034,565,000 | 1,052,155,000 |
| Total loans | 424,267,000 | 425,550,000 | 428,850,000 | 506,334,000 |
| Allowance for loan losses | 9,321,000 | 9,322,000 | 9,257,000 | 10,759,000 |
| Securities available for sale | 194,060,000 | 162,263,000 | 150,090,000 | 143,086,000 |
| Securities held to maturity | 291,129,000 | 288,773,000 | 286,360,000 | 284,480,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 923,871,000 | 887,245,000 | 841,696,000 | 796,995,000 |
| Interest-bearing deposits | 598,509,000 | 586,556,000 | 570,078,000 | 559,393,000 |
| Noninterest-bearing deposits | 325,362,000 | 300,689,000 | 271,618,000 | 237,602,000 |
| Equity capital | 124,083,000 | 122,878,000 | 121,694,000 | 121,677,000 |
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 | 9,430,000 | 19,245,000 | 28,922,000 | 38,643,000 |
| Interest expense | 3,218,000 | 7,521,000 | 12,281,000 | 17,296,000 |
| Net interest income | 6,212,000 | 11,724,000 | 16,641,000 | 21,347,000 |
| Noninterest income | 2,342,000 | 4,485,000 | 6,807,000 | 9,042,000 |
| Noninterest expense | 7,255,000 | 14,205,000 | 21,434,000 | 29,699,000 |
| Provision for loan losses | 0 | 0 | 0 | 1,516,000 |
| Pretax income | 1,312,000 | -303,000 | -388,000 | -3,113,000 |
| Income tax | 210,000 | -321,000 | -419,000 | -1,116,000 |
| Net income | 1,102,000 | 18,000 | 31,000 | -1,997,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 128,759,000 | 127,807,000 | 127,813,000 | 125,156,000 |
| Total capital | 135,642,000 | 134,674,000 | 134,773,000 | 132,956,000 |
| Risk-weighted assets | 547,908,000 | 546,591,000 | 554,170,000 | 620,424,000 |
Machine access — free, no API key
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