Call reports 2024
GROVE BANK & TRUST — 2024
What GROVE BANK & TRUST reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,137,842,000 | 1,209,777,000 | 1,227,526,000 | 1,232,853,000 |
| Total loans | 543,013,000 | 604,805,000 | 620,559,000 | 695,750,000 |
| Allowance for loan losses | 10,758,000 | 10,760,000 | 10,757,000 | 10,635,000 |
| Securities available for sale | 111,705,000 | 110,653,000 | 111,915,000 | 89,141,000 |
| Securities held to maturity | 282,633,000 | 251,316,000 | 249,198,000 | 246,314,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 871,115,000 | 935,686,000 | 952,130,000 | 952,630,000 |
| Interest-bearing deposits | 585,333,000 | 691,707,000 | 695,345,000 | 714,390,000 |
| Noninterest-bearing deposits | 285,782,000 | 243,979,000 | 256,785,000 | 238,240,000 |
| Equity capital | 120,839,000 | 121,558,000 | 124,278,000 | 124,568,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 10,604,000 | 23,507,000 | 37,384,000 | 51,434,000 |
| Interest expense | 5,841,000 | 12,795,000 | 20,454,000 | 27,584,000 |
| Net interest income | 4,763,000 | 10,712,000 | 16,930,000 | 23,850,000 |
| Noninterest income | 2,398,000 | 4,859,000 | 7,408,000 | 10,011,000 |
| Noninterest expense | 7,899,000 | 15,881,000 | 23,814,000 | 31,737,000 |
| Provision for loan losses | 0 | 0 | 0 | -123,000 |
| Pretax income | -767,000 | -185,000 | 772,000 | 2,431,000 |
| Income tax | -281,000 | -221,000 | -62,000 | 264,000 |
| Net income | -486,000 | 36,000 | 834,000 | 2,167,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 124,747,000 | 125,373,000 | 126,219,000 | 127,628,000 |
| Total capital | 133,068,000 | 134,528,000 | 135,588,000 | 138,139,000 |
| Risk-weighted assets | 662,519,000 | 730,244,000 | 748,971,000 | 840,252,000 |
Machine access — free, no API key
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