Call reports 2024
GRANGER NATIONAL BANK, THE — 2024
What GRANGER NATIONAL BANK, THE 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 | 48,355,000 | 43,933,000 | 47,246,000 | 46,882,000 |
| Total loans | 5,811,000 | 8,239,000 | 15,524,000 | 19,029,000 |
| Allowance for loan losses | 126,000 | 126,000 | 214,000 | 262,000 |
| Securities available for sale | 20,416,000 | 20,480,000 | 19,709,000 | 18,985,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,547,000 | 37,686,000 | 40,670,000 | 41,182,000 |
| Interest-bearing deposits | 24,541,000 | 27,072,000 | 28,826,000 | 29,546,000 |
| Noninterest-bearing deposits | 20,006,000 | 10,614,000 | 11,844,000 | 11,636,000 |
| Equity capital | 3,751,000 | 6,168,000 | 6,496,000 | 5,593,000 |
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 | 406,000 | 861,000 | 1,399,000 | 1,980,000 |
| Interest expense | 145,000 | 306,000 | 490,000 | 680,000 |
| Net interest income | 261,000 | 555,000 | 909,000 | 1,300,000 |
| Noninterest income | 32,000 | 75,000 | 113,000 | 152,000 |
| Noninterest expense | 217,000 | 736,000 | 1,422,000 | 2,262,000 |
| Provision for loan losses | 0 | 0 | 88,000 | 136,000 |
| Pretax income | 76,000 | -106,000 | -488,000 | -954,000 |
| Income tax | 0 | -25,000 | -120,000 | -224,000 |
| Net income | 76,000 | -81,000 | -368,000 | -730,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,371,000 | 8,698,000 | 8,411,000 | 8,049,000 |