Call reports 2011
GRATIOT STATE BANK — 2011
What GRATIOT STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 40,752,000 | 42,415,000 | 41,863,000 | 41,761,000 |
| Total loans | 11,981,000 | 12,338,000 | 11,789,000 | 11,070,000 |
| Allowance for loan losses | 130,000 | 143,000 | 109,000 | 114,000 |
| Securities available for sale | 25,856,000 | 27,239,000 | 27,940,000 | 28,726,000 |
| Securities held to maturity | 100,000 | 100,000 | 100,000 | 100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,254,000 | 37,240,000 | 35,655,000 | 36,117,000 |
| Interest-bearing deposits | 34,000,000 | 34,959,000 | 33,325,000 | 33,815,000 |
| Noninterest-bearing deposits | 2,254,000 | 2,281,000 | 2,330,000 | 2,302,000 |
| Equity capital | 4,388,000 | 4,879,000 | 5,215,000 | 5,047,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 401,000 | 818,000 | 1,253,000 | 1,652,000 |
| Interest expense | 160,000 | 321,000 | 472,000 | 616,000 |
| Net interest income | 241,000 | 497,000 | 781,000 | 1,036,000 |
| Noninterest income | 16,000 | 33,000 | 50,000 | 64,000 |
| Noninterest expense | 178,000 | 353,000 | 516,000 | 673,000 |
| Provision for loan losses | 0 | 0 | 6,000 | 10,000 |
| Pretax income | 81,000 | 181,000 | 313,000 | 420,000 |
| Income tax | 7,000 | 16,000 | 25,000 | 18,000 |
| Net income | 74,000 | 165,000 | 288,000 | 402,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,531,000 | 4,622,000 | 4,745,000 | 4,485,000 |
| Total capital | 4,661,000 | 4,765,000 | 4,854,000 | 4,599,000 |
| Risk-weighted assets | 18,784,000 | 18,887,000 | 18,050,000 | 17,499,000 |