Call reports 2013
GRATIOT STATE BANK — 2013
What GRATIOT STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 47,478,000 | 47,447,000 | 46,767,000 | 44,801,000 |
| Total loans | 13,645,000 | 12,197,000 | 11,905,000 | 11,656,000 |
| Allowance for loan losses | 130,000 | 130,000 | 129,000 | 133,000 |
| Securities available for sale | 32,370,000 | 33,174,000 | 32,792,000 | 26,918,000 |
| Securities held to maturity | 100,000 | 100,000 | 100,000 | 100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,370,000 | 43,121,000 | 42,264,000 | 41,407,000 |
| Interest-bearing deposits | 38,585,000 | 40,676,000 | 39,783,000 | 38,683,000 |
| Noninterest-bearing deposits | 2,785,000 | 2,445,000 | 2,480,000 | 2,724,000 |
| Equity capital | 5,057,000 | 4,099,000 | 4,031,000 | 3,316,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 376,000 | 749,000 | 1,199,000 | 1,535,000 |
| Interest expense | 112,000 | 226,000 | 336,000 | 468,000 |
| Net interest income | 264,000 | 523,000 | 863,000 | 1,067,000 |
| Noninterest income | 11,000 | 26,000 | 41,000 | 63,000 |
| Noninterest expense | 170,000 | 352,000 | 539,000 | 756,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 106,000 | 198,000 | 365,000 | -612,000 |
| Income tax | 9,000 | 16,000 | 38,000 | 0 |
| Net income | 97,000 | 182,000 | 327,000 | -612,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,584,000 | 4,650,000 | 4,765,000 | 3,826,000 |
| Total capital | 4,714,000 | 4,780,000 | 4,896,000 | 3,959,000 |
| Risk-weighted assets | 20,774,000 | 20,129,000 | 19,988,000 | 22,795,000 |