Call reports 2020
GRAND SAVINGS BANK — 2020
What GRAND SAVINGS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 541,497,000 | 600,468,000 | 601,351,000 | 663,327,000 |
| Total loans | 426,396,000 | 475,614,000 | 486,406,000 | 486,080,000 |
| Allowance for loan losses | 3,235,000 | 3,285,000 | 3,571,000 | 4,027,000 |
| Securities available for sale | 38,487,000 | 30,676,000 | 28,597,000 | 35,629,000 |
| Securities held to maturity | 1,041,000 | 391,000 | 391,000 | 1,163,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 483,552,000 | 538,499,000 | 542,725,000 | 602,231,000 |
| Interest-bearing deposits | 462,066,000 | 509,973,000 | 423,647,000 | 466,250,000 |
| Noninterest-bearing deposits | 21,486,000 | 28,526,000 | 119,078,000 | 135,981,000 |
| Equity capital | 50,316,000 | 52,777,000 | 51,908,000 | 53,147,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 7,060,000 | 14,520,000 | 21,835,000 | 28,882,000 |
| Interest expense | 1,484,000 | 2,774,000 | 3,892,000 | 4,895,000 |
| Net interest income | 5,576,000 | 11,746,000 | 17,943,000 | 23,987,000 |
| Noninterest income | 1,112,000 | 2,102,000 | 3,329,000 | 5,090,000 |
| Noninterest expense | 4,140,000 | 8,325,000 | 12,530,000 | 16,659,000 |
| Provision for loan losses | 132,000 | 244,000 | 652,000 | 1,108,000 |
| Pretax income | 2,416,000 | 5,279,000 | 8,090,000 | 11,310,000 |
| Income tax | 942,000 | 1,652,000 | 2,371,000 | 3,211,000 |
| Net income | 1,474,000 | 3,627,000 | 5,719,000 | 8,099,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,052,000 | 52,786,000 | 51,312,000 | 52,590,000 |