Call reports 2021
GRAND SAVINGS BANK — 2021
What GRAND SAVINGS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 692,728,000 | 723,758,000 | 733,434,000 | 770,486,000 |
| Total loans | 494,803,000 | 518,206,000 | 538,534,000 | 564,024,000 |
| Allowance for loan losses | 4,399,000 | 4,826,000 | 5,018,000 | 5,274,000 |
| Securities available for sale | 43,643,000 | 43,379,000 | 45,084,000 | 44,951,000 |
| Securities held to maturity | 1,377,000 | 1,556,000 | 2,109,000 | 2,105,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 628,739,000 | 656,882,000 | 659,773,000 | 695,961,000 |
| Interest-bearing deposits | 472,698,000 | 483,420,000 | 489,788,000 | 526,865,000 |
| Noninterest-bearing deposits | 156,041,000 | 173,462,000 | 169,985,000 | 169,096,000 |
| Equity capital | 57,280,000 | 59,982,000 | 68,090,000 | 70,571,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 7,268,000 | 14,657,000 | 22,810,000 | 30,998,000 |
| Interest expense | 817,000 | 1,493,000 | 2,066,000 | 2,558,000 |
| Net interest income | 6,451,000 | 13,164,000 | 20,744,000 | 28,440,000 |
| Noninterest income | 1,181,000 | 2,582,000 | 4,040,000 | 5,484,000 |
| Noninterest expense | 4,357,000 | 8,793,000 | 13,469,000 | 18,311,000 |
| Provision for loan losses | 323,000 | 673,000 | 768,000 | 905,000 |
| Pretax income | 2,952,000 | 6,281,000 | 10,636,000 | 14,797,000 |
| Income tax | 723,000 | 1,573,000 | 2,710,000 | 3,784,000 |
| Net income | 2,229,000 | 4,708,000 | 7,926,000 | 11,013,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,253,000 | 59,867,000 | 67,968,000 | 71,034,000 |