Call reports 2024
GRAND SAVINGS BANK — 2024
What GRAND SAVINGS BANK 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 | 913,522,000 | 919,917,000 | 943,681,000 | 959,628,000 |
| Total loans | 729,144,000 | 714,266,000 | 719,340,000 | 733,570,000 |
| Allowance for loan losses | 6,822,000 | 7,146,000 | 7,362,000 | 7,519,000 |
| Securities available for sale | 56,747,000 | 61,259,000 | 81,057,000 | 78,071,000 |
| Securities held to maturity | 1,091,000 | 1,087,000 | 1,083,000 | 970,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 815,480,000 | 818,016,000 | 839,276,000 | 850,569,000 |
| Interest-bearing deposits | 650,161,000 | 641,993,000 | 651,161,000 | 671,049,000 |
| Noninterest-bearing deposits | 165,319,000 | 176,023,000 | 188,115,000 | 179,520,000 |
| Equity capital | 91,095,000 | 96,209,000 | 98,917,000 | 102,696,000 |
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 | 15,085,000 | 30,272,000 | 45,869,000 | 61,661,000 |
| Interest expense | 4,991,000 | 9,974,000 | 15,137,000 | 20,061,000 |
| Net interest income | 10,094,000 | 20,298,000 | 30,732,000 | 41,600,000 |
| Noninterest income | 1,328,000 | 3,468,000 | 4,867,000 | 6,232,000 |
| Noninterest expense | 5,459,000 | 10,956,000 | 16,654,000 | 22,395,000 |
| Provision for loan losses | 330,000 | 714,000 | 938,000 | 1,109,000 |
| Pretax income | 5,138,000 | 11,651,000 | 17,512,000 | 23,733,000 |
| Income tax | 1,251,000 | 2,762,000 | 4,169,000 | 5,592,000 |
| Net income | 3,887,000 | 8,889,000 | 13,343,000 | 18,141,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 93,505,000 | 98,506,000 | 99,960,000 | 104,758,000 |