Call reports 2008
GRANDPOINT BANK — 2008
What GRANDPOINT BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 13,096,000 | 15,232,000 | 14,839,000 | 17,142,000 |
| Total loans | 444,000 | 3,934,000 | 5,106,000 | 7,684,000 |
| Allowance for loan losses | 15,000 | 40,000 | 84,000 | 120,000 |
| Securities available for sale | 8,009,000 | 9,093,000 | 7,846,000 | 7,824,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,859,000 | 5,062,000 | 5,734,000 | 8,008,000 |
| Interest-bearing deposits | 2,207,000 | 3,471,000 | 4,750,000 | 7,182,000 |
| Noninterest-bearing deposits | 652,000 | 1,591,000 | 984,000 | 826,000 |
| Equity capital | 10,154,000 | 9,460,000 | 9,002,000 | 8,760,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 109,000 | 255,000 | 426,000 | 633,000 |
| Interest expense | 11,000 | 33,000 | 64,000 | 108,000 |
| Net interest income | 98,000 | 222,000 | 362,000 | 525,000 |
| Noninterest income | 2,000 | 5,000 | 7,000 | 11,000 |
| Noninterest expense | 655,000 | 1,237,000 | 1,920,000 | 2,628,000 |
| Provision for loan losses | 7,000 | 32,000 | 76,000 | 112,000 |
| Pretax income | -478,000 | -958,000 | -1,534,000 | -2,111,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | -478,000 | -959,000 | -1,535,000 | -2,112,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,999,000 | 9,578,000 | 9,059,000 | 8,538,000 |
| Total capital | 10,016,000 | 9,621,000 | 9,153,000 | 8,673,000 |
| Risk-weighted assets | 3,866,000 | 7,553,000 | 8,600,000 | 11,019,000 |
Machine access — free, no API key
Every figure shown here about GRANDPOINT BANK — 2008 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.