Call reports 2009
GRANDPOINT BANK — 2009
What GRANDPOINT BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 19,261,000 | 24,998,000 | 27,330,000 | 26,395,000 |
| Total loans | 9,564,000 | 12,393,000 | 13,343,000 | 12,925,000 |
| Allowance for loan losses | 220,000 | 260,000 | 405,000 | 435,000 |
| Securities available for sale | 6,482,000 | 10,890,000 | 10,863,000 | 11,954,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 10,950,000 | 17,292,000 | 20,361,000 | 20,005,000 |
| Interest-bearing deposits | 9,712,000 | 16,089,000 | 19,051,000 | 18,714,000 |
| Noninterest-bearing deposits | 1,238,000 | 1,203,000 | 1,310,000 | 1,291,000 |
| Equity capital | 8,157,000 | 7,486,000 | 6,866,000 | 6,323,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 221,000 | 486,000 | 791,000 | 1,096,000 |
| Interest expense | 52,000 | 134,000 | 228,000 | 316,000 |
| Net interest income | 169,000 | 352,000 | 563,000 | 780,000 |
| Noninterest income | 4,000 | 13,000 | 25,000 | 40,000 |
| Noninterest expense | 757,000 | 1,483,000 | 2,217,000 | 2,983,000 |
| Provision for loan losses | 100,000 | 140,000 | 485,000 | 515,000 |
| Pretax income | -649,000 | -1,223,000 | -2,079,000 | -2,643,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | -649,000 | -1,224,000 | -2,080,000 | -2,644,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,943,000 | 7,420,000 | 6,617,000 | 6,081,000 |
| Total capital | 8,102,000 | 7,627,000 | 6,847,000 | 6,310,000 |
| Risk-weighted assets | 12,634,000 | 16,498,000 | 18,244,000 | 18,093,000 |