Call reports 2010
GRANDPOINT BANK — 2010
What GRANDPOINT BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 24,986,000 | 95,184,000 | 99,339,000 | 491,701,000 |
| Total loans | 13,083,000 | 12,654,000 | 23,124,000 | 327,344,000 |
| Allowance for loan losses | 275,000 | 0 | 228,000 | 1,050,000 |
| Securities available for sale | 9,563,000 | 3,284,000 | 42,348,000 | 97,399,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,468,000 | 19,166,000 | 26,258,000 | 407,595,000 |
| Interest-bearing deposits | 15,417,000 | 15,502,000 | 20,042,000 | 299,932,000 |
| Noninterest-bearing deposits | 2,051,000 | 3,664,000 | 6,216,000 | 107,663,000 |
| Equity capital | 5,740,000 | 74,521,000 | 71,516,000 | 79,211,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 290,000 | 29,000 | 503,000 | 1,747,000 |
| Interest expense | 61,000 | 5,000 | 27,000 | 152,000 |
| Net interest income | 229,000 | 24,000 | 476,000 | 1,595,000 |
| Noninterest income | 14,000 | 47,000 | 217,000 | 5,638,000 |
| Noninterest expense | 836,000 | 578,000 | 4,193,000 | 8,950,000 |
| Provision for loan losses | 13,000 | 0 | 228,000 | 1,050,000 |
| Pretax income | -559,000 | -507,000 | -3,704,000 | -2,699,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -559,000 | -507,000 | -3,704,000 | -2,699,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,539,000 | 71,797,000 | 68,604,000 | 59,857,000 |
| Total capital | 5,761,000 | 71,797,000 | 68,832,000 | 60,920,000 |
| Risk-weighted assets | 17,726,000 | 18,462,000 | 35,458,000 | 376,150,000 |