Call reports 2011
GRANDPOINT BANK — 2011
What GRANDPOINT BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 570,669,000 | 570,033,000 | 874,042,000 | 854,851,000 |
| Total loans | 339,220,000 | 365,718,000 | 513,527,000 | 571,698,000 |
| Allowance for loan losses | 1,981,000 | 2,611,000 | 3,113,000 | 4,623,000 |
| Securities available for sale | 95,759,000 | 94,574,000 | 151,336,000 | 158,168,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 488,753,000 | 488,057,000 | 746,104,000 | 726,649,000 |
| Interest-bearing deposits | 368,088,000 | 365,247,000 | 517,473,000 | 482,451,000 |
| Noninterest-bearing deposits | 120,665,000 | 122,810,000 | 228,631,000 | 244,198,000 |
| Equity capital | 76,922,000 | 77,253,000 | 120,845,000 | 119,620,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 6,522,000 | 12,869,000 | 20,214,000 | 29,444,000 |
| Interest expense | 760,000 | 1,578,000 | 2,406,000 | 3,057,000 |
| Net interest income | 5,762,000 | 11,291,000 | 17,808,000 | 26,387,000 |
| Noninterest income | 864,000 | 1,510,000 | 2,865,000 | 3,637,000 |
| Noninterest expense | 7,746,000 | 14,543,000 | 22,028,000 | 32,380,000 |
| Provision for loan losses | 1,210,000 | 2,270,000 | 2,836,000 | 4,800,000 |
| Pretax income | -2,509,000 | -4,023,000 | -4,044,000 | -6,640,000 |
| Income tax | 0 | 0 | 0 | -1,337,000 |
| Net income | -2,509,000 | -4,023,000 | -4,044,000 | -5,303,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,655,000 | 59,361,000 | 89,275,000 | 88,342,000 |
| Total capital | 60,649,000 | 62,038,000 | 92,468,000 | 93,055,000 |
| Risk-weighted assets | 397,823,000 | 422,961,000 | 585,704,000 | 635,169,000 |