Call reports 2013
GRANDPOINT BANK — 2013
What GRANDPOINT BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 942,912,000 | 1,238,176,000 | 2,009,541,000 | 1,975,932,000 |
| Total loans | 677,643,000 | 892,158,000 | 1,473,976,000 | 1,492,679,000 |
| Allowance for loan losses | 5,917,000 | 7,572,000 | 11,814,000 | 11,276,000 |
| Securities available for sale | 104,912,000 | 183,511,000 | 256,596,000 | 175,353,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 806,162,000 | 1,050,668,000 | 1,728,518,000 | 1,694,408,000 |
| Interest-bearing deposits | 518,383,000 | 666,296,000 | 1,061,571,000 | 1,023,718,000 |
| Noninterest-bearing deposits | 287,779,000 | 384,372,000 | 666,947,000 | 670,690,000 |
| Equity capital | 130,278,000 | 180,149,000 | 266,568,000 | 269,071,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 9,067,000 | 24,590,000 | 58,769,000 | 80,078,000 |
| Interest expense | 368,000 | 938,000 | 2,251,000 | 2,872,000 |
| Net interest income | 8,699,000 | 23,652,000 | 56,518,000 | 77,206,000 |
| Noninterest income | 606,000 | 1,566,000 | 4,060,000 | 5,164,000 |
| Noninterest expense | 8,247,000 | 21,697,000 | 49,856,000 | 68,358,000 |
| Provision for loan losses | 0 | 62,000 | 3,094,000 | 3,094,000 |
| Pretax income | 1,072,000 | 3,804,000 | 8,013,000 | 11,463,000 |
| Income tax | 415,000 | 1,520,000 | 3,188,000 | 4,641,000 |
| Net income | 657,000 | 2,284,000 | 4,825,000 | 6,822,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 97,054,000 | 131,051,000 | 193,287,000 | 204,587,000 |
| Total capital | 103,066,000 | 138,749,000 | 205,469,000 | 216,231,000 |
| Risk-weighted assets | 703,179,000 | 966,352,000 | 1,601,168,000 | 1,578,194,000 |