Call reports 2016
GRANDPOINT BANK — 2016
What GRANDPOINT BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 3,234,189,000 | 3,308,094,000 | 3,292,509,000 | 3,321,825,000 |
| Total loans | 2,274,782,000 | 2,331,340,000 | 2,318,373,000 | 2,369,804,000 |
| Allowance for loan losses | 17,514,000 | 17,125,000 | 17,858,000 | 18,552,000 |
| Securities available for sale | 637,518,000 | 636,640,000 | 621,034,000 | 579,275,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,547,245,000 | 2,483,291,000 | 2,579,910,000 | 2,577,026,000 |
| Interest-bearing deposits | 1,685,756,000 | 1,598,821,000 | 1,649,990,000 | 1,649,501,000 |
| Noninterest-bearing deposits | 861,489,000 | 884,470,000 | 929,920,000 | 927,525,000 |
| Equity capital | 353,622,000 | 365,144,000 | 375,618,000 | 382,177,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 29,721,000 | 60,056,000 | 90,808,000 | 122,741,000 |
| Interest expense | 1,938,000 | 3,870,000 | 5,930,000 | 8,047,000 |
| Net interest income | 27,783,000 | 56,186,000 | 84,878,000 | 114,694,000 |
| Noninterest income | 1,528,000 | 3,043,000 | 4,568,000 | 5,914,000 |
| Noninterest expense | 15,235,000 | 30,595,000 | 46,052,000 | 61,893,000 |
| Provision for loan losses | 0 | 0 | 350,000 | 1,150,000 |
| Pretax income | 14,076,000 | 28,634,000 | 43,050,000 | 57,593,000 |
| Income tax | 5,665,000 | 11,508,000 | 17,322,000 | 23,191,000 |
| Net income | 8,411,000 | 17,126,000 | 25,728,000 | 34,402,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 291,891,000 | 300,961,000 | 309,918,000 | 318,984,000 |
| Total capital | 309,559,000 | 318,240,000 | 327,930,000 | 337,690,000 |
| Risk-weighted assets | 2,443,620,000 | 2,479,641,000 | 2,472,551,000 | 2,799,905,000 |