Call reports 2012
GRAND MARAIS STATE BANK — 2012
What GRAND MARAIS STATE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 70,380,000 | 70,240,000 | 82,932,000 | 79,712,000 |
| Total loans | 44,543,000 | 44,700,000 | 42,201,000 | 43,314,000 |
| Allowance for loan losses | 411,000 | 410,000 | 410,000 | 410,000 |
| Securities available for sale | 19,805,000 | 17,770,000 | 27,688,000 | 27,707,000 |
| Securities held to maturity | 122,000 | 122,000 | 118,000 | 117,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,443,000 | 64,132,000 | 76,794,000 | 73,514,000 |
| Interest-bearing deposits | 47,684,000 | 46,847,000 | 49,543,000 | 48,725,000 |
| Noninterest-bearing deposits | 16,759,000 | 17,285,000 | 27,251,000 | 24,789,000 |
| Equity capital | 5,787,000 | 5,988,000 | 5,984,000 | 6,088,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 811,000 | 1,606,000 | 2,414,000 | 3,207,000 |
| Interest expense | 74,000 | 142,000 | 207,000 | 269,000 |
| Net interest income | 737,000 | 1,464,000 | 2,207,000 | 2,938,000 |
| Noninterest income | 143,000 | 272,000 | 433,000 | 590,000 |
| Noninterest expense | 475,000 | 987,000 | 1,494,000 | 2,093,000 |
| Provision for loan losses | 40,000 | 40,000 | 40,000 | 40,000 |
| Pretax income | 365,000 | 709,000 | 1,106,000 | 1,395,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 365,000 | 709,000 | 1,106,000 | 1,395,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,840,000 | 5,763,000 | 5,827,000 | 5,916,000 |
| Total capital | 6,251,000 | 6,173,000 | 6,237,000 | 6,326,000 |
| Risk-weighted assets | 40,608,000 | 40,856,000 | 41,706,000 | 41,245,000 |