Call reports 2012
GRAND VALLEY BANK — 2012
What GRAND VALLEY 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 | 273,946,000 | 279,224,000 | 274,975,000 | 318,252,000 |
| Total loans | 91,130,000 | 94,411,000 | 95,959,000 | 108,986,000 |
| Allowance for loan losses | 2,754,000 | 2,853,000 | 2,209,000 | 2,094,000 |
| Securities available for sale | 143,771,000 | 145,002,000 | 138,248,000 | 156,800,000 |
| Securities held to maturity | 25,160,000 | 26,734,000 | 27,721,000 | 34,353,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 237,085,000 | 236,995,000 | 239,861,000 | 284,593,000 |
| Interest-bearing deposits | 178,041,000 | 180,684,000 | 182,012,000 | 216,021,000 |
| Noninterest-bearing deposits | 59,044,000 | 56,311,000 | 57,849,000 | 68,572,000 |
| Equity capital | 26,973,000 | 27,466,000 | 28,710,000 | 27,898,000 |
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 | 2,455,000 | 4,915,000 | 7,396,000 | 9,877,000 |
| Interest expense | 236,000 | 468,000 | 696,000 | 925,000 |
| Net interest income | 2,219,000 | 4,447,000 | 6,700,000 | 8,952,000 |
| Noninterest income | 248,000 | 469,000 | 1,065,000 | 1,424,000 |
| Noninterest expense | 1,905,000 | 3,956,000 | 6,056,000 | 8,355,000 |
| Provision for loan losses | 90,000 | -205,000 | -875,000 | -860,000 |
| Pretax income | 472,000 | 1,165,000 | 2,584,000 | 2,881,000 |
| Income tax | 56,000 | 183,000 | 561,000 | 548,000 |
| Net income | 416,000 | 982,000 | 2,023,000 | 2,333,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,041,000 | 25,529,000 | 26,490,000 | 25,603,000 |
| Total capital | 26,523,000 | 27,042,000 | 27,982,000 | 27,327,000 |
| Risk-weighted assets | 117,207,000 | 119,628,000 | 118,572,000 | 137,706,000 |