Call reports 2015
GRAND VALLEY BANK — 2015
What GRAND VALLEY BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 330,768,000 | 341,798,000 | 353,956,000 | 363,130,000 |
| Total loans | 134,688,000 | 135,219,000 | 132,528,000 | 137,875,000 |
| Allowance for loan losses | 2,442,000 | 2,506,000 | 2,571,000 | 2,583,000 |
| Securities available for sale | 129,995,000 | 135,116,000 | 145,466,000 | 150,583,000 |
| Securities held to maturity | 48,203,000 | 51,583,000 | 53,475,000 | 54,675,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 297,231,000 | 308,617,000 | 320,230,000 | 319,788,000 |
| Interest-bearing deposits | 208,365,000 | 210,458,000 | 216,571,000 | 218,524,000 |
| Noninterest-bearing deposits | 88,866,000 | 98,159,000 | 103,659,000 | 101,264,000 |
| Equity capital | 30,811,000 | 31,227,000 | 31,844,000 | 31,913,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,808,000 | 5,672,000 | 8,630,000 | 11,579,000 |
| Interest expense | 161,000 | 329,000 | 507,000 | 691,000 |
| Net interest income | 2,647,000 | 5,343,000 | 8,123,000 | 10,888,000 |
| Noninterest income | 305,000 | 644,000 | 930,000 | 1,183,000 |
| Noninterest expense | 2,220,000 | 4,377,000 | 6,637,000 | 8,692,000 |
| Provision for loan losses | 75,000 | 135,000 | 160,000 | 170,000 |
| Pretax income | 657,000 | 1,475,000 | 2,256,000 | 3,209,000 |
| Income tax | 108,000 | 266,000 | 397,000 | 604,000 |
| Net income | 549,000 | 1,209,000 | 1,859,000 | 2,605,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,712,000 | 30,178,000 | 30,632,000 | 31,190,000 |
| Total capital | 31,715,000 | 32,234,000 | 32,723,000 | 33,354,000 |
| Risk-weighted assets | 159,705,000 | 163,928,000 | 166,716,000 | 172,586,000 |