Call reports 2016
GRAND VALLEY BANK — 2016
What GRAND VALLEY 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 | 356,785,000 | 353,601,000 | 360,817,000 | 364,148,000 |
| Total loans | 141,399,000 | 144,289,000 | 150,584,000 | 153,560,000 |
| Allowance for loan losses | 2,629,000 | 2,661,000 | 2,704,000 | 2,625,000 |
| Securities available for sale | 140,660,000 | 135,016,000 | 137,064,000 | 135,336,000 |
| Securities held to maturity | 54,558,000 | 53,656,000 | 51,955,000 | 56,318,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 317,886,000 | 310,962,000 | 319,365,000 | 322,111,000 |
| Interest-bearing deposits | 217,246,000 | 219,394,000 | 220,598,000 | 220,891,000 |
| Noninterest-bearing deposits | 100,640,000 | 91,568,000 | 98,767,000 | 101,220,000 |
| Equity capital | 32,682,000 | 33,522,000 | 34,011,000 | 33,700,000 |
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 | 2,975,000 | 6,124,000 | 9,155,000 | 12,271,000 |
| Interest expense | 196,000 | 389,000 | 582,000 | 777,000 |
| Net interest income | 2,779,000 | 5,735,000 | 8,573,000 | 11,494,000 |
| Noninterest income | 240,000 | 499,000 | 884,000 | 1,234,000 |
| Noninterest expense | 2,197,000 | 4,333,000 | 6,392,000 | 8,571,000 |
| Provision for loan losses | 10,000 | 41,000 | 82,000 | 27,000 |
| Pretax income | 812,000 | 1,860,000 | 2,983,000 | 4,130,000 |
| Income tax | 152,000 | 392,000 | 630,000 | 900,000 |
| Net income | 660,000 | 1,468,000 | 2,353,000 | 3,230,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,601,000 | 32,213,000 | 32,905,000 | 33,517,000 |
| Total capital | 33,799,000 | 34,465,000 | 35,259,000 | 35,918,000 |
| Risk-weighted assets | 175,322,000 | 179,729,000 | 187,852,000 | 191,649,000 |