Call reports 2017
GRAND VALLEY BANK — 2017
What GRAND VALLEY BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 369,743,000 | 375,254,000 | 372,569,000 | 373,982,000 |
| Total loans | 155,889,000 | 169,162,000 | 172,185,000 | 176,452,000 |
| Allowance for loan losses | 2,690,000 | 2,692,000 | 2,715,000 | 2,743,000 |
| Securities available for sale | 139,240,000 | 129,946,000 | 126,464,000 | 111,100,000 |
| Securities held to maturity | 56,267,000 | 57,150,000 | 55,882,000 | 58,789,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 326,585,000 | 335,945,000 | 328,796,000 | 336,397,000 |
| Interest-bearing deposits | 224,728,000 | 230,595,000 | 225,384,000 | 221,196,000 |
| Noninterest-bearing deposits | 101,857,000 | 105,350,000 | 103,412,000 | 115,201,000 |
| Equity capital | 34,508,000 | 35,358,000 | 36,075,000 | 36,309,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,190,000 | 6,580,000 | 10,168,000 | 13,750,000 |
| Interest expense | 199,000 | 417,000 | 648,000 | 869,000 |
| Net interest income | 2,991,000 | 6,163,000 | 9,520,000 | 12,881,000 |
| Noninterest income | 311,000 | 646,000 | 963,000 | 1,290,000 |
| Noninterest expense | 2,204,000 | 4,465,000 | 6,710,000 | 8,979,000 |
| Provision for loan losses | 40,000 | 40,000 | 63,000 | 90,000 |
| Pretax income | 1,058,000 | 2,304,000 | 3,710,000 | 4,991,000 |
| Income tax | 231,000 | 531,000 | 889,000 | 1,187,000 |
| Net income | 827,000 | 1,773,000 | 2,821,000 | 3,804,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,033,000 | 34,714,000 | 35,397,000 | 36,120,000 |
| Total capital | 36,467,000 | 37,348,000 | 38,071,000 | 38,841,000 |
| Risk-weighted assets | 194,272,000 | 210,448,000 | 213,688,000 | 217,448,000 |