Call reports 2018
GRAND VALLEY BANK — 2018
What GRAND VALLEY BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 377,046,000 | 384,936,000 | 388,190,000 | 389,955,000 |
| Total loans | 179,184,000 | 188,560,000 | 191,478,000 | 195,065,000 |
| Allowance for loan losses | 2,768,000 | 2,801,000 | 2,832,000 | 2,864,000 |
| Securities available for sale | 172,444,000 | 174,583,000 | 178,461,000 | 178,774,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 339,118,000 | 330,465,000 | 349,065,000 | 342,399,000 |
| Interest-bearing deposits | 220,007,000 | 216,352,000 | 227,833,000 | 221,439,000 |
| Noninterest-bearing deposits | 119,111,000 | 114,113,000 | 121,232,000 | 120,960,000 |
| Equity capital | 36,666,000 | 37,555,000 | 37,815,000 | 39,438,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,576,000 | 7,369,000 | 11,334,000 | 15,382,000 |
| Interest expense | 252,000 | 557,000 | 907,000 | 1,282,000 |
| Net interest income | 3,324,000 | 6,812,000 | 10,427,000 | 14,100,000 |
| Noninterest income | 339,000 | 655,000 | 990,000 | 1,302,000 |
| Noninterest expense | 2,287,000 | 4,532,000 | 6,810,000 | 9,192,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 1,286,000 | 2,827,000 | 4,499,000 | 6,072,000 |
| Income tax | 272,000 | 566,000 | 904,000 | 1,195,000 |
| Net income | 1,014,000 | 2,261,000 | 3,595,000 | 4,877,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,764,000 | 37,705,000 | 38,730,000 | 39,695,000 |
| Total capital | 39,558,000 | 40,570,000 | 41,645,000 | 42,650,000 |
| Risk-weighted assets | 223,338,000 | 229,057,000 | 233,019,000 | 236,266,000 |