Call reports 2019
GRAND VALLEY BANK — 2019
What GRAND VALLEY BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 400,897,000 | 432,797,000 | 439,642,000 | 437,297,000 |
| Total loans | 196,240,000 | 195,448,000 | 195,726,000 | 197,666,000 |
| Allowance for loan losses | 2,866,000 | 3,021,000 | 3,133,000 | 3,299,000 |
| Securities available for sale | 186,815,000 | 199,091,000 | 211,345,000 | 214,554,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 350,488,000 | 387,351,000 | 391,705,000 | 386,863,000 |
| Interest-bearing deposits | 222,126,000 | 244,159,000 | 252,125,000 | 252,089,000 |
| Noninterest-bearing deposits | 128,362,000 | 143,192,000 | 139,580,000 | 134,774,000 |
| Equity capital | 41,483,000 | 43,640,000 | 45,512,000 | 45,872,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 4,118,000 | 8,479,000 | 12,866,000 | 17,200,000 |
| Interest expense | 452,000 | 945,000 | 1,470,000 | 2,004,000 |
| Net interest income | 3,666,000 | 7,534,000 | 11,396,000 | 15,196,000 |
| Noninterest income | 317,000 | 683,000 | 1,120,000 | 1,473,000 |
| Noninterest expense | 2,402,000 | 5,120,000 | 7,717,000 | 10,243,000 |
| Provision for loan losses | 45,000 | 195,000 | 305,000 | 395,000 |
| Pretax income | 1,536,000 | 3,098,000 | 4,690,000 | 6,228,000 |
| Income tax | 283,000 | 571,000 | 868,000 | 1,163,000 |
| Net income | 1,253,000 | 2,527,000 | 3,822,000 | 5,065,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,543,000 | 39,752,000 | 40,626,000 | 41,448,000 |
| Total capital | 43,478,000 | 42,722,000 | 43,616,000 | 44,485,000 |
| Risk-weighted assets | 234,668,000 | 237,362,000 | 238,882,000 | 242,532,000 |