Call reports 2022
GRAND VALLEY BANK — 2022
What GRAND VALLEY BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 604,451,000 | 588,512,000 | 595,281,000 | 597,227,000 |
| Total loans | 229,983,000 | 236,314,000 | 255,168,000 | 266,873,000 |
| Allowance for loan losses | 4,189,000 | 4,280,000 | 4,392,000 | 4,443,000 |
| Securities available for sale | 320,198,000 | 308,648,000 | 301,664,000 | 293,364,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 561,046,000 | 554,349,000 | 570,880,000 | 564,274,000 |
| Interest-bearing deposits | 344,329,000 | 351,055,000 | 347,707,000 | 339,562,000 |
| Noninterest-bearing deposits | 216,717,000 | 203,294,000 | 223,173,000 | 224,712,000 |
| Equity capital | 41,682,000 | 32,511,000 | 22,674,000 | 30,673,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 4,381,000 | 9,118,000 | 14,515,000 | 20,434,000 |
| Interest expense | 191,000 | 427,000 | 799,000 | 1,409,000 |
| Net interest income | 4,190,000 | 8,691,000 | 13,716,000 | 19,025,000 |
| Noninterest income | 521,000 | 971,000 | 1,426,000 | 1,838,000 |
| Noninterest expense | 2,834,000 | 5,712,000 | 8,748,000 | 11,878,000 |
| Provision for loan losses | 90,000 | 180,000 | 290,000 | 340,000 |
| Pretax income | 1,787,000 | 3,770,000 | 6,104,000 | 8,573,000 |
| Income tax | 301,000 | 652,000 | 1,083,000 | 1,550,000 |
| Net income | 1,486,000 | 3,118,000 | 5,021,000 | 7,023,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,112,000 | 51,373,000 | 52,766,000 | 54,253,000 |
| Total capital | 53,968,000 | 55,420,000 | 57,125,000 | 58,654,000 |
| Risk-weighted assets | 307,933,000 | 323,325,000 | 348,482,000 | 351,769,000 |
Machine access — free, no API key
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