Call reports 2020
GRUNDY BANK — 2020
What GRUNDY BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 255,153,000 | 298,066,000 | 319,907,000 | 317,754,000 |
| Total loans | 181,095,000 | 195,972,000 | 198,848,000 | 191,903,000 |
| Allowance for loan losses | 2,212,000 | 2,362,000 | 2,500,000 | 2,606,000 |
| Securities available for sale | 29,319,000 | 25,259,000 | 25,311,000 | 30,436,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 223,768,000 | 261,134,000 | 281,131,000 | 281,815,000 |
| Interest-bearing deposits | 118,183,000 | 132,870,000 | 153,530,000 | 143,911,000 |
| Noninterest-bearing deposits | 105,585,000 | 128,264,000 | 127,601,000 | 137,904,000 |
| Equity capital | 30,476,000 | 31,729,000 | 33,465,000 | 30,676,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,673,000 | 5,220,000 | 7,787,000 | 10,234,000 |
| Interest expense | 48,000 | 87,000 | 121,000 | 154,000 |
| Net interest income | 2,625,000 | 5,133,000 | 7,666,000 | 10,080,000 |
| Noninterest income | 701,000 | 1,570,000 | 2,972,000 | 4,353,000 |
| Noninterest expense | 1,823,000 | 3,716,000 | 5,681,000 | 7,830,000 |
| Provision for loan losses | 50,000 | 200,000 | 350,000 | 500,000 |
| Pretax income | 1,453,000 | 2,787,000 | 4,607,000 | 6,103,000 |
| Income tax | 21,000 | 42,000 | 63,000 | 97,000 |
| Net income | 1,432,000 | 2,745,000 | 4,544,000 | 6,006,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,344,000 | 27,657,000 | 29,456,000 | 26,699,000 |
| Total capital | 28,419,000 | 29,720,000 | 31,533,000 | 28,806,000 |
| Risk-weighted assets | 165,838,000 | 164,742,000 | 165,739,000 | 168,052,000 |