Call reports 2023
GRUNDY BANK — 2023
What GRUNDY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 353,113,000 | 453,306,000 | 358,255,000 | 347,512,000 |
| Total loans | 213,640,000 | 214,356,000 | 230,328,000 | 236,532,000 |
| Allowance for loan losses | 2,758,000 | 2,863,000 | 2,798,000 | 2,812,000 |
| Securities available for sale | 38,150,000 | 38,014,000 | 38,028,000 | 38,192,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 310,610,000 | 410,430,000 | 313,270,000 | 305,997,000 |
| Interest-bearing deposits | 156,159,000 | 262,247,000 | 183,950,000 | 161,836,000 |
| Noninterest-bearing deposits | 154,451,000 | 148,183,000 | 129,320,000 | 144,161,000 |
| Equity capital | 41,103,000 | 41,273,000 | 42,844,000 | 40,200,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,896,000 | 8,469,000 | 13,230,000 | 17,837,000 |
| Interest expense | 349,000 | 934,000 | 1,766,000 | 2,401,000 |
| Net interest income | 3,547,000 | 7,535,000 | 11,464,000 | 15,436,000 |
| Noninterest income | 763,000 | 1,681,000 | 2,497,000 | 3,290,000 |
| Noninterest expense | 1,847,000 | 3,906,000 | 6,117,000 | 8,568,000 |
| Provision for loan losses | 0 | 104,000 | 44,000 | 115,000 |
| Pretax income | 2,463,000 | 5,174,000 | 7,743,000 | 9,982,000 |
| Income tax | 22,000 | 58,000 | 102,000 | 132,000 |
| Net income | 2,441,000 | 5,116,000 | 7,641,000 | 9,850,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,333,000 | 37,658,000 | 39,183,000 | 36,397,000 |
| Total capital | 39,782,000 | 40,012,000 | 41,735,000 | 39,017,000 |
| Risk-weighted assets | 195,480,000 | 187,651,000 | 203,700,000 | 209,257,000 |