Call reports 2024
GRUNDY BANK — 2024
What GRUNDY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 338,803,000 | 354,345,000 | 398,586,000 | 348,576,000 |
| Total loans | 233,429,000 | 237,255,000 | 239,518,000 | 246,872,000 |
| Allowance for loan losses | 2,804,000 | 2,833,000 | 2,880,000 | 2,925,000 |
| Securities available for sale | 38,288,000 | 40,412,000 | 38,842,000 | 38,843,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 294,520,000 | 309,077,000 | 351,659,000 | 300,121,000 |
| Interest-bearing deposits | 154,543,000 | 168,437,000 | 221,395,000 | 161,119,000 |
| Noninterest-bearing deposits | 139,977,000 | 140,640,000 | 130,264,000 | 139,002,000 |
| Equity capital | 42,769,000 | 43,536,000 | 44,451,000 | 46,872,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 4,558,000 | 9,319,000 | 14,693,000 | 19,755,000 |
| Interest expense | 599,000 | 1,188,000 | 2,405,000 | 3,112,000 |
| Net interest income | 3,959,000 | 8,131,000 | 12,288,000 | 16,643,000 |
| Noninterest income | 801,000 | 1,722,000 | 2,639,000 | 3,508,000 |
| Noninterest expense | 2,154,000 | 4,434,000 | 6,719,000 | 9,259,000 |
| Provision for loan losses | 0 | 29,000 | 98,000 | 176,000 |
| Pretax income | 2,606,000 | 5,401,000 | 8,119,000 | 10,735,000 |
| Income tax | 25,000 | 58,000 | 104,000 | 159,000 |
| Net income | 2,581,000 | 5,343,000 | 8,015,000 | 10,576,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,977,000 | 39,739,000 | 40,412,000 | 42,900,000 |
| Total capital | 41,575,000 | 42,395,000 | 43,111,000 | 45,670,000 |
| Risk-weighted assets | 207,469,000 | 212,094,000 | 215,585,000 | 221,245,000 |