Call reports 2021
GRAND BANK FOR SAVINGS, F.S.B. — 2021
What GRAND BANK FOR SAVINGS, F.S.B. reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 98,779,000 | 109,036,000 | 95,809,000 | 96,556,000 |
| Total loans | 74,988,000 | 73,884,000 | 77,084,000 | 78,087,000 |
| Allowance for loan losses | 592,000 | 593,000 | 620,000 | 621,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,315,000 | 89,377,000 | 82,733,000 | 83,412,000 |
| Interest-bearing deposits | 71,272,000 | 77,473,000 | 77,059,000 | 79,014,000 |
| Noninterest-bearing deposits | 8,043,000 | 11,904,000 | 5,674,000 | 4,398,000 |
| Equity capital | 11,889,000 | 12,015,000 | 12,331,000 | 12,547,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,517,000 | 3,069,000 | 4,604,000 | 6,207,000 |
| Interest expense | 235,000 | 425,000 | 653,000 | 821,000 |
| Net interest income | 1,282,000 | 2,644,000 | 3,951,000 | 5,386,000 |
| Noninterest income | 210,000 | 421,000 | 594,000 | 712,000 |
| Noninterest expense | 1,127,000 | 2,320,000 | 3,504,000 | 4,904,000 |
| Provision for loan losses | 0 | 0 | 25,000 | 25,000 |
| Pretax income | 365,000 | 745,000 | 1,016,000 | 1,169,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 365,000 | 745,000 | 1,016,000 | 1,169,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,281,000 | 11,662,000 | 11,933,000 | 12,086,000 |