Call reports 2024
GRAND BANK FOR SAVINGS, F.S.B. — 2024
What GRAND BANK FOR SAVINGS, F.S.B. 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 | 181,997,000 | 205,181,000 | 241,975,000 | 252,934,000 |
| Total loans | 130,513,000 | 148,665,000 | 177,956,000 | 184,442,000 |
| Allowance for loan losses | 1,051,000 | 1,197,000 | 1,359,000 | 1,359,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 162,885,000 | 183,485,000 | 216,675,000 | 228,373,000 |
| Interest-bearing deposits | 158,727,000 | 178,898,000 | 211,711,000 | 223,402,000 |
| Noninterest-bearing deposits | 4,158,000 | 4,587,000 | 4,964,000 | 4,971,000 |
| Equity capital | 17,061,000 | 18,636,000 | 20,954,000 | 21,036,000 |
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 | 3,366,000 | 7,177,000 | 11,779,000 | 16,728,000 |
| Interest expense | 1,699,000 | 3,814,000 | 6,308,000 | 8,922,000 |
| Net interest income | 1,667,000 | 3,363,000 | 5,471,000 | 7,806,000 |
| Noninterest income | 29,000 | 21,000 | 104,000 | 134,000 |
| Noninterest expense | 1,830,000 | 3,806,000 | 6,020,000 | 8,303,000 |
| Provision for loan losses | 20,000 | 155,000 | 315,000 | 315,000 |
| Pretax income | -154,000 | -577,000 | -760,000 | -678,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -154,000 | -577,000 | -760,000 | -678,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,061,000 | 18,636,000 | 20,954,000 | 21,036,000 |