Call reports 2007
GRAND RAPIDS STATE BANK — 2007
What GRAND RAPIDS STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 248,366,000 | 242,340,000 | 251,294,000 | 253,183,000 |
| Total loans | 123,846,000 | 126,248,000 | 124,600,000 | 129,580,000 |
| Allowance for loan losses | 1,325,000 | 1,354,000 | 1,314,000 | 1,328,000 |
| Securities available for sale | 100,635,000 | 98,053,000 | 98,842,000 | 95,355,000 |
| Securities held to maturity | 4,084,000 | 4,082,000 | 4,082,000 | 4,083,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 209,528,000 | 201,351,000 | 206,205,000 | 212,078,000 |
| Interest-bearing deposits | 187,438,000 | 177,123,000 | 182,900,000 | 177,737,000 |
| Noninterest-bearing deposits | 22,090,000 | 24,228,000 | 23,305,000 | 34,341,000 |
| Equity capital | 26,698,000 | 25,798,000 | 27,582,000 | 28,565,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 3,550,000 | 7,185,000 | 10,798,000 | 14,492,000 |
| Interest expense | 1,668,000 | 3,345,000 | 4,958,000 | 6,608,000 |
| Net interest income | 1,882,000 | 3,840,000 | 5,840,000 | 7,884,000 |
| Noninterest income | 375,000 | 794,000 | 1,193,000 | 1,577,000 |
| Noninterest expense | 1,483,000 | 3,002,000 | 4,528,000 | 6,134,000 |
| Provision for loan losses | 25,000 | 55,000 | 85,000 | 115,000 |
| Pretax income | 749,000 | 1,556,000 | 2,399,000 | 3,177,000 |
| Income tax | 1,000 | 3,000 | 4,000 | 5,000 |
| Net income | 748,000 | 1,553,000 | 2,395,000 | 3,172,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,311,000 | 27,516,000 | 27,858,000 | 28,135,000 |
| Total capital | 28,636,000 | 28,870,000 | 29,172,000 | 29,463,000 |
| Risk-weighted assets | 154,117,000 | 155,643,000 | 177,109,000 | 186,044,000 |
Machine access — free, no API key
Every figure shown here about GRAND RAPIDS STATE BANK — 2007 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.