Call reports 2012
GRAND RAPIDS STATE BANK — 2012
What GRAND RAPIDS STATE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 234,159,000 | 236,906,000 | 246,009,000 | 243,048,000 |
| Total loans | 116,565,000 | 115,296,000 | 115,698,000 | 118,908,000 |
| Allowance for loan losses | 2,380,000 | 2,110,000 | 1,676,000 | 1,691,000 |
| Securities available for sale | 85,564,000 | 90,487,000 | 98,667,000 | 95,105,000 |
| Securities held to maturity | 343,000 | 343,000 | 218,000 | 218,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 191,357,000 | 195,695,000 | 206,429,000 | 203,663,000 |
| Interest-bearing deposits | 166,666,000 | 169,971,000 | 178,981,000 | 179,538,000 |
| Noninterest-bearing deposits | 24,690,000 | 25,724,000 | 27,449,000 | 24,125,000 |
| Equity capital | 27,279,000 | 27,659,000 | 28,293,000 | 28,139,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 2,525,000 | 5,002,000 | 7,428,000 | 9,873,000 |
| Interest expense | 438,000 | 848,000 | 1,212,000 | 1,514,000 |
| Net interest income | 2,087,000 | 4,154,000 | 6,216,000 | 8,359,000 |
| Noninterest income | 249,000 | 598,000 | 919,000 | 1,258,000 |
| Noninterest expense | 1,912,000 | 3,840,000 | 5,501,000 | 7,293,000 |
| Provision for loan losses | 0 | 0 | -375,000 | -375,000 |
| Pretax income | 424,000 | 957,000 | 2,054,000 | 2,744,000 |
| Income tax | 1,000 | 3,000 | 4,000 | 5,000 |
| Net income | 423,000 | 954,000 | 2,050,000 | 2,739,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,060,000 | 24,991,000 | 25,487,000 | 25,575,000 |
| Total capital | 27,197,000 | 27,101,000 | 27,163,000 | 27,266,000 |
| Risk-weighted assets | 170,726,000 | 192,318,000 | 136,547,000 | 139,496,000 |