FACTANKER · measured, cited, anchored official records connected

Call report 2022Q1

GRAND RAPIDS STATE BANK — 2022Q1

The 22 measures GRAND RAPIDS STATE BANK reported to the FFIEC for 2022Q1, each linked to its source filing.

PERIOD: 2022Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/393003dc-c84f-4cb5-86ae-4d86662d0c45/2022Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets273,532,000USDevidence →
Total loans141,762,000USDevidence →
Allowance for loan losses1,136,000USDevidence →
Securities available for sale74,794,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits236,284,000USDevidence →
Interest-bearing deposits183,260,000USDevidence →
Noninterest-bearing deposits53,025,000USDevidence →
Equity capital21,388,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income2,187,000USDevidence →
Interest expense84,000USDevidence →
Net interest income2,103,000USDevidence →
Noninterest income371,000USDevidence →
Noninterest expense2,140,000USDevidence →
Provision for loan losses0USDevidence →
Pretax income334,000USDevidence →
Income tax68,000USDevidence →
Net income266,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital24,035,000USDevidence →