FACTANKER · measured, cited, anchored official records connected

Call report 2023Q1

GRAND RAPIDS STATE BANK — 2023Q1

The 22 measures GRAND RAPIDS STATE BANK reported to the FFIEC for 2023Q1, each linked to its source filing.

PERIOD: 2023Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/393003dc-c84f-4cb5-86ae-4d86662d0c45/2023Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets262,550,000USDevidence →
Total loans141,179,000USDevidence →
Allowance for loan losses1,131,000USDevidence →
Securities available for sale78,120,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits240,656,000USDevidence →
Interest-bearing deposits186,075,000USDevidence →
Noninterest-bearing deposits54,581,000USDevidence →
Equity capital19,489,000USDevidence →

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 income2,515,000USDevidence →
Interest expense101,000USDevidence →
Net interest income2,414,000USDevidence →
Noninterest income342,000USDevidence →
Noninterest expense2,154,000USDevidence →
Provision for loan losses0USDevidence →
Pretax income602,000USDevidence →
Income tax48,000USDevidence →
Net income554,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital24,183,000USDevidence →
Total capital25,315,000USDevidence →
Risk-weighted assets172,204,000USDevidence →