FACTANKER · measured, cited, anchored official records connected

Call report 2023Q2

GRAND RAPIDS STATE BANK — 2023Q2

The 22 measures GRAND RAPIDS STATE BANK reported to the FFIEC for 2023Q2, each linked to its source filing.

PERIOD: 2023Q2SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/393003dc-c84f-4cb5-86ae-4d86662d0c45/2023Q2

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets245,069,000USDevidence →
Total loans142,869,000USDevidence →
Allowance for loan losses1,120,000USDevidence →
Securities available for sale75,687,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits223,562,000USDevidence →
Interest-bearing deposits174,015,000USDevidence →
Noninterest-bearing deposits49,547,000USDevidence →
Equity capital18,966,000USDevidence →

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 income5,191,000USDevidence →
Interest expense221,000USDevidence →
Net interest income4,970,000USDevidence →
Noninterest income678,000USDevidence →
Noninterest expense4,251,000USDevidence →
Provision for loan losses0USDevidence →
Pretax income1,397,000USDevidence →
Income tax88,000USDevidence →
Net income1,309,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital24,437,000USDevidence →