Call reports 2026
GRAND RAPIDS STATE BANK — 2026
What GRAND RAPIDS STATE BANK reported to the FFIEC in 2026, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Total assets | 257,125,000 | 261,065,000 |
| Total loans | 147,340,000 | 141,817,000 |
| Allowance for loan losses | 1,028,000 | 1,055,000 |
| Securities available for sale | 46,668,000 | 51,980,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 231,643,000 | 234,060,000 |
| Interest-bearing deposits | 166,031,000 | 164,536,000 |
| Noninterest-bearing deposits | 65,612,000 | 69,524,000 |
| Equity capital | 22,832,000 | 24,071,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Interest income | 3,452,000 | 6,978,000 |
| Interest expense | 291,000 | 577,000 |
| Net interest income | 3,161,000 | 6,401,000 |
| Noninterest income | 470,000 | 1,258,000 |
| Noninterest expense | 2,314,000 | 4,551,000 |
| Provision for loan losses | 74,000 | 76,000 |
| Pretax income | 1,243,000 | 3,035,000 |
| Income tax | 80,000 | 176,000 |
| Net income | 1,163,000 | 2,859,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Tier 1 capital | 24,746,000 | 25,942,000 |