Call reports 2018
GRAND BANK — 2018
What GRAND BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 323,460,000 | 348,917,000 | 344,206,000 | 357,067,000 |
| Total loans | 264,526,000 | 282,440,000 | 288,492,000 | 293,060,000 |
| Allowance for loan losses | 4,556,000 | 4,578,000 | 4,626,000 | 4,636,000 |
| Securities available for sale | 27,032,000 | 26,394,000 | 25,689,000 | 26,191,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 275,419,000 | 293,206,000 | 288,417,000 | 298,921,000 |
| Interest-bearing deposits | 221,047,000 | 235,238,000 | 232,939,000 | 240,750,000 |
| Noninterest-bearing deposits | 54,372,000 | 57,968,000 | 55,478,000 | 58,171,000 |
| Equity capital | 35,496,000 | 36,045,000 | 37,204,000 | 37,839,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,782,000 | 7,802,000 | 12,058,000 | 16,396,000 |
| Interest expense | 556,000 | 1,283,000 | 2,098,000 | 3,049,000 |
| Net interest income | 3,226,000 | 6,519,000 | 9,960,000 | 13,347,000 |
| Noninterest income | 215,000 | 452,000 | 688,000 | 930,000 |
| Noninterest expense | 2,039,000 | 4,138,000 | 6,192,000 | 8,520,000 |
| Provision for loan losses | 40,000 | 60,000 | 60,000 | 60,000 |
| Pretax income | 1,362,000 | 2,773,000 | 4,396,000 | 5,697,000 |
| Income tax | 318,000 | 628,000 | 917,000 | 1,197,000 |
| Net income | 1,044,000 | 2,145,000 | 3,479,000 | 4,500,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,607,000 | 34,207,000 | 35,542,000 | 36,063,000 |
| Total capital | 37,037,000 | 37,844,000 | 39,246,000 | 39,861,000 |
| Risk-weighted assets | 273,294,000 | 289,992,000 | 295,401,000 | 303,032,000 |