Call reports 2020
GRAND BANK — 2020
What GRAND BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 419,018,000 | 459,093,000 | 452,023,000 | 437,705,000 |
| Total loans | 325,566,000 | 370,057,000 | 367,425,000 | 368,846,000 |
| Allowance for loan losses | 4,972,000 | 7,143,000 | 7,755,000 | 8,000,000 |
| Securities available for sale | 47,375,000 | 48,735,000 | 42,862,000 | 37,027,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 340,913,000 | 393,224,000 | 359,509,000 | 360,111,000 |
| Interest-bearing deposits | 266,546,000 | 274,126,000 | 265,050,000 | 266,427,000 |
| Noninterest-bearing deposits | 74,367,000 | 119,098,000 | 94,459,000 | 93,684,000 |
| Equity capital | 42,500,000 | 44,623,000 | 45,458,000 | 47,368,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 4,671,000 | 10,819,000 | 15,254,000 | 19,898,000 |
| Interest expense | 1,076,000 | 1,886,000 | 2,499,000 | 2,983,000 |
| Net interest income | 3,595,000 | 8,933,000 | 12,755,000 | 16,915,000 |
| Noninterest income | 251,000 | 467,000 | 697,000 | 3,443,000 |
| Noninterest expense | 2,000,000 | 4,217,000 | 6,358,000 | 8,844,000 |
| Provision for loan losses | 110,000 | 2,278,000 | 2,895,000 | 3,136,000 |
| Pretax income | 1,736,000 | 2,905,000 | 4,199,000 | 8,378,000 |
| Income tax | 402,000 | 648,000 | 985,000 | 2,227,000 |
| Net income | 1,334,000 | 2,257,000 | 3,214,000 | 6,151,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,037,000 | 41,959,000 | 42,917,000 | 45,896,000 |
| Total capital | 45,320,000 | 46,396,000 | 47,274,000 | 50,337,000 |
| Risk-weighted assets | 341,947,000 | 352,283,000 | 345,209,000 | 351,692,000 |