Call reports 2021
GRAND BANK — 2021
What GRAND BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 467,118,000 | 470,973,000 | 485,071,000 | 482,271,000 |
| Total loans | 382,974,000 | 384,764,000 | 393,665,000 | 398,644,000 |
| Allowance for loan losses | 7,894,000 | 7,957,000 | 8,020,000 | 8,104,000 |
| Securities available for sale | 32,061,000 | 43,178,000 | 45,533,000 | 37,835,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 405,735,000 | 405,077,000 | 424,181,000 | 425,708,000 |
| Interest-bearing deposits | 287,270,000 | 277,340,000 | 277,804,000 | 250,481,000 |
| Noninterest-bearing deposits | 118,465,000 | 127,737,000 | 146,377,000 | 175,227,000 |
| Equity capital | 49,189,000 | 49,982,000 | 49,481,000 | 50,503,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 6,088,000 | 10,978,000 | 15,959,000 | 20,978,000 |
| Interest expense | 320,000 | 589,000 | 842,000 | 1,083,000 |
| Net interest income | 5,768,000 | 10,389,000 | 15,117,000 | 19,895,000 |
| Noninterest income | 192,000 | 399,000 | 639,000 | 794,000 |
| Noninterest expense | 2,472,000 | 5,067,000 | 7,726,000 | 10,949,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 3,428,000 | 5,601,000 | 7,850,000 | 9,470,000 |
| Income tax | 828,000 | 1,248,000 | 1,892,000 | 2,349,000 |
| Net income | 2,600,000 | 4,353,000 | 5,958,000 | 7,121,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,146,000 | 48,899,000 | 48,504,000 | 49,667,000 |
| Total capital | 52,706,000 | 53,544,000 | 53,240,000 | 54,770,000 |
| Risk-weighted assets | 361,437,000 | 368,293,000 | 375,573,000 | 405,249,000 |