Call reports 2022
GRAND BANK — 2022
What GRAND BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 518,699,000 | 535,502,000 | 530,562,000 | 554,293,000 |
| Total loans | 394,838,000 | 410,129,000 | 411,209,000 | 444,520,000 |
| Allowance for loan losses | 8,184,000 | 8,278,000 | 8,449,000 | 8,509,000 |
| Securities available for sale | 79,458,000 | 77,430,000 | 74,751,000 | 73,288,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 445,024,000 | 445,586,000 | 468,727,000 | 460,031,000 |
| Interest-bearing deposits | 267,862,000 | 286,648,000 | 282,482,000 | 289,449,000 |
| Noninterest-bearing deposits | 177,162,000 | 158,938,000 | 186,245,000 | 170,582,000 |
| Equity capital | 49,519,000 | 45,474,000 | 44,889,000 | 47,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 4,924,000 | 10,350,000 | 16,399,000 | 22,755,000 |
| Interest expense | 216,000 | 525,000 | 1,003,000 | 2,026,000 |
| Net interest income | 4,708,000 | 9,825,000 | 15,396,000 | 20,729,000 |
| Noninterest income | 225,000 | 554,000 | 849,000 | 1,944,000 |
| Noninterest expense | 2,656,000 | 5,409,000 | 8,540,000 | 11,783,000 |
| Provision for loan losses | 60,000 | 104,000 | 131,000 | 191,000 |
| Pretax income | 2,217,000 | 4,866,000 | 7,574,000 | 10,699,000 |
| Income tax | 510,000 | 1,044,000 | 1,653,000 | 2,160,000 |
| Net income | 1,707,000 | 3,822,000 | 5,921,000 | 8,539,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,374,000 | 52,489,000 | 54,591,000 | 56,207,000 |
| Total capital | 56,627,000 | 58,061,000 | 60,187,000 | 62,148,000 |
| Risk-weighted assets | 417,344,000 | 443,064,000 | 444,867,000 | 472,729,000 |