Call reports 2016
GRAND RIDGE NATIONAL BANK — 2016
What GRAND RIDGE NATIONAL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 134,711,000 | 135,920,000 | 137,886,000 | 142,472,000 |
| Total loans | 106,841,000 | 113,712,000 | 112,522,000 | 118,573,000 |
| Allowance for loan losses | 860,000 | 860,000 | 860,000 | 860,000 |
| Securities available for sale | 5,447,000 | 4,419,000 | 3,983,000 | 2,722,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,015,000 | 116,719,000 | 117,869,000 | 122,640,000 |
| Interest-bearing deposits | 88,953,000 | 91,236,000 | 96,874,000 | 99,673,000 |
| Noninterest-bearing deposits | 27,062,000 | 25,483,000 | 20,995,000 | 22,967,000 |
| Equity capital | 18,036,000 | 18,513,000 | 18,971,000 | 19,277,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,884,000 | 3,821,000 | 5,755,000 | 7,812,000 |
| Interest expense | 86,000 | 186,000 | 309,000 | 452,000 |
| Net interest income | 1,798,000 | 3,635,000 | 5,446,000 | 7,360,000 |
| Noninterest income | 66,000 | 138,000 | 372,000 | 464,000 |
| Noninterest expense | 1,039,000 | 2,089,000 | 3,224,000 | 4,538,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 825,000 | 1,684,000 | 2,594,000 | 3,286,000 |
| Income tax | 320,000 | 653,000 | 1,006,000 | 1,273,000 |
| Net income | 505,000 | 1,031,000 | 1,588,000 | 2,013,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,464,000 | 16,955,000 | 17,416,000 | 17,754,000 |
| Total capital | 17,324,000 | 17,815,000 | 18,276,000 | 18,614,000 |
| Risk-weighted assets | 101,977,000 | 108,956,000 | 109,493,000 | 115,776,000 |