Call reports 2017
GRAND RIDGE NATIONAL BANK — 2017
What GRAND RIDGE NATIONAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 145,694,000 | 154,858,000 | 166,072,000 | 172,295,000 |
| Total loans | 123,063,000 | 132,339,000 | 139,849,000 | 144,502,000 |
| Allowance for loan losses | 860,000 | 860,000 | 860,000 | 1,002,000 |
| Securities available for sale | 2,627,000 | 1,844,000 | 1,752,000 | 1,603,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 124,853,000 | 133,558,000 | 143,784,000 | 150,443,000 |
| Interest-bearing deposits | 103,951,000 | 110,515,000 | 119,507,000 | 122,997,000 |
| Noninterest-bearing deposits | 20,902,000 | 23,043,000 | 24,277,000 | 27,446,000 |
| Equity capital | 19,787,000 | 20,336,000 | 20,947,000 | 21,340,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,229,000 | 4,489,000 | 6,848,000 | 9,400,000 |
| Interest expense | 147,000 | 317,000 | 529,000 | 777,000 |
| Net interest income | 2,082,000 | 4,172,000 | 6,319,000 | 8,623,000 |
| Noninterest income | 87,000 | 194,000 | 301,000 | 759,000 |
| Noninterest expense | 1,170,000 | 2,375,000 | 3,589,000 | 4,931,000 |
| Provision for loan losses | 0 | 0 | 0 | 142,000 |
| Pretax income | 999,000 | 1,991,000 | 3,031,000 | 4,310,000 |
| Income tax | 391,000 | 780,000 | 1,205,000 | 1,898,000 |
| Net income | 608,000 | 1,211,000 | 1,826,000 | 2,412,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,376,000 | 18,948,000 | 19,579,000 | 20,114,000 |
| Total capital | 19,236,000 | 19,808,000 | 20,439,000 | 21,116,000 |
| Risk-weighted assets | 120,798,000 | 129,793,000 | 133,935,000 | 139,864,000 |