Call reports 2018
GRAND RIDGE NATIONAL BANK — 2018
What GRAND RIDGE NATIONAL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 177,725,000 | 181,844,000 | 189,980,000 | 200,493,000 |
| Total loans | 147,786,000 | 153,414,000 | 162,605,000 | 170,792,000 |
| Allowance for loan losses | 1,002,000 | 877,000 | 877,000 | 1,025,000 |
| Securities available for sale | 1,308,000 | 1,226,000 | 757,000 | 702,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 154,646,000 | 157,326,000 | 165,264,000 | 175,890,000 |
| Interest-bearing deposits | 125,861,000 | 121,470,000 | 129,045,000 | 133,299,000 |
| Noninterest-bearing deposits | 28,785,000 | 35,856,000 | 36,219,000 | 42,591,000 |
| Equity capital | 22,043,000 | 22,725,000 | 23,531,000 | 24,220,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,491,000 | 5,234,000 | 8,160,000 | 11,232,000 |
| Interest expense | 275,000 | 565,000 | 880,000 | 1,251,000 |
| Net interest income | 2,216,000 | 4,669,000 | 7,280,000 | 9,981,000 |
| Noninterest income | 90,000 | 192,000 | 313,000 | 459,000 |
| Noninterest expense | 1,248,000 | 2,643,000 | 4,109,000 | 5,634,000 |
| Provision for loan losses | 0 | 0 | 0 | 190,000 |
| Pretax income | 1,058,000 | 2,218,000 | 3,484,000 | 4,616,000 |
| Income tax | 304,000 | 637,000 | 1,001,000 | 1,302,000 |
| Net income | 754,000 | 1,581,000 | 2,483,000 | 3,314,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,734,000 | 21,439,000 | 22,262,000 | 22,978,000 |
| Total capital | 21,736,000 | 22,316,000 | 23,139,000 | 24,003,000 |
| Risk-weighted assets | 140,467,000 | 149,147,000 | 154,787,000 | 162,506,000 |