Call reports 2020
GRAND RIDGE NATIONAL BANK — 2020
What GRAND RIDGE NATIONAL BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 211,017,000 | 259,496,000 | 265,381,000 | 281,091,000 |
| Total loans | 179,026,000 | 220,841,000 | 222,380,000 | 231,457,000 |
| Allowance for loan losses | 1,056,000 | 1,257,000 | 1,313,000 | 2,298,000 |
| Securities available for sale | 489,000 | 459,000 | 410,000 | 374,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 181,879,000 | 224,070,000 | 228,502,000 | 243,546,000 |
| Interest-bearing deposits | 140,666,000 | 162,563,000 | 166,624,000 | 177,609,000 |
| Noninterest-bearing deposits | 41,213,000 | 61,507,000 | 61,878,000 | 65,937,000 |
| Equity capital | 28,403,000 | 29,626,000 | 30,835,000 | 31,159,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,368,000 | 7,675,000 | 11,607,000 | 15,349,000 |
| Interest expense | 469,000 | 821,000 | 1,141,000 | 1,405,000 |
| Net interest income | 2,899,000 | 6,854,000 | 10,466,000 | 13,944,000 |
| Noninterest income | 94,000 | 193,000 | 281,000 | 360,000 |
| Noninterest expense | 1,499,000 | 3,639,000 | 5,583,000 | 7,760,000 |
| Provision for loan losses | 0 | 200,000 | 255,000 | 1,200,000 |
| Pretax income | 1,494,000 | 3,208,000 | 4,909,000 | 5,344,000 |
| Income tax | 442,000 | 938,000 | 1,430,000 | 1,541,000 |
| Net income | 1,052,000 | 2,270,000 | 3,479,000 | 3,803,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,226,000 | 28,461,000 | 29,677,000 | 30,002,000 |