Call reports 2021
GRAND RIDGE NATIONAL BANK — 2021
What GRAND RIDGE NATIONAL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 288,869,000 | 302,134,000 | 304,205,000 | 304,222,000 |
| Total loans | 242,906,000 | 245,409,000 | 242,454,000 | 240,252,000 |
| Allowance for loan losses | 2,599,000 | 3,099,000 | 3,035,000 | 3,036,000 |
| Securities available for sale | 349,000 | 322,000 | 286,000 | 258,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 249,157,000 | 259,901,000 | 260,101,000 | 260,436,000 |
| Interest-bearing deposits | 172,278,000 | 188,022,000 | 185,524,000 | 185,850,000 |
| Noninterest-bearing deposits | 76,879,000 | 71,879,000 | 74,577,000 | 74,586,000 |
| Equity capital | 32,161,000 | 33,289,000 | 34,599,000 | 36,157,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,771,000 | 8,269,000 | 12,635,000 | 16,541,000 |
| Interest expense | 206,000 | 352,000 | 496,000 | 633,000 |
| Net interest income | 3,565,000 | 7,917,000 | 12,139,000 | 15,908,000 |
| Noninterest income | 89,000 | 172,000 | 270,000 | 1,038,000 |
| Noninterest expense | 1,950,000 | 4,304,000 | 6,775,000 | 9,079,000 |
| Provision for loan losses | 300,000 | 800,000 | 800,000 | 800,000 |
| Pretax income | 1,404,000 | 2,985,000 | 4,834,000 | 7,067,000 |
| Income tax | 401,000 | 854,000 | 1,392,000 | 2,064,000 |
| Net income | 1,003,000 | 2,131,000 | 3,442,000 | 5,003,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,016,000 | 32,155,000 | 33,475,000 | 35,036,000 |