Call reports 2024
GRAND RIDGE NATIONAL BANK — 2024
What GRAND RIDGE NATIONAL BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 366,106,000 | 374,533,000 | 377,032,000 | 382,958,000 |
| Total loans | 289,462,000 | 300,832,000 | 301,335,000 | 299,933,000 |
| Allowance for loan losses | 3,417,000 | 3,416,000 | 3,436,000 | 3,428,000 |
| Securities available for sale | 104,000 | 98,000 | 96,000 | 88,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 315,997,000 | 323,513,000 | 324,186,000 | 329,269,000 |
| Interest-bearing deposits | 227,166,000 | 229,745,000 | 241,010,000 | 252,778,000 |
| Noninterest-bearing deposits | 88,831,000 | 93,768,000 | 83,176,000 | 76,491,000 |
| Equity capital | 48,938,000 | 48,957,000 | 50,283,000 | 51,880,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 6,202,000 | 13,265,000 | 20,041,000 | 27,391,000 |
| Interest expense | 1,782,000 | 3,908,000 | 6,110,000 | 8,244,000 |
| Net interest income | 4,420,000 | 9,357,000 | 13,931,000 | 19,147,000 |
| Noninterest income | 124,000 | 242,000 | 386,000 | 542,000 |
| Noninterest expense | 2,656,000 | 5,826,000 | 8,665,000 | 11,841,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,888,000 | 3,773,000 | 5,652,000 | 7,848,000 |
| Income tax | 573,000 | 1,140,000 | 1,694,000 | 2,292,000 |
| Net income | 1,315,000 | 2,633,000 | 3,958,000 | 5,556,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,900,000 | 47,926,000 | 49,259,000 | 50,865,000 |