Call reports 2003
GRANDSOUTH BANK — 2003
What GRANDSOUTH BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 149,862,000 | 155,127,000 | 164,493,000 | 172,343,000 |
| Total loans | 115,736,000 | 129,179,000 | 138,430,000 | 150,396,000 |
| Allowance for loan losses | 1,529,000 | 1,678,000 | 1,774,000 | 2,345,000 |
| Securities available for sale | 15,548,000 | 16,507,000 | 15,660,000 | 13,829,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,540,000 | 132,549,000 | 138,211,000 | 146,491,000 |
| Interest-bearing deposits | 119,138,000 | 123,627,000 | 127,759,000 | 136,966,000 |
| Noninterest-bearing deposits | 8,402,000 | 8,922,000 | 10,452,000 | 9,525,000 |
| Equity capital | 12,737,000 | 12,983,000 | 12,995,000 | 12,979,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 2,143,000 | 4,288,000 | 6,413,000 | 8,603,000 |
| Interest expense | 853,000 | 1,650,000 | 2,397,000 | 3,175,000 |
| Net interest income | 1,290,000 | 2,638,000 | 4,016,000 | 5,428,000 |
| Noninterest income | 122,000 | 242,000 | 332,000 | 421,000 |
| Noninterest expense | 802,000 | 1,642,000 | 2,505,000 | 3,457,000 |
| Provision for loan losses | 239,000 | 439,000 | 589,000 | 1,339,000 |
| Pretax income | 371,000 | 799,000 | 1,254,000 | 1,143,000 |
| Income tax | 137,000 | 297,000 | 464,000 | 423,000 |
| Net income | 234,000 | 502,000 | 790,000 | 720,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,582,000 | 12,850,000 | 13,138,000 | 13,033,000 |
| Total capital | 14,111,000 | 14,488,000 | 14,902,000 | 14,925,000 |
| Risk-weighted assets | 123,856,000 | 130,989,000 | 141,112,000 | 150,899,000 |
Machine access — free, no API key
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