Call reports 2006
GRANDSOUTH BANK — 2006
What GRANDSOUTH BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 250,995,000 | 289,904,000 | 300,092,000 | 299,972,000 |
| Total loans | 203,818,000 | 217,292,000 | 226,583,000 | 226,761,000 |
| Allowance for loan losses | 3,249,000 | 2,426,000 | 2,392,000 | 2,423,000 |
| Securities available for sale | 27,480,000 | 38,489,000 | 44,824,000 | 41,646,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 220,692,000 | 255,306,000 | 265,921,000 | 271,519,000 |
| Interest-bearing deposits | 205,951,000 | 235,419,000 | 245,016,000 | 253,708,000 |
| Noninterest-bearing deposits | 14,741,000 | 19,887,000 | 20,905,000 | 17,810,000 |
| Equity capital | 19,803,000 | 24,156,000 | 25,092,000 | 25,799,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 5,162,000 | 10,852,000 | 17,100,000 | 23,611,000 |
| Interest expense | 1,974,000 | 4,513,000 | 7,374,000 | 10,346,000 |
| Net interest income | 3,188,000 | 6,339,000 | 9,726,000 | 13,265,000 |
| Noninterest income | 135,000 | 298,000 | 588,000 | 747,000 |
| Noninterest expense | 1,671,000 | 3,516,000 | 5,483,000 | 7,322,000 |
| Provision for loan losses | 220,000 | 305,000 | 555,000 | 1,110,000 |
| Pretax income | 1,432,000 | 2,816,000 | 4,276,000 | 5,580,000 |
| Income tax | 461,000 | 917,000 | 1,413,000 | 1,949,000 |
| Net income | 971,000 | 1,899,000 | 2,863,000 | 3,631,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,490,000 | 23,917,000 | 24,631,000 | 25,200,000 |
| Total capital | 22,143,000 | 26,343,000 | 27,023,000 | 27,623,000 |
| Risk-weighted assets | 212,658,000 | 241,695,000 | 240,722,000 | 244,434,000 |
Machine access — free, no API key
Every figure shown here about GRANDSOUTH BANK — 2006 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.