Call reports 2012
GRANDSOUTH BANK — 2012
What GRANDSOUTH BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 376,020,000 | 372,251,000 | 381,463,000 | 378,673,000 |
| Total loans | 304,522,000 | 305,197,000 | 303,225,000 | 296,277,000 |
| Allowance for loan losses | 6,712,000 | 5,688,000 | 4,812,000 | 4,868,000 |
| Securities available for sale | 35,122,000 | 27,317,000 | 25,397,000 | 26,836,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 305,168,000 | 300,972,000 | 310,552,000 | 307,054,000 |
| Interest-bearing deposits | 277,291,000 | 275,991,000 | 284,479,000 | 274,264,000 |
| Noninterest-bearing deposits | 27,877,000 | 24,980,000 | 26,073,000 | 32,790,000 |
| Equity capital | 45,223,000 | 45,700,000 | 45,235,000 | 46,034,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 5,398,000 | 10,512,000 | 15,589,000 | 20,843,000 |
| Interest expense | 765,000 | 1,478,000 | 2,203,000 | 2,893,000 |
| Net interest income | 4,633,000 | 9,034,000 | 13,386,000 | 17,950,000 |
| Noninterest income | -436,000 | -165,000 | -842,000 | -773,000 |
| Noninterest expense | 2,279,000 | 4,621,000 | 7,129,000 | 9,880,000 |
| Provision for loan losses | 750,000 | 1,700,000 | 3,150,000 | 3,900,000 |
| Pretax income | 1,241,000 | 2,624,000 | 2,341,000 | 3,473,000 |
| Income tax | 179,000 | 622,000 | 456,000 | 813,000 |
| Net income | 1,062,000 | 2,002,000 | 1,885,000 | 2,660,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,653,000 | 44,093,000 | 43,605,000 | 44,542,000 |
| Total capital | 47,310,000 | 47,692,000 | 47,170,000 | 48,045,000 |
| Risk-weighted assets | 289,502,000 | 285,853,000 | 284,277,000 | 278,834,000 |