Call reports 2024
BANK OF GRAND LAKE — 2024
What BANK OF GRAND LAKE 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 | 247,489,000 | 248,738,000 | 246,827,000 | 239,917,000 |
| Total loans | 148,718,000 | 147,411,000 | 148,119,000 | 149,168,000 |
| Allowance for loan losses | 1,080,000 | 994,000 | 979,000 | 967,000 |
| Securities available for sale | 9,614,000 | 0 | 0 | 0 |
| Securities held to maturity | 55,724,000 | 63,690,000 | 77,866,000 | 74,046,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 226,724,000 | 227,864,000 | 225,324,000 | 218,291,000 |
| Interest-bearing deposits | 200,088,000 | 200,561,000 | 198,922,000 | 193,963,000 |
| Noninterest-bearing deposits | 26,636,000 | 27,303,000 | 26,402,000 | 24,328,000 |
| Equity capital | 20,390,000 | 20,375,000 | 20,973,000 | 21,176,000 |
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 | 2,932,000 | 5,964,000 | 9,069,000 | 12,124,000 |
| Interest expense | 1,116,000 | 2,208,000 | 3,350,000 | 4,470,000 |
| Net interest income | 1,816,000 | 3,756,000 | 5,719,000 | 7,654,000 |
| Noninterest income | 119,000 | 271,000 | 320,000 | 439,000 |
| Noninterest expense | 1,252,000 | 2,478,000 | 3,692,000 | 4,943,000 |
| Provision for loan losses | 0 | -11,000 | -3,000 | -6,000 |
| Pretax income | 683,000 | 1,518,000 | 2,316,000 | 3,119,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 683,000 | 1,518,000 | 2,316,000 | 3,119,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,440,000 | 20,375,000 | 20,973,000 | 21,176,000 |
| Total capital | 21,521,000 | 21,381,000 | 21,955,000 | 22,149,000 |
| Risk-weighted assets | 135,158,000 | 132,935,000 | 131,200,000 | 131,586,000 |