Call reports 2012
GRAND RIVER BANK — 2012
What GRAND RIVER 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 | 79,568,000 | 89,395,000 | 94,333,000 | 99,786,000 |
| Total loans | 71,890,000 | 78,910,000 | 87,540,000 | 89,786,000 |
| Allowance for loan losses | 842,000 | 940,000 | 1,019,000 | 1,079,000 |
| Securities available for sale | 4,985,000 | 4,890,000 | 4,234,000 | 4,604,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,539,000 | 76,021,000 | 81,586,000 | 88,567,000 |
| Interest-bearing deposits | 62,259,000 | 66,653,000 | 71,405,000 | 75,912,000 |
| Noninterest-bearing deposits | 7,280,000 | 9,368,000 | 10,181,000 | 12,655,000 |
| Equity capital | 9,800,000 | 9,562,000 | 9,461,000 | 9,391,000 |
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 | 897,000 | 1,847,000 | 2,860,000 | 3,925,000 |
| Interest expense | 191,000 | 385,000 | 591,000 | 800,000 |
| Net interest income | 706,000 | 1,462,000 | 2,269,000 | 3,125,000 |
| Noninterest income | 42,000 | 79,000 | 189,000 | 344,000 |
| Noninterest expense | 785,000 | 1,730,000 | 2,682,000 | 3,694,000 |
| Provision for loan losses | 73,000 | 171,000 | 250,000 | 310,000 |
| Pretax income | -76,000 | -326,000 | -439,000 | -496,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -76,000 | -326,000 | -439,000 | -496,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,778,000 | 9,528,000 | 9,415,000 | 9,358,000 |
| Total capital | 10,620,000 | 10,468,000 | 10,434,000 | 10,437,000 |
| Risk-weighted assets | 70,679,000 | 77,363,000 | 84,821,000 | 86,631,000 |