Call reports 2015
GRAND RIVER BANK — 2015
What GRAND RIVER BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 136,088,000 | 148,743,000 | 150,804,000 | 159,660,000 |
| Total loans | 122,678,000 | 135,629,000 | 137,483,000 | 146,352,000 |
| Allowance for loan losses | 1,513,000 | 1,639,000 | 1,684,000 | 1,760,000 |
| Securities available for sale | 5,903,000 | 5,588,000 | 5,404,000 | 5,136,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,714,000 | 125,427,000 | 132,883,000 | 137,483,000 |
| Interest-bearing deposits | 97,534,000 | 104,021,000 | 109,685,000 | 111,088,000 |
| Noninterest-bearing deposits | 21,180,000 | 21,406,000 | 23,198,000 | 26,395,000 |
| Equity capital | 14,500,000 | 14,498,000 | 14,797,000 | 14,926,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,322,000 | 2,749,000 | 4,270,000 | 5,865,000 |
| Interest expense | 209,000 | 436,000 | 680,000 | 933,000 |
| Net interest income | 1,113,000 | 2,313,000 | 3,590,000 | 4,932,000 |
| Noninterest income | 264,000 | 465,000 | 796,000 | 1,065,000 |
| Noninterest expense | 1,153,000 | 2,379,000 | 3,683,000 | 5,069,000 |
| Provision for loan losses | 89,000 | 215,000 | 260,000 | 336,000 |
| Pretax income | 135,000 | 184,000 | 443,000 | 592,000 |
| Income tax | 5,000 | 10,000 | 10,000 | 0 |
| Net income | 130,000 | 174,000 | 433,000 | 592,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,476,000 | 14,521,000 | 14,780,000 | 14,939,000 |
| Total capital | 15,989,000 | 16,160,000 | 16,464,000 | 16,699,000 |
| Risk-weighted assets | 122,797,000 | 133,695,000 | 135,550,000 | 145,597,000 |