Call reports 2016
GRAND RIVER BANK — 2016
What GRAND RIVER BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 181,321,000 | 187,857,000 | 193,687,000 | 195,377,000 |
| Total loans | 155,185,000 | 172,569,000 | 179,343,000 | 179,230,000 |
| Allowance for loan losses | 1,832,000 | 2,026,000 | 2,102,000 | 2,126,000 |
| Securities available for sale | 4,979,000 | 5,811,000 | 5,498,000 | 5,041,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 160,214,000 | 161,037,000 | 166,029,000 | 169,977,000 |
| Interest-bearing deposits | 133,942,000 | 132,155,000 | 135,391,000 | 135,945,000 |
| Noninterest-bearing deposits | 26,272,000 | 28,882,000 | 30,638,000 | 34,032,000 |
| Equity capital | 16,301,000 | 19,441,000 | 19,729,000 | 19,953,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,633,000 | 3,417,000 | 5,316,000 | 7,218,000 |
| Interest expense | 264,000 | 570,000 | 906,000 | 1,247,000 |
| Net interest income | 1,369,000 | 2,847,000 | 4,410,000 | 5,971,000 |
| Noninterest income | 333,000 | 869,000 | 1,376,000 | 1,734,000 |
| Noninterest expense | 1,500,000 | 3,111,000 | 4,692,000 | 6,179,000 |
| Provision for loan losses | 72,000 | 266,000 | 342,000 | 366,000 |
| Pretax income | 130,000 | 339,000 | 752,000 | 1,160,000 |
| Income tax | -1,203,000 | -1,132,000 | -992,000 | -923,000 |
| Net income | 1,333,000 | 1,471,000 | 1,744,000 | 2,083,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,686,000 | 18,893,000 | 19,303,000 | 19,809,000 |
| Total capital | 17,518,000 | 20,919,000 | 21,405,000 | 21,935,000 |
| Risk-weighted assets | 155,489,000 | 172,683,000 | 172,822,000 | 174,165,000 |