Call reports 2017
GRAND RIVER BANK — 2017
What GRAND RIVER BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 208,486,000 | 209,822,000 | 217,158,000 | 223,151,000 |
| Total loans | 181,280,000 | 194,795,000 | 197,172,000 | 204,889,000 |
| Allowance for loan losses | 2,163,000 | 2,294,000 | 2,360,000 | 2,368,000 |
| Securities available for sale | 4,856,000 | 4,651,000 | 4,408,000 | 4,128,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 185,478,000 | 173,830,000 | 183,308,000 | 189,303,000 |
| Interest-bearing deposits | 152,540,000 | 140,146,000 | 148,200,000 | 151,866,000 |
| Noninterest-bearing deposits | 32,938,000 | 33,684,000 | 35,108,000 | 37,437,000 |
| Equity capital | 20,162,000 | 25,413,000 | 25,758,000 | 25,758,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,929,000 | 4,009,000 | 6,227,000 | 8,476,000 |
| Interest expense | 350,000 | 716,000 | 1,114,000 | 1,553,000 |
| Net interest income | 1,579,000 | 3,293,000 | 5,113,000 | 6,923,000 |
| Noninterest income | 228,000 | 511,000 | 776,000 | 1,011,000 |
| Noninterest expense | 1,506,000 | 3,034,000 | 4,527,000 | 6,076,000 |
| Provision for loan losses | 37,000 | 168,000 | 234,000 | 242,000 |
| Pretax income | 264,000 | 602,000 | 1,128,000 | 1,616,000 |
| Income tax | 87,000 | 199,000 | 376,000 | 827,000 |
| Net income | 177,000 | 403,000 | 752,000 | 789,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,046,000 | 25,348,000 | 25,774,000 | 25,821,000 |
| Total capital | 22,209,000 | 27,642,000 | 28,134,000 | 28,189,000 |
| Risk-weighted assets | 178,457,000 | 195,099,000 | 193,904,000 | 205,586,000 |