Call reports 2018
GRAND RIVER BANK — 2018
What GRAND RIVER BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 232,909,000 | 240,705,000 | 251,571,000 | 264,110,000 |
| Total loans | 217,634,000 | 226,902,000 | 227,895,000 | 239,858,000 |
| Allowance for loan losses | 2,498,000 | 2,590,000 | 2,530,000 | 2,641,000 |
| Securities available for sale | 3,828,000 | 3,584,000 | 4,352,000 | 6,847,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,986,000 | 206,182,000 | 216,752,000 | 228,816,000 |
| Interest-bearing deposits | 158,790,000 | 165,290,000 | 174,912,000 | 184,938,000 |
| Noninterest-bearing deposits | 40,196,000 | 40,892,000 | 41,840,000 | 43,878,000 |
| Equity capital | 25,999,000 | 26,358,000 | 26,773,000 | 27,138,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,389,000 | 4,897,000 | 7,543,000 | 10,414,000 |
| Interest expense | 474,000 | 1,007,000 | 1,673,000 | 2,482,000 |
| Net interest income | 1,915,000 | 3,890,000 | 5,870,000 | 7,932,000 |
| Noninterest income | 145,000 | 336,000 | 495,000 | 679,000 |
| Noninterest expense | 1,577,000 | 3,184,000 | 4,842,000 | 6,570,000 |
| Provision for loan losses | 130,000 | 222,000 | 162,000 | 273,000 |
| Pretax income | 353,000 | 820,000 | 1,361,000 | 1,768,000 |
| Income tax | 74,000 | 172,000 | 286,000 | 378,000 |
| Net income | 279,000 | 648,000 | 1,075,000 | 1,390,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,100,000 | 26,469,000 | 26,896,000 | 27,211,000 |
| Total capital | 28,598,000 | 29,059,000 | 29,426,000 | 29,852,000 |
| Risk-weighted assets | 227,786,000 | 240,926,000 | 238,605,000 | 242,814,000 |