Call reports 2021
GRAND RIVER BANK — 2021
What GRAND RIVER BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 459,515,000 | 464,868,000 | 496,914,000 | 489,326,000 |
| Total loans | 377,395,000 | 384,938,000 | 375,337,000 | 383,258,000 |
| Allowance for loan losses | 4,770,000 | 4,770,000 | 4,866,000 | 4,866,000 |
| Securities available for sale | 16,402,000 | 16,414,000 | 15,697,000 | 18,100,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 405,197,000 | 414,533,000 | 445,294,000 | 436,831,000 |
| Interest-bearing deposits | 299,731,000 | 298,972,000 | 335,021,000 | 328,574,000 |
| Noninterest-bearing deposits | 105,466,000 | 115,561,000 | 110,273,000 | 108,257,000 |
| Equity capital | 41,707,000 | 42,566,000 | 43,797,000 | 44,311,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,869,000 | 7,677,000 | 12,066,000 | 16,086,000 |
| Interest expense | 596,000 | 1,122,000 | 1,611,000 | 2,043,000 |
| Net interest income | 3,273,000 | 6,555,000 | 10,455,000 | 14,043,000 |
| Noninterest income | 1,254,000 | 2,018,000 | 2,660,000 | 3,180,000 |
| Noninterest expense | 2,742,000 | 5,708,000 | 8,564,000 | 11,895,000 |
| Provision for loan losses | 64,000 | 64,000 | 160,000 | 160,000 |
| Pretax income | 1,721,000 | 2,801,000 | 4,391,000 | 5,168,000 |
| Income tax | 370,000 | 602,000 | 944,000 | 1,111,000 |
| Net income | 1,351,000 | 2,199,000 | 3,447,000 | 4,057,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,724,000 | 42,571,000 | 43,819,000 | 44,430,000 |
| Total capital | 45,824,000 | 47,107,000 | 48,533,000 | 49,296,000 |
| Risk-weighted assets | 327,310,000 | 362,664,000 | 376,977,000 | 398,706,000 |