Call reports 2022
GRAND RIVER BANK — 2022
What GRAND RIVER BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 476,741,000 | 511,323,000 | 527,438,000 | 530,065,000 |
| Total loans | 392,441,000 | 413,727,000 | 433,223,000 | 461,749,000 |
| Allowance for loan losses | 4,866,000 | 5,191,000 | 5,486,000 | 5,928,000 |
| Securities available for sale | 17,782,000 | 16,373,000 | 15,197,000 | 15,037,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 425,955,000 | 457,066,000 | 473,415,000 | 466,997,000 |
| Interest-bearing deposits | 318,433,000 | 323,334,000 | 342,871,000 | 341,574,000 |
| Noninterest-bearing deposits | 107,522,000 | 133,732,000 | 130,544,000 | 125,423,000 |
| Equity capital | 43,522,000 | 46,892,000 | 46,152,000 | 44,749,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,867,000 | 8,119,000 | 13,212,000 | 19,072,000 |
| Interest expense | 376,000 | 874,000 | 1,676,000 | 3,601,000 |
| Net interest income | 3,491,000 | 7,245,000 | 11,536,000 | 15,471,000 |
| Noninterest income | 272,000 | 562,000 | 803,000 | 1,135,000 |
| Noninterest expense | 3,501,000 | 7,094,000 | 11,658,000 | 17,462,000 |
| Provision for loan losses | 0 | 325,000 | 620,000 | 1,063,000 |
| Pretax income | 262,000 | 388,000 | 61,000 | -1,919,000 |
| Income tax | 53,000 | 74,000 | -16,000 | -447,000 |
| Net income | 209,000 | 314,000 | 77,000 | -1,472,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,638,000 | 48,744,000 | 48,506,000 | 46,958,000 |
| Total capital | 49,504,000 | 53,935,000 | 53,992,000 | 52,886,000 |
| Risk-weighted assets | 407,076,000 | 432,134,000 | 453,358,000 | 477,427,000 |