Call reports 2007
GRAND BANK & TRUST OF FLORIDA — 2007
What GRAND BANK & TRUST OF FLORIDA reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 449,794,000 | 450,637,000 | 450,251,000 | 478,508,000 |
| Total loans | 342,981,000 | 350,961,000 | 363,225,000 | 379,716,000 |
| Allowance for loan losses | 4,475,000 | 4,530,000 | 4,335,000 | 4,800,000 |
| Securities available for sale | 61,511,000 | 54,697,000 | 48,603,000 | 63,267,000 |
| Securities held to maturity | 8,809,000 | 8,813,000 | 8,818,000 | 8,822,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 356,299,000 | 351,786,000 | 343,266,000 | 365,291,000 |
| Interest-bearing deposits | 287,166,000 | 280,524,000 | 281,114,000 | 309,394,000 |
| Noninterest-bearing deposits | 69,133,000 | 71,262,000 | 62,152,000 | 55,897,000 |
| Equity capital | 46,520,000 | 47,193,000 | 48,300,000 | 48,974,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 7,584,000 | 15,423,000 | 23,332,000 | 30,796,000 |
| Interest expense | 3,736,000 | 7,412,000 | 11,173,000 | 14,913,000 |
| Net interest income | 3,848,000 | 8,011,000 | 12,159,000 | 15,883,000 |
| Noninterest income | 622,000 | 1,299,000 | 1,983,000 | 2,659,000 |
| Noninterest expense | 3,499,000 | 7,121,000 | 10,628,000 | 13,804,000 |
| Provision for loan losses | 8,000 | 59,000 | 251,000 | 717,000 |
| Pretax income | 963,000 | 2,121,000 | 3,254,000 | 3,997,000 |
| Income tax | 282,000 | 640,000 | 984,000 | 1,196,000 |
| Net income | 681,000 | 1,481,000 | 2,270,000 | 2,801,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,930,000 | 47,737,000 | 48,532,000 | 49,066,000 |
| Total capital | 51,405,000 | 52,267,000 | 52,867,000 | 53,866,000 |
| Risk-weighted assets | 390,527,000 | 404,118,000 | 417,448,000 | 432,720,000 |