Call reports 2008
GRAND BANK & TRUST OF FLORIDA — 2008
What GRAND BANK & TRUST OF FLORIDA reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 476,010,000 | 509,836,000 | 497,022,000 | 522,605,000 |
| Total loans | 367,632,000 | 372,776,000 | 387,460,000 | 408,341,000 |
| Allowance for loan losses | 3,750,000 | 4,100,000 | 4,800,000 | 5,600,000 |
| Securities available for sale | 71,183,000 | 74,798,000 | 68,586,000 | 72,325,000 |
| Securities held to maturity | 8,825,000 | 8,825,000 | 8,825,000 | 8,825,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 385,208,000 | 419,847,000 | 402,368,000 | 423,172,000 |
| Interest-bearing deposits | 323,249,000 | 359,185,000 | 340,017,000 | 371,229,000 |
| Noninterest-bearing deposits | 61,959,000 | 60,662,000 | 62,351,000 | 51,943,000 |
| Equity capital | 49,527,000 | 49,187,000 | 50,051,000 | 50,066,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 7,647,000 | 14,648,000 | 21,989,000 | 29,134,000 |
| Interest expense | 3,420,000 | 6,320,000 | 9,267,000 | 12,182,000 |
| Net interest income | 4,227,000 | 8,328,000 | 12,722,000 | 16,952,000 |
| Noninterest income | 728,000 | 1,450,000 | 2,032,000 | 2,707,000 |
| Noninterest expense | 3,690,000 | 7,211,000 | 10,754,000 | 14,115,000 |
| Provision for loan losses | 649,000 | 1,562,000 | 2,292,000 | 4,975,000 |
| Pretax income | 622,000 | 1,011,000 | 1,714,000 | 575,000 |
| Income tax | 186,000 | 281,000 | 492,000 | 54,000 |
| Net income | 436,000 | 730,000 | 1,222,000 | 521,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,511,000 | 49,814,000 | 50,318,000 | 49,628,000 |
| Total capital | 53,261,000 | 53,914,000 | 55,118,000 | 55,185,000 |
| Risk-weighted assets | 418,042,000 | 427,431,000 | 433,272,000 | 444,511,000 |