Call reports 2010
GRAND BANK & TRUST OF FLORIDA — 2010
What GRAND BANK & TRUST OF FLORIDA reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 491,503,000 | 490,938,000 | 463,480,000 | 451,252,000 |
| Total loans | 341,507,000 | 331,281,000 | 302,280,000 | 283,554,000 |
| Allowance for loan losses | 11,050,000 | 12,320,000 | 9,200,000 | 8,000,000 |
| Securities available for sale | 65,039,000 | 68,454,000 | 58,930,000 | 63,633,000 |
| Securities held to maturity | 8,825,000 | 8,825,000 | 8,825,000 | 8,825,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 416,697,000 | 420,253,000 | 398,036,000 | 396,529,000 |
| Interest-bearing deposits | 363,154,000 | 370,050,000 | 349,829,000 | 341,835,000 |
| Noninterest-bearing deposits | 53,543,000 | 50,203,000 | 48,207,000 | 54,694,000 |
| Equity capital | 42,593,000 | 41,057,000 | 38,327,000 | 25,306,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 4,982,000 | 9,919,000 | 14,442,000 | 18,723,000 |
| Interest expense | 1,672,000 | 3,242,000 | 4,710,000 | 6,088,000 |
| Net interest income | 3,310,000 | 6,677,000 | 9,732,000 | 12,635,000 |
| Noninterest income | 359,000 | 665,000 | 220,000 | 581,000 |
| Noninterest expense | 3,398,000 | 5,381,000 | 8,714,000 | 12,732,000 |
| Provision for loan losses | 3,891,000 | 8,899,000 | 12,862,000 | 15,923,000 |
| Pretax income | -3,615,000 | -6,571,000 | -11,192,000 | -15,007,000 |
| Income tax | -1,393,000 | -2,540,000 | -4,314,000 | 4,349,000 |
| Net income | -2,222,000 | -4,031,000 | -6,878,000 | -19,356,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,070,000 | 33,997,000 | 29,282,000 | 25,142,000 |
| Total capital | 42,762,000 | 38,488,000 | 33,317,000 | 28,969,000 |
| Risk-weighted assets | 369,024,000 | 351,482,000 | 317,643,000 | 301,960,000 |