Call reports 2008
GRAND MARSH STATE BANK — 2008
What GRAND MARSH STATE BANK 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 | 104,690,000 | 104,733,000 | 102,515,000 | 106,874,000 |
| Total loans | 59,713,000 | 59,221,000 | 60,616,000 | 62,329,000 |
| Allowance for loan losses | 607,000 | 612,000 | 617,000 | 592,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 33,001,000 | 27,314,000 | 37,441,000 | 32,696,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,092,000 | 87,840,000 | 84,419,000 | 90,905,000 |
| Interest-bearing deposits | 76,757,000 | 76,321,000 | 74,061,000 | 78,341,000 |
| Noninterest-bearing deposits | 11,335,000 | 11,519,000 | 10,358,000 | 12,564,000 |
| Equity capital | 16,198,000 | 16,629,000 | 16,983,000 | 15,697,000 |
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 | 1,554,000 | 2,993,000 | 4,331,000 | 5,678,000 |
| Interest expense | 628,000 | 1,150,000 | 1,632,000 | 2,074,000 |
| Net interest income | 926,000 | 1,843,000 | 2,699,000 | 3,604,000 |
| Noninterest income | 110,000 | 226,000 | 319,000 | 400,000 |
| Noninterest expense | 402,000 | 778,000 | 1,196,000 | 1,607,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 198,000 |
| Pretax income | 631,000 | 1,285,000 | 1,813,000 | 2,199,000 |
| Income tax | 193,000 | 416,000 | 590,000 | 662,000 |
| Net income | 438,000 | 869,000 | 1,223,000 | 1,537,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,198,000 | 16,629,000 | 16,983,000 | 15,697,000 |
| Total capital | 16,805,000 | 17,241,000 | 17,600,000 | 16,289,000 |
| Risk-weighted assets | 59,012,000 | 58,071,000 | 58,051,000 | 59,779,000 |