Call reports 2001
GROVE BANK — 2001
What GROVE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 14,975,000 | 14,902,000 | 15,560,000 | 15,708,000 |
| Total loans | 9,360,000 | 9,658,000 | 9,529,000 | 8,887,000 |
| Allowance for loan losses | 198,000 | 197,000 | 192,000 | 192,000 |
| Securities available for sale | 2,883,000 | 3,487,000 | 2,704,000 | 3,659,000 |
| Securities held to maturity | 175,000 | 175,000 | 175,000 | 175,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,888,000 | 11,762,000 | 12,295,000 | 12,650,000 |
| Interest-bearing deposits | 10,319,000 | 10,191,000 | 10,319,000 | 10,651,000 |
| Noninterest-bearing deposits | 1,569,000 | 1,571,000 | 1,976,000 | 1,999,000 |
| Equity capital | 2,927,000 | 2,925,000 | 3,001,000 | 2,953,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 301,000 | 601,000 | 905,000 | 1,180,000 |
| Interest expense | 108,000 | 216,000 | 321,000 | 412,000 |
| Net interest income | 193,000 | 385,000 | 584,000 | 768,000 |
| Noninterest income | 22,000 | 46,000 | 72,000 | 101,000 |
| Noninterest expense | 170,000 | 333,000 | 504,000 | 725,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 45,000 | 98,000 | 152,000 | 144,000 |
| Income tax | 6,000 | 13,000 | 0 | 0 |
| Net income | 39,000 | 85,000 | 152,000 | 144,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,901,000 | 2,891,000 | 2,942,000 | 2,933,000 |
| Total capital | 3,033,000 | 3,018,000 | 3,077,000 | 3,057,000 |
| Risk-weighted assets | 10,510,000 | 10,075,000 | 10,740,000 | 9,842,000 |