Call reports 2007
GROVE BANK — 2007
What GROVE BANK 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 | 16,184,000 | 16,475,000 | 17,837,000 | 18,684,000 |
| Total loans | 10,589,000 | 11,599,000 | 11,152,000 | 10,910,000 |
| Allowance for loan losses | 234,000 | 231,000 | 231,000 | 230,000 |
| Securities available for sale | 4,201,000 | 4,183,000 | 3,835,000 | 4,880,000 |
| Securities held to maturity | 85,000 | 85,000 | 85,000 | 85,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 12,507,000 | 12,847,000 | 14,105,000 | 14,897,000 |
| Interest-bearing deposits | 10,304,000 | 10,663,000 | 11,826,000 | 12,015,000 |
| Noninterest-bearing deposits | 2,203,000 | 2,184,000 | 2,279,000 | 2,882,000 |
| Equity capital | 3,574,000 | 3,518,000 | 3,608,000 | 3,686,000 |
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 | 274,000 | 569,000 | 866,000 | 1,171,000 |
| Interest expense | 89,000 | 184,000 | 291,000 | 407,000 |
| Net interest income | 185,000 | 385,000 | 575,000 | 764,000 |
| Noninterest income | 31,000 | 66,000 | 97,000 | 133,000 |
| Noninterest expense | 121,000 | 255,000 | 392,000 | 539,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 95,000 | 196,000 | 280,000 | 358,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 95,000 | 196,000 | 280,000 | 358,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,637,000 | 3,599,000 | 3,637,000 | 3,665,000 |
| Total capital | 3,773,000 | 3,745,000 | 3,782,000 | 3,808,000 |
| Risk-weighted assets | 10,768,000 | 11,634,000 | 11,514,000 | 11,366,000 |