Call reports 2009
GROVE BANK — 2009
What GROVE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 18,024,000 | 19,548,000 | 21,293,000 | 21,401,000 |
| Total loans | 13,011,000 | 13,426,000 | 13,914,000 | 13,825,000 |
| Allowance for loan losses | 225,000 | 224,000 | 287,000 | 237,000 |
| Securities available for sale | 2,482,000 | 1,866,000 | 1,871,000 | 1,001,000 |
| Securities held to maturity | 85,000 | 85,000 | 85,000 | 85,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,849,000 | 15,349,000 | 17,095,000 | 17,273,000 |
| Interest-bearing deposits | 11,615,000 | 13,253,000 | 14,574,000 | 14,834,000 |
| Noninterest-bearing deposits | 2,234,000 | 2,096,000 | 2,521,000 | 2,439,000 |
| Equity capital | 4,104,000 | 4,102,000 | 4,098,000 | 4,081,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 288,000 | 582,000 | 860,000 | 1,151,000 |
| Interest expense | 68,000 | 132,000 | 198,000 | 269,000 |
| Net interest income | 220,000 | 450,000 | 662,000 | 882,000 |
| Noninterest income | 33,000 | 80,000 | 118,000 | 152,000 |
| Noninterest expense | 141,000 | 302,000 | 451,000 | 612,000 |
| Provision for loan losses | 0 | 0 | 60,000 | 160,000 |
| Pretax income | 112,000 | 228,000 | 269,000 | 262,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 112,000 | 228,000 | 269,000 | 262,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,023,000 | 4,038,000 | 4,029,000 | 4,022,000 |
| Total capital | 4,184,000 | 4,205,000 | 4,207,000 | 4,199,000 |
| Risk-weighted assets | 12,802,000 | 13,319,000 | 14,119,000 | 14,127,000 |