Call reports 2011
GROVE BANK — 2011
What GROVE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 23,149,000 | 21,671,000 | 22,056,000 | 21,539,000 |
| Total loans | 13,934,000 | 14,577,000 | 14,703,000 | 14,421,000 |
| Allowance for loan losses | 238,000 | 296,000 | 325,000 | 322,000 |
| Securities available for sale | 1,664,000 | 1,683,000 | 1,683,000 | 1,224,000 |
| Securities held to maturity | 35,000 | 35,000 | 35,000 | 35,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,917,000 | 17,387,000 | 17,730,000 | 17,205,000 |
| Interest-bearing deposits | 15,888,000 | 14,445,000 | 14,235,000 | 13,526,000 |
| Noninterest-bearing deposits | 3,029,000 | 2,942,000 | 3,495,000 | 3,679,000 |
| Equity capital | 4,185,000 | 4,238,000 | 4,291,000 | 4,296,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 280,000 | 568,000 | 865,000 | 1,139,000 |
| Interest expense | 61,000 | 117,000 | 164,000 | 209,000 |
| Net interest income | 219,000 | 451,000 | 701,000 | 930,000 |
| Noninterest income | 31,000 | 69,000 | 109,000 | 144,000 |
| Noninterest expense | 124,000 | 252,000 | 402,000 | 583,000 |
| Provision for loan losses | 0 | 58,000 | 87,000 | 133,000 |
| Pretax income | 126,000 | 210,000 | 321,000 | 358,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 126,000 | 210,000 | 321,000 | 358,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,159,000 | 4,193,000 | 4,247,000 | 4,262,000 |
| Total capital | 4,333,000 | 4,373,000 | 4,429,000 | 4,441,000 |
| Risk-weighted assets | 13,883,000 | 14,318,000 | 14,446,000 | 14,215,000 |