Call reports 2012
GROVE BANK — 2012
What GROVE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 22,630,000 | 21,260,000 | 22,707,000 | 22,788,000 |
| Total loans | 13,712,000 | 14,052,000 | 14,270,000 | 13,830,000 |
| Allowance for loan losses | 354,000 | 360,000 | 303,000 | 303,000 |
| Securities available for sale | 1,222,000 | 873,000 | 874,000 | 871,000 |
| Securities held to maturity | 35,000 | 35,000 | 35,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,204,000 | 16,877,000 | 18,217,000 | 18,258,000 |
| Interest-bearing deposits | 14,374,000 | 13,698,000 | 14,982,000 | 14,269,000 |
| Noninterest-bearing deposits | 3,830,000 | 3,179,000 | 3,235,000 | 3,989,000 |
| Equity capital | 4,373,000 | 4,328,000 | 4,438,000 | 4,496,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 277,000 | 549,000 | 820,000 | 1,093,000 |
| Interest expense | 39,000 | 78,000 | 115,000 | 152,000 |
| Net interest income | 238,000 | 471,000 | 705,000 | 941,000 |
| Noninterest income | 36,000 | 68,000 | 117,000 | 169,000 |
| Noninterest expense | 161,000 | 319,000 | 489,000 | 681,000 |
| Provision for loan losses | 32,000 | 91,000 | 91,000 | 91,000 |
| Pretax income | 81,000 | 129,000 | 242,000 | 338,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 81,000 | 129,000 | 242,000 | 338,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,343,000 | 4,301,000 | 4,411,000 | 4,472,000 |
| Total capital | 4,517,000 | 4,471,000 | 4,584,000 | 4,643,000 |
| Risk-weighted assets | 13,717,000 | 13,679,000 | 13,749,000 | 13,559,000 |