Call reports 2013
GROVE BANK — 2013
What GROVE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 23,549,000 | 23,552,000 | 23,516,000 | 24,467,000 |
| Total loans | 13,166,000 | 13,577,000 | 14,487,000 | 14,615,000 |
| Allowance for loan losses | 189,000 | 259,000 | 259,000 | 259,000 |
| Securities available for sale | 1,117,000 | 1,596,000 | 1,398,000 | 1,390,000 |
| Securities held to maturity | 205,000 | 205,000 | 205,000 | 205,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,923,000 | 18,958,000 | 18,884,000 | 19,782,000 |
| Interest-bearing deposits | 14,953,000 | 15,374,000 | 15,055,000 | 15,876,000 |
| Noninterest-bearing deposits | 3,970,000 | 3,584,000 | 3,829,000 | 3,906,000 |
| Equity capital | 4,593,000 | 4,539,000 | 4,595,000 | 4,664,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 249,000 | 496,000 | 751,000 | 1,003,000 |
| Interest expense | 35,000 | 69,000 | 99,000 | 128,000 |
| Net interest income | 214,000 | 427,000 | 652,000 | 875,000 |
| Noninterest income | 38,000 | 79,000 | 113,000 | 155,000 |
| Noninterest expense | 125,000 | 254,000 | 383,000 | 531,000 |
| Provision for loan losses | 25,000 | 95,000 | 95,000 | 95,000 |
| Pretax income | 102,000 | 157,000 | 287,000 | 404,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 102,000 | 157,000 | 287,000 | 404,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,574,000 | 4,539,000 | 4,594,000 | 4,671,000 |
| Total capital | 4,726,000 | 4,695,000 | 4,759,000 | 4,837,000 |
| Risk-weighted assets | 12,099,000 | 12,364,000 | 13,250,000 | 13,218,000 |