Call reports 2014
GROVE BANK — 2014
What GROVE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 25,378,000 | 24,895,000 | 24,523,000 | 24,403,000 |
| Total loans | 13,227,000 | 13,041,000 | 14,240,000 | 13,890,000 |
| Allowance for loan losses | 259,000 | 259,000 | 259,000 | 259,000 |
| Securities available for sale | 2,201,000 | 2,603,000 | 2,596,000 | 2,201,000 |
| Securities held to maturity | 205,000 | 450,000 | 450,000 | 450,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,614,000 | 20,070,000 | 19,245,000 | 19,506,000 |
| Interest-bearing deposits | 15,924,000 | 16,351,000 | 15,940,000 | 16,426,000 |
| Noninterest-bearing deposits | 4,690,000 | 3,719,000 | 3,305,000 | 3,080,000 |
| Equity capital | 4,734,000 | 4,787,000 | 4,838,000 | 4,882,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 237,000 | 470,000 | 706,000 | 940,000 |
| Interest expense | 28,000 | 56,000 | 82,000 | 107,000 |
| Net interest income | 209,000 | 414,000 | 624,000 | 833,000 |
| Noninterest income | 28,000 | 64,000 | 105,000 | 138,000 |
| Noninterest expense | 127,000 | 275,000 | 418,000 | 584,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 110,000 | 203,000 | 311,000 | 387,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 110,000 | 203,000 | 311,000 | 387,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,740,000 | 4,786,000 | 4,844,000 | 4,883,000 |
| Total capital | 4,894,000 | 4,936,000 | 5,006,000 | 5,036,000 |
| Risk-weighted assets | 12,203,000 | 11,944,000 | 12,837,000 | 12,144,000 |