Call reports 2015
GROVE BANK — 2015
What GROVE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 24,025,000 | 24,006,000 | 24,862,000 | 25,585,000 |
| Total loans | 14,091,000 | 14,596,000 | 15,787,000 | 15,368,000 |
| Allowance for loan losses | 259,000 | 260,000 | 260,000 | 261,000 |
| Securities available for sale | 2,470,000 | 2,462,000 | 2,219,000 | 2,207,000 |
| Securities held to maturity | 450,000 | 450,000 | 450,000 | 450,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,016,000 | 19,046,000 | 19,833,000 | 20,547,000 |
| Interest-bearing deposits | 15,653,000 | 15,587,000 | 16,213,000 | 17,009,000 |
| Noninterest-bearing deposits | 3,363,000 | 3,459,000 | 3,620,000 | 3,538,000 |
| Equity capital | 4,990,000 | 4,925,000 | 4,987,000 | 5,027,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 219,000 | 451,000 | 694,000 | 936,000 |
| Interest expense | 23,000 | 45,000 | 67,000 | 87,000 |
| Net interest income | 196,000 | 406,000 | 627,000 | 849,000 |
| Noninterest income | 33,000 | 66,000 | 96,000 | 128,000 |
| Noninterest expense | 140,000 | 313,000 | 475,000 | 640,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 89,000 | 159,000 | 248,000 | 337,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 89,000 | 159,000 | 248,000 | 337,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,972,000 | 4,914,000 | 4,968,000 | 5,020,000 |
| Total capital | 5,145,000 | 5,087,000 | 5,148,000 | 5,201,000 |
| Risk-weighted assets | 13,760,000 | 13,759,000 | 14,337,000 | 14,427,000 |