Call reports 2016
GROVE BANK — 2016
What GROVE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 24,376,000 | 23,949,000 | 23,367,000 | 23,555,000 |
| Total loans | 15,421,000 | 15,145,000 | 14,949,000 | 15,467,000 |
| Allowance for loan losses | 217,000 | 201,000 | 146,000 | 147,000 |
| Securities available for sale | 2,014,000 | 1,624,000 | 1,419,000 | 1,401,000 |
| Securities held to maturity | 205,000 | 205,000 | 205,000 | 205,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,222,000 | 18,726,000 | 18,133,000 | 18,312,000 |
| Interest-bearing deposits | 15,618,000 | 14,879,000 | 13,971,000 | 14,237,000 |
| Noninterest-bearing deposits | 3,604,000 | 3,846,000 | 4,162,000 | 4,075,000 |
| Equity capital | 5,137,000 | 5,190,000 | 5,195,000 | 5,232,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 244,000 | 484,000 | 706,000 | 938,000 |
| Interest expense | 20,000 | 40,000 | 59,000 | 77,000 |
| Net interest income | 224,000 | 444,000 | 647,000 | 861,000 |
| Noninterest income | 30,000 | 65,000 | 101,000 | 95,000 |
| Noninterest expense | 152,000 | 301,000 | 492,000 | 629,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 102,000 | 208,000 | 256,000 | 327,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 102,000 | 208,000 | 256,000 | 327,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,121,000 | 5,164,000 | 5,173,000 | 5,228,000 |
| Total capital | 5,297,000 | 5,333,000 | 5,319,000 | 5,375,000 |
| Risk-weighted assets | 14,070,000 | 13,512,000 | 13,304,000 | 13,922,000 |