Call reports 2017
GROVE BANK — 2017
What GROVE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 23,743,000 | 23,584,000 | 25,534,000 | 25,696,000 |
| Total loans | 15,753,000 | 16,229,000 | 16,559,000 | 16,335,000 |
| Allowance for loan losses | 150,000 | 153,000 | 158,000 | 162,000 |
| Securities available for sale | 1,154,000 | 1,154,000 | 903,000 | 897,000 |
| Securities held to maturity | 205,000 | 205,000 | 205,000 | 205,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,408,000 | 18,209,000 | 20,097,000 | 20,237,000 |
| Interest-bearing deposits | 14,498,000 | 14,192,000 | 15,502,000 | 15,728,000 |
| Noninterest-bearing deposits | 3,910,000 | 4,017,000 | 4,595,000 | 4,509,000 |
| Equity capital | 5,319,000 | 5,347,000 | 5,404,000 | 5,449,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 226,000 | 470,000 | 718,000 | 971,000 |
| Interest expense | 17,000 | 36,000 | 53,000 | 71,000 |
| Net interest income | 209,000 | 434,000 | 665,000 | 900,000 |
| Noninterest income | 22,000 | 52,000 | 75,000 | 101,000 |
| Noninterest expense | 146,000 | 299,000 | 437,000 | 625,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 85,000 | 187,000 | 303,000 | 376,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 85,000 | 187,000 | 303,000 | 376,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,315,000 | 5,341,000 | 5,399,000 | 5,450,000 |
| Total capital | 5,465,000 | 5,494,000 | 5,557,000 | 5,612,000 |
| Risk-weighted assets | 14,099,000 | 14,146,000 | 14,916,000 | 14,480,000 |