Call reports 2018
GROVE BANK — 2018
What GROVE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 24,941,000 | 25,017,000 | 23,763,000 | 24,917,000 |
| Total loans | 15,122,000 | 15,444,000 | 15,195,000 | 15,441,000 |
| Allowance for loan losses | 166,000 | 101,000 | 104,000 | 106,000 |
| Securities available for sale | 893,000 | 892,000 | 892,000 | 894,000 |
| Securities held to maturity | 105,000 | 105,000 | 105,000 | 105,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,361,000 | 19,462,000 | 18,151,000 | 19,311,000 |
| Interest-bearing deposits | 15,067,000 | 14,950,000 | 14,055,000 | 15,022,000 |
| Noninterest-bearing deposits | 4,294,000 | 4,512,000 | 4,096,000 | 4,289,000 |
| Equity capital | 5,564,000 | 5,536,000 | 5,580,000 | 5,598,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 253,000 | 505,000 | 749,000 | 1,011,000 |
| Interest expense | 18,000 | 36,000 | 56,000 | 80,000 |
| Net interest income | 235,000 | 469,000 | 693,000 | 931,000 |
| Noninterest income | 26,000 | 54,000 | 90,000 | 118,000 |
| Noninterest expense | 141,000 | 317,000 | 505,000 | 696,000 |
| Provision for loan losses | 0 | -64,000 | -64,000 | -64,000 |
| Pretax income | 120,000 | 270,000 | 342,000 | 417,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 120,000 | 270,000 | 342,000 | 417,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,570,000 | 5,542,000 | 5,585,000 | 5,603,000 |
| Total capital | 5,736,000 | 5,643,000 | 5,689,000 | 5,709,000 |
| Risk-weighted assets | 13,505,000 | 13,761,000 | 12,966,000 | 13,523,000 |