Call reports 2023
GRAND TIMBER BANK — 2023
What GRAND TIMBER BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 55,340,000 | 60,362,000 | 58,872,000 | 60,250,000 |
| Total loans | 43,440,000 | 46,230,000 | 47,515,000 | 49,462,000 |
| Allowance for loan losses | 658,000 | 664,000 | 665,000 | 651,000 |
| Securities available for sale | 3,568,000 | 3,385,000 | 3,265,000 | 3,216,000 |
| Securities held to maturity | 2,511,000 | 2,507,000 | 2,504,000 | 2,501,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,723,000 | 48,025,000 | 46,533,000 | 47,570,000 |
| Interest-bearing deposits | 31,257,000 | 31,296,000 | 30,229,000 | 33,101,000 |
| Noninterest-bearing deposits | 16,466,000 | 16,729,000 | 16,304,000 | 14,469,000 |
| Equity capital | 7,615,000 | 7,653,000 | 7,879,000 | 8,149,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 769,000 | 1,537,000 | 2,423,000 | 3,306,000 |
| Interest expense | 42,000 | 122,000 | 261,000 | 420,000 |
| Net interest income | 727,000 | 1,415,000 | 2,162,000 | 2,886,000 |
| Noninterest income | 57,000 | 108,000 | 163,000 | 203,000 |
| Noninterest expense | 453,000 | 928,000 | 1,400,000 | 1,812,000 |
| Provision for loan losses | 9,000 | 9,000 | 9,000 | 9,000 |
| Pretax income | 322,000 | 586,000 | 916,000 | 1,268,000 |
| Income tax | 88,000 | 169,000 | 258,000 | 353,000 |
| Net income | 234,000 | 417,000 | 658,000 | 915,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,091,000 | 6,156,000 | 6,406,000 | 6,546,000 |
| Total capital | 6,587,000 | 6,693,000 | 6,951,000 | 7,105,000 |
| Risk-weighted assets | 39,583,000 | 42,896,000 | 43,489,000 | 44,706,000 |