Call reports 2024
GRAND TIMBER BANK — 2024
What GRAND TIMBER BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 61,501,000 | 60,316,000 | 60,680,000 | 60,010,000 |
| Total loans | 50,541,000 | 50,902,000 | 51,330,000 | 52,184,000 |
| Allowance for loan losses | 641,000 | 640,000 | 645,000 | 818,000 |
| Securities available for sale | 3,060,000 | 2,972,000 | 2,955,000 | 2,361,000 |
| Securities held to maturity | 2,282,000 | 2,279,000 | 2,275,000 | 2,272,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,565,000 | 47,032,000 | 47,985,000 | 49,521,000 |
| Interest-bearing deposits | 33,344,000 | 32,188,000 | 32,134,000 | 33,821,000 |
| Noninterest-bearing deposits | 15,221,000 | 14,844,000 | 15,851,000 | 15,700,000 |
| Equity capital | 8,397,000 | 8,417,000 | 8,700,000 | 8,120,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 933,000 | 1,920,000 | 2,912,000 | 3,911,000 |
| Interest expense | 168,000 | 348,000 | 536,000 | 736,000 |
| Net interest income | 765,000 | 1,572,000 | 2,376,000 | 3,175,000 |
| Noninterest income | 61,000 | 111,000 | 177,000 | 208,000 |
| Noninterest expense | 479,000 | 940,000 | 1,456,000 | 1,940,000 |
| Provision for loan losses | 0 | -2,000 | 8,000 | 197,000 |
| Pretax income | 347,000 | 742,000 | 1,086,000 | 1,243,000 |
| Income tax | 106,000 | 203,000 | 327,000 | 344,000 |
| Net income | 241,000 | 539,000 | 759,000 | 899,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,794,000 | 6,800,000 | 7,026,000 | 6,474,000 |
| Total capital | 7,359,000 | 7,370,000 | 7,601,000 | 7,055,000 |
| Risk-weighted assets | 45,195,000 | 45,539,000 | 45,965,000 | 46,303,000 |