Call reports 2014
GRAND MOUNTAIN BANK, FSB — 2014
What GRAND MOUNTAIN BANK, FSB reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 91,543,000 | 91,260,000 | 93,698,000 | 95,012,000 |
| Total loans | 62,534,000 | 60,737,000 | 60,205,000 | 60,755,000 |
| Allowance for loan losses | 2,894,000 | 2,969,000 | 3,063,000 | 2,266,000 |
| Securities available for sale | 7,220,000 | 7,130,000 | 6,962,000 | 6,838,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,825,000 | 80,542,000 | 85,946,000 | 83,753,000 |
| Interest-bearing deposits | 67,539,000 | 64,777,000 | 67,107,000 | 65,867,000 |
| Noninterest-bearing deposits | 16,286,000 | 15,765,000 | 18,839,000 | 17,886,000 |
| Equity capital | 5,457,000 | 5,491,000 | 5,514,000 | 5,950,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 831,000 | 1,632,000 | 2,481,000 | 3,319,000 |
| Interest expense | 62,000 | 116,000 | 170,000 | 223,000 |
| Net interest income | 769,000 | 1,516,000 | 2,311,000 | 3,096,000 |
| Noninterest income | 131,000 | 311,000 | 432,000 | 369,000 |
| Noninterest expense | 880,000 | 1,796,000 | 2,694,000 | 3,665,000 |
| Provision for loan losses | 0 | 0 | 0 | -677,000 |
| Pretax income | 20,000 | 31,000 | 49,000 | 477,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 20,000 | 31,000 | 49,000 | 477,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,507,000 | 5,518,000 | 5,536,000 | 5,965,000 |
| Total capital | 6,264,000 | 6,252,000 | 6,257,000 | 6,686,000 |
| Risk-weighted assets | 57,638,000 | 55,439,000 | 54,258,000 | 54,846,000 |