Call reports 2016
GRAND MOUNTAIN BANK, FSB — 2016
What GRAND MOUNTAIN BANK, FSB reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 96,365,000 | 95,537,000 | 101,302,000 | 100,948,000 |
| Total loans | 60,272,000 | 60,820,000 | 59,461,000 | 61,338,000 |
| Allowance for loan losses | 1,277,000 | 1,181,000 | 1,006,000 | 949,000 |
| Securities available for sale | 6,820,000 | 6,690,000 | 10,463,000 | 10,153,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,841,000 | 87,641,000 | 93,234,000 | 92,816,000 |
| Interest-bearing deposits | 69,680,000 | 69,834,000 | 72,263,000 | 72,860,000 |
| Noninterest-bearing deposits | 19,161,000 | 17,807,000 | 20,971,000 | 19,956,000 |
| Equity capital | 7,173,000 | 7,630,000 | 7,777,000 | 7,861,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 869,000 | 1,795,000 | 2,638,000 | 3,496,000 |
| Interest expense | 39,000 | 74,000 | 109,000 | 143,000 |
| Net interest income | 830,000 | 1,721,000 | 2,529,000 | 3,353,000 |
| Noninterest income | 83,000 | 190,000 | 307,000 | 464,000 |
| Noninterest expense | 944,000 | 1,882,000 | 2,861,000 | 3,771,000 |
| Provision for loan losses | 0 | -380,000 | -580,000 | -655,000 |
| Pretax income | -31,000 | 409,000 | 555,000 | 701,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -31,000 | 409,000 | 555,000 | 701,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,189,000 | 7,629,000 | 7,775,000 | 7,921,000 |
| Total capital | 7,826,000 | 8,270,000 | 8,414,000 | 8,564,000 |
| Risk-weighted assets | 50,352,000 | 50,750,000 | 50,805,000 | 51,185,000 |