Call reports 2017
GRAND MOUNTAIN BANK, FSB — 2017
What GRAND MOUNTAIN BANK, FSB reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 102,341,000 | 101,565,000 | 108,878,000 | 109,083,000 |
| Total loans | 60,038,000 | 61,935,000 | 64,971,000 | 66,120,000 |
| Allowance for loan losses | 981,000 | 998,000 | 1,014,000 | 1,042,000 |
| Securities available for sale | 10,045,000 | 12,201,000 | 15,060,000 | 14,690,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,107,000 | 93,237,000 | 98,528,000 | 93,524,000 |
| Interest-bearing deposits | 73,523,000 | 72,018,000 | 73,445,000 | 70,793,000 |
| Noninterest-bearing deposits | 20,584,000 | 21,219,000 | 25,083,000 | 22,731,000 |
| Equity capital | 7,978,000 | 8,092,000 | 10,099,000 | 10,223,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 842,000 | 1,745,000 | 2,677,000 | 3,633,000 |
| Interest expense | 31,000 | 62,000 | 92,000 | 129,000 |
| Net interest income | 811,000 | 1,683,000 | 2,585,000 | 3,504,000 |
| Noninterest income | 173,000 | 289,000 | 405,000 | 502,000 |
| Noninterest expense | 909,000 | 1,797,000 | 2,708,000 | 3,555,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 75,000 | 175,000 | 282,000 | 451,000 |
| Income tax | 0 | 0 | -494,000 | -494,000 |
| Net income | 75,000 | 175,000 | 776,000 | 945,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,996,000 | 8,096,000 | 10,098,000 | 10,266,000 |
| Total capital | 8,628,000 | 8,762,000 | 10,800,000 | 10,968,000 |
| Risk-weighted assets | 50,197,000 | 52,981,000 | 55,826,000 | 55,800,000 |