Call reports 2003
GRAND BANK — 2003
What GRAND BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 102,600,000 | 138,440,000 | 130,212,000 | 132,015,000 |
| Total loans | 38,308,000 | 46,777,000 | 58,364,000 | 62,394,000 |
| Allowance for loan losses | 380,000 | 464,000 | 584,000 | 634,000 |
| Securities available for sale | 37,994,000 | 27,340,000 | 37,303,000 | 35,436,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,872,000 | 120,087,000 | 111,940,000 | 113,823,000 |
| Interest-bearing deposits | 60,351,000 | 81,162,000 | 85,671,000 | 79,984,000 |
| Noninterest-bearing deposits | 24,521,000 | 38,925,000 | 26,269,000 | 33,839,000 |
| Equity capital | 13,372,000 | 13,426,000 | 13,463,000 | 13,588,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 728,000 | 1,617,000 | 2,676,000 | 3,817,000 |
| Interest expense | 257,000 | 560,000 | 900,000 | 1,252,000 |
| Net interest income | 471,000 | 1,057,000 | 1,776,000 | 2,565,000 |
| Noninterest income | 5,000 | 11,000 | 17,000 | 29,000 |
| Noninterest expense | 338,000 | 840,000 | 1,312,000 | 1,957,000 |
| Provision for loan losses | 65,000 | 149,000 | 269,000 | 319,000 |
| Pretax income | 106,000 | 112,000 | 245,000 | 351,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 106,000 | 112,000 | 245,000 | 351,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,297,000 | 13,303,000 | 13,437,000 | 13,542,000 |
| Total capital | 13,677,000 | 13,767,000 | 14,021,000 | 14,176,000 |
| Risk-weighted assets | 42,159,000 | 62,755,000 | 74,453,000 | 72,853,000 |