Call reports 2004
GRAND BANK — 2004
What GRAND BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 156,849,000 | 148,477,000 | 149,048,000 | 151,494,000 |
| Total loans | 62,667,000 | 66,492,000 | 68,996,000 | 77,797,000 |
| Allowance for loan losses | 664,000 | 694,000 | 724,000 | 780,000 |
| Securities available for sale | 27,585,000 | 42,910,000 | 43,404,000 | 49,098,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 138,271,000 | 127,877,000 | 127,243,000 | 128,165,000 |
| Interest-bearing deposits | 93,990,000 | 90,928,000 | 85,719,000 | 88,249,000 |
| Noninterest-bearing deposits | 44,282,000 | 36,949,000 | 41,524,000 | 39,916,000 |
| Equity capital | 14,002,000 | 13,499,000 | 14,245,000 | 14,123,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,128,000 | 2,325,000 | 3,655,000 | 5,160,000 |
| Interest expense | 330,000 | 674,000 | 1,032,000 | 1,405,000 |
| Net interest income | 798,000 | 1,651,000 | 2,623,000 | 3,755,000 |
| Noninterest income | 9,000 | 18,000 | 35,000 | 52,000 |
| Noninterest expense | 546,000 | 1,167,000 | 1,775,000 | 2,760,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 146,000 |
| Pretax income | 231,000 | 442,000 | 793,000 | 901,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 231,000 | 442,000 | 793,000 | 901,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,773,000 | 13,984,000 | 14,335,000 | 14,443,000 |
| Total capital | 14,437,000 | 14,678,000 | 15,059,000 | 15,223,000 |
| Risk-weighted assets | 75,660,000 | 82,738,000 | 83,491,000 | 92,992,000 |