Call reports 2006
GRAND BANK — 2006
What GRAND BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 226,575,000 | 329,067,000 | 381,084,000 | 378,736,000 |
| Total loans | 109,662,000 | 109,689,000 | 115,837,000 | 113,602,000 |
| Allowance for loan losses | 1,165,000 | 1,177,000 | 1,267,000 | 1,390,000 |
| Securities available for sale | 77,083,000 | 160,179,000 | 163,129,000 | 208,030,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 188,549,000 | 200,145,000 | 242,973,000 | 248,129,000 |
| Interest-bearing deposits | 132,549,000 | 145,530,000 | 176,990,000 | 168,131,000 |
| Noninterest-bearing deposits | 56,000,000 | 54,615,000 | 65,984,000 | 79,998,000 |
| Equity capital | 20,779,000 | 21,755,000 | 23,559,000 | 23,379,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 2,971,000 | 7,644,000 | 12,749,000 | 18,383,000 |
| Interest expense | 1,008,000 | 3,365,000 | 6,050,000 | 9,044,000 |
| Net interest income | 1,963,000 | 4,279,000 | 6,699,000 | 9,339,000 |
| Noninterest income | 60,000 | 126,000 | 197,000 | 265,000 |
| Noninterest expense | 1,126,000 | 2,268,000 | 3,512,000 | 5,040,000 |
| Provision for loan losses | 131,000 | 143,000 | 234,000 | 356,000 |
| Pretax income | 766,000 | 1,994,000 | 3,150,000 | 4,208,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 766,000 | 1,994,000 | 3,150,000 | 4,208,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,575,000 | 22,803,000 | 23,959,000 | 23,436,000 |
| Total capital | 22,740,000 | 23,980,000 | 25,227,000 | 24,826,000 |
| Risk-weighted assets | 140,578,000 | 163,132,000 | 181,316,000 | 178,223,000 |