Call reports 2008
GRAND BANK — 2008
What GRAND BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 430,597,000 | 422,552,000 | 383,615,000 | 369,739,000 |
| Total loans | 135,558,000 | 133,649,000 | 133,058,000 | 134,556,000 |
| Allowance for loan losses | 1,807,000 | 1,991,000 | 1,929,000 | 2,240,000 |
| Securities available for sale | 169,336,000 | 210,766,000 | 187,905,000 | 161,525,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 312,846,000 | 293,068,000 | 263,560,000 | 258,213,000 |
| Interest-bearing deposits | 224,151,000 | 219,548,000 | 210,608,000 | 207,652,000 |
| Noninterest-bearing deposits | 88,695,000 | 73,521,000 | 52,952,000 | 50,561,000 |
| Equity capital | 30,602,000 | 28,779,000 | 31,319,000 | 31,566,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 5,074,000 | 9,326,000 | 13,523,000 | 17,471,000 |
| Interest expense | 2,419,000 | 4,176,000 | 5,813,000 | 7,234,000 |
| Net interest income | 2,655,000 | 5,150,000 | 7,710,000 | 10,237,000 |
| Noninterest income | 54,000 | 102,000 | 240,000 | 345,000 |
| Noninterest expense | 1,383,000 | 2,724,000 | 4,306,000 | 5,663,000 |
| Provision for loan losses | 302,000 | 486,000 | 634,000 | 895,000 |
| Pretax income | 1,024,000 | 2,042,000 | 3,010,000 | 4,024,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,024,000 | 2,042,000 | 3,010,000 | 4,024,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,626,000 | 28,683,000 | 29,688,000 | 29,304,000 |
| Total capital | 29,433,000 | 30,674,000 | 31,617,000 | 31,380,000 |
| Risk-weighted assets | 206,573,000 | 204,627,000 | 178,309,000 | 165,940,000 |