Call reports 2015
GRAND BANK — 2015
What GRAND BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 |
|---|---|---|---|
| Total assets | 576,159,000 | 608,837,000 | 592,407,000 |
| Total loans | 260,109,000 | 251,608,000 | 263,677,000 |
| Allowance for loan losses | 2,575,000 | 2,575,000 | 2,575,000 |
| Securities available for sale | 90,282,000 | 79,764,000 | 82,733,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 464,941,000 | 507,505,000 | 532,052,000 |
| Interest-bearing deposits | 271,443,000 | 295,893,000 | 296,592,000 |
| Noninterest-bearing deposits | 193,498,000 | 211,612,000 | 235,460,000 |
| Equity capital | 40,389,000 | 41,599,000 | 42,258,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 |
|---|---|---|---|
| Interest income | 3,485,000 | 7,032,000 | 10,574,000 |
| Interest expense | 400,000 | 810,000 | 1,778,000 |
| Net interest income | 3,085,000 | 6,222,000 | 8,796,000 |
| Noninterest income | 349,000 | 675,000 | 1,034,000 |
| Noninterest expense | 2,265,000 | 4,578,000 | 7,069,000 |
| Provision for loan losses | 150,000 | 150,000 | 150,000 |
| Pretax income | 1,019,000 | 2,169,000 | 2,611,000 |
| Income tax | 0 | 0 | 0 |
| Net income | 1,019,000 | 2,169,000 | 2,611,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 |
|---|---|---|---|
| Tier 1 capital | 40,304,000 | 41,489,000 | 41,996,000 |
| Total capital | 42,915,000 | 44,114,000 | 44,621,000 |
| Risk-weighted assets | 309,433,000 | 299,150,000 | 325,578,000 |