Call reports 2001
GRAND RIVERS COMMUNITY BANK — 2001
What GRAND RIVERS COMMUNITY BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 12,173,000 | 12,585,000 | 12,855,000 | 13,152,000 |
| Total loans | 5,878,000 | 6,477,000 | 6,025,000 | 5,953,000 |
| Allowance for loan losses | 71,000 | 73,000 | 72,000 | 75,000 |
| Securities available for sale | 3,355,000 | 3,801,000 | 3,831,000 | 4,852,000 |
| Securities held to maturity | 791,000 | 765,000 | 728,000 | 706,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,107,000 | 11,518,000 | 11,715,000 | 12,065,000 |
| Interest-bearing deposits | 8,970,000 | 9,348,000 | 9,876,000 | 10,046,000 |
| Noninterest-bearing deposits | 2,137,000 | 2,170,000 | 1,839,000 | 2,019,000 |
| Equity capital | 973,000 | 991,000 | 1,028,000 | 1,012,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 209,000 | 425,000 | 648,000 | 851,000 |
| Interest expense | 101,000 | 212,000 | 321,000 | 419,000 |
| Net interest income | 108,000 | 213,000 | 327,000 | 432,000 |
| Noninterest income | 23,000 | 43,000 | 59,000 | 81,000 |
| Noninterest expense | 114,000 | 220,000 | 321,000 | 438,000 |
| Provision for loan losses | 4,000 | 7,000 | 10,000 | 15,000 |
| Pretax income | 13,000 | 29,000 | 55,000 | 60,000 |
| Income tax | -16,000 | -14,000 | -4,000 | -9,000 |
| Net income | 29,000 | 43,000 | 59,000 | 69,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 946,000 | 959,000 | 972,000 | 978,000 |
| Total capital | 1,017,000 | 1,032,000 | 1,044,000 | 1,053,000 |
| Risk-weighted assets | 5,953,000 | 6,399,000 | 6,269,000 | 6,398,000 |