Call reports 2005
GRAND RIVERS COMMUNITY BANK — 2005
What GRAND RIVERS COMMUNITY BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 13,292,000 | 13,194,000 | 12,816,000 | 12,257,000 |
| Total loans | 5,938,000 | 6,160,000 | 6,416,000 | 7,067,000 |
| Allowance for loan losses | 115,000 | 88,000 | 92,000 | 79,000 |
| Securities available for sale | 6,566,000 | 5,124,000 | 4,892,000 | 4,338,000 |
| Securities held to maturity | 63,000 | 0 | 62,000 | 62,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 12,018,000 | 11,875,000 | 11,508,000 | 10,695,000 |
| Interest-bearing deposits | 9,406,000 | 9,941,000 | 9,369,000 | 8,489,000 |
| Noninterest-bearing deposits | 2,612,000 | 1,934,000 | 2,139,000 | 2,206,000 |
| Equity capital | 1,073,000 | 1,127,000 | 1,098,000 | 1,103,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 142,000 | 289,000 | 442,000 | 603,000 |
| Interest expense | 36,000 | 73,000 | 120,000 | 166,000 |
| Net interest income | 106,000 | 216,000 | 322,000 | 437,000 |
| Noninterest income | 28,000 | 54,000 | 80,000 | 87,000 |
| Noninterest expense | 107,000 | 219,000 | 332,000 | 443,000 |
| Provision for loan losses | 1,000 | 5,000 | 8,000 | -4,000 |
| Pretax income | 26,000 | 46,000 | 62,000 | 76,000 |
| Income tax | 1,000 | 4,000 | 14,000 | 14,000 |
| Net income | 25,000 | 42,000 | 48,000 | 62,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,157,000 | 1,174,000 | 1,170,000 | 1,184,000 |
| Total capital | 1,236,000 | 1,254,000 | 1,249,000 | 1,263,000 |
| Risk-weighted assets | 6,322,000 | 6,422,000 | 6,560,000 | 6,807,000 |