Call reports 2006
GRAND RIVERS COMMUNITY BANK — 2006
What GRAND RIVERS COMMUNITY 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 | 12,580,000 | 12,136,000 | 12,251,000 | 12,328,000 |
| Total loans | 7,340,000 | 8,227,000 | 8,459,000 | 8,252,000 |
| Allowance for loan losses | 79,000 | 80,000 | 82,000 | 83,000 |
| Securities available for sale | 4,122,000 | 3,240,000 | 2,291,000 | 3,146,000 |
| Securities held to maturity | 62,000 | 61,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,256,000 | 10,791,000 | 11,043,000 | 11,090,000 |
| Interest-bearing deposits | 8,825,000 | 8,249,000 | 8,710,000 | 7,703,000 |
| Noninterest-bearing deposits | 2,431,000 | 2,542,000 | 2,333,000 | 3,387,000 |
| Equity capital | 1,113,000 | 1,130,000 | 1,165,000 | 1,204,000 |
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 | 163,000 | 338,000 | 511,000 | 697,000 |
| Interest expense | 49,000 | 103,000 | 149,000 | 223,000 |
| Net interest income | 114,000 | 235,000 | 362,000 | 474,000 |
| Noninterest income | 25,000 | 52,000 | 75,000 | 97,000 |
| Noninterest expense | 119,000 | 232,000 | 338,000 | 441,000 |
| Provision for loan losses | 0 | 2,000 | 4,000 | 6,000 |
| Pretax income | 10,000 | 20,000 | 48,000 | 77,000 |
| Income tax | 0 | 3,000 | 6,000 | 1,000 |
| Net income | 10,000 | 17,000 | 42,000 | 76,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,194,000 | 1,201,000 | 1,206,000 | 1,240,000 |
| Total capital | 1,273,000 | 1,281,000 | 1,288,000 | 1,323,000 |
| Risk-weighted assets | 7,078,000 | 7,545,000 | 7,693,000 | 7,562,000 |