Call reports 2012
GRAND RIVERS COMMUNITY BANK — 2012
What GRAND RIVERS COMMUNITY BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 19,259,000 | 20,078,000 | 22,326,000 | 23,050,000 |
| Total loans | 13,208,000 | 14,943,000 | 17,420,000 | 17,991,000 |
| Allowance for loan losses | 148,000 | 169,000 | 190,000 | 162,000 |
| Securities available for sale | 1,468,000 | 2,048,000 | 2,320,000 | 2,707,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,228,000 | 18,049,000 | 20,284,000 | 20,965,000 |
| Interest-bearing deposits | 14,607,000 | 15,764,000 | 17,919,000 | 18,610,000 |
| Noninterest-bearing deposits | 2,621,000 | 2,285,000 | 2,365,000 | 2,355,000 |
| Equity capital | 1,986,000 | 1,998,000 | 2,009,000 | 2,051,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 267,000 | 506,000 | 796,000 | 1,096,000 |
| Interest expense | 47,000 | 92,000 | 138,000 | 198,000 |
| Net interest income | 220,000 | 414,000 | 658,000 | 898,000 |
| Noninterest income | 42,000 | 77,000 | 121,000 | 158,000 |
| Noninterest expense | 242,000 | 466,000 | 728,000 | 946,000 |
| Provision for loan losses | 0 | 20,000 | 37,000 | 54,000 |
| Pretax income | 26,000 | 46,000 | 66,000 | 108,000 |
| Income tax | 9,000 | 9,000 | 11,000 | 12,000 |
| Net income | 17,000 | 37,000 | 55,000 | 96,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,812,000 | 1,833,000 | 1,871,000 | 1,920,000 |
| Total capital | 1,960,000 | 2,002,000 | 2,061,000 | 2,082,000 |
| Risk-weighted assets | 12,874,000 | 14,669,000 | 17,064,000 | 17,926,000 |