Call reports 2018
GRAND RIVERS COMMUNITY BANK — 2018
What GRAND RIVERS COMMUNITY BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 44,653,000 | 42,217,000 | 38,888,000 | 36,212,000 |
| Total loans | 32,330,000 | 28,881,000 | 27,173,000 | 25,778,000 |
| Allowance for loan losses | 1,013,000 | 1,008,000 | 758,000 | 657,000 |
| Securities available for sale | 1,838,000 | 1,837,000 | 1,835,000 | 1,506,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,202,000 | 38,047,000 | 34,877,000 | 32,396,000 |
| Interest-bearing deposits | 33,899,000 | 32,749,000 | 29,599,000 | 26,780,000 |
| Noninterest-bearing deposits | 6,303,000 | 5,298,000 | 5,278,000 | 5,616,000 |
| Equity capital | 3,071,000 | 2,847,000 | 2,689,000 | 2,514,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 493,000 | 974,000 | 1,423,000 | 1,851,000 |
| Interest expense | 158,000 | 311,000 | 456,000 | 587,000 |
| Net interest income | 335,000 | 663,000 | 967,000 | 1,264,000 |
| Noninterest income | 31,000 | 68,000 | 150,000 | 198,000 |
| Noninterest expense | 635,000 | 1,223,000 | 1,768,000 | 2,288,000 |
| Provision for loan losses | 200,000 | 200,000 | 200,000 | 200,000 |
| Pretax income | -469,000 | -692,000 | -851,000 | -1,026,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -469,000 | -692,000 | -851,000 | -1,026,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,463,000 | 2,239,000 | 2,080,000 | 1,905,000 |
| Total capital | 2,876,000 | 2,635,000 | 2,444,000 | 2,243,000 |
| Risk-weighted assets | 32,466,000 | 31,089,000 | 28,776,000 | 26,741,000 |