Call reports 2019
GRAND RIVERS COMMUNITY BANK — 2019
What GRAND RIVERS COMMUNITY BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 33,080,000 | 32,238,000 | 31,814,000 | 29,639,000 |
| Total loans | 21,508,000 | 20,181,000 | 19,166,000 | 18,468,000 |
| Allowance for loan losses | 511,000 | 511,000 | 512,000 | 512,000 |
| Securities available for sale | 1,509,000 | 1,511,000 | 1,510,000 | 1,217,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,401,000 | 28,760,000 | 28,446,000 | 26,494,000 |
| Interest-bearing deposits | 23,663,000 | 23,061,000 | 21,006,000 | 21,308,000 |
| Noninterest-bearing deposits | 5,738,000 | 5,699,000 | 7,440,000 | 5,186,000 |
| Equity capital | 2,393,000 | 2,200,000 | 2,078,000 | 1,941,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 400,000 | 771,000 | 1,130,000 | 1,461,000 |
| Interest expense | 116,000 | 223,000 | 329,000 | 431,000 |
| Net interest income | 284,000 | 548,000 | 801,000 | 1,030,000 |
| Noninterest income | 42,000 | 8,000 | 65,000 | 113,000 |
| Noninterest expense | 450,000 | 875,000 | 1,307,000 | 1,721,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -124,000 | -319,000 | -441,000 | -578,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -124,000 | -319,000 | -441,000 | -578,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,781,000 | 1,586,000 | 1,464,000 | 1,327,000 |
| Total capital | 2,069,000 | 1,853,000 | 1,719,000 | 1,576,000 |
| Risk-weighted assets | 22,846,000 | 21,121,000 | 20,217,000 | 19,660,000 |