Call reports 2002
GRAND BANK, NATIONAL ASSOCIATION — 2002
What GRAND BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 16,923,000 | 43,916,000 | 67,997,000 | 72,983,000 |
| Total loans | 12,733,000 | 18,879,000 | 32,624,000 | 46,171,000 |
| Allowance for loan losses | 71,000 | 146,000 | 204,000 | 204,000 |
| Securities available for sale | 0 | 543,000 | 559,000 | 555,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,834,000 | 35,742,000 | 54,084,000 | 58,542,000 |
| Interest-bearing deposits | 5,597,000 | 30,780,000 | 47,431,000 | 51,456,000 |
| Noninterest-bearing deposits | 3,237,000 | 4,962,000 | 6,653,000 | 7,086,000 |
| Equity capital | 8,066,000 | 8,054,000 | 13,770,000 | 14,244,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 125,000 | 496,000 | 1,080,000 | 1,867,000 |
| Interest expense | 8,000 | 179,000 | 515,000 | 913,000 |
| Net interest income | 117,000 | 317,000 | 565,000 | 954,000 |
| Noninterest income | 41,000 | 198,000 | 491,000 | 1,012,000 |
| Noninterest expense | 137,000 | 431,000 | 720,000 | 1,236,000 |
| Provision for loan losses | 71,000 | 146,000 | 204,000 | 204,000 |
| Pretax income | -50,000 | -62,000 | 132,000 | 526,000 |
| Income tax | 0 | 0 | 0 | 3,000 |
| Net income | -50,000 | -62,000 | 132,000 | 523,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,066,000 | 8,054,000 | 13,751,000 | 14,225,000 |
| Total capital | 8,137,000 | 8,200,000 | 13,955,000 | 14,429,000 |
| Risk-weighted assets | 12,311,000 | 24,109,000 | 38,701,000 | 50,165,000 |