Call reports 2003
GRAND BANK, NATIONAL ASSOCIATION — 2003
What GRAND BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 124,097,000 | 158,009,000 | 154,267,000 | 153,950,000 |
| Total loans | 45,171,000 | 98,511,000 | 98,365,000 | 108,092,000 |
| Allowance for loan losses | 204,000 | 1,039,000 | 1,039,000 | 1,009,000 |
| Securities available for sale | 15,197,000 | 20,222,000 | 22,757,000 | 22,418,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,022,000 | 142,476,000 | 138,996,000 | 138,338,000 |
| Interest-bearing deposits | 95,294,000 | 125,481,000 | 122,206,000 | 125,547,000 |
| Noninterest-bearing deposits | 12,728,000 | 16,995,000 | 16,790,000 | 12,791,000 |
| Equity capital | 15,150,000 | 15,272,000 | 15,012,000 | 15,208,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 954,000 | 2,674,000 | 4,725,000 | 6,803,000 |
| Interest expense | 581,000 | 1,408,000 | 2,266,000 | 3,095,000 |
| Net interest income | 373,000 | 1,266,000 | 2,459,000 | 3,708,000 |
| Noninterest income | 791,000 | 1,810,000 | 2,175,000 | 2,584,000 |
| Noninterest expense | 746,000 | 1,677,000 | 2,797,000 | 4,049,000 |
| Provision for loan losses | 0 | 100,000 | 100,000 | 100,000 |
| Pretax income | 418,000 | 1,299,000 | 1,737,000 | 2,143,000 |
| Income tax | 4,000 | 7,000 | 9,000 | 11,000 |
| Net income | 414,000 | 1,292,000 | 1,728,000 | 2,132,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,142,000 | 15,206,000 | 15,302,000 | 15,356,000 |
| Total capital | 15,346,000 | 16,245,000 | 16,341,000 | 16,365,000 |
| Risk-weighted assets | 66,156,000 | 114,718,000 | 117,607,000 | 122,249,000 |