Call reports 2007
GRAND BANK, NATIONAL ASSOCIATION — 2007
What GRAND BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 209,141,000 | 222,122,000 | 227,679,000 | 250,124,000 |
| Total loans | 171,673,000 | 176,849,000 | 196,351,000 | 222,782,000 |
| Allowance for loan losses | 1,016,000 | 1,021,000 | 1,071,000 | 1,146,000 |
| Securities available for sale | 10,463,000 | 10,191,000 | 10,119,000 | 10,050,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 190,212,000 | 203,184,000 | 203,421,000 | 224,911,000 |
| Interest-bearing deposits | 172,964,000 | 186,064,000 | 187,549,000 | 209,069,000 |
| Noninterest-bearing deposits | 17,248,000 | 17,120,000 | 15,872,000 | 15,842,000 |
| Equity capital | 16,413,000 | 16,309,000 | 16,391,000 | 16,467,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 3,870,000 | 7,814,000 | 12,146,000 | 16,618,000 |
| Interest expense | 2,099,000 | 4,174,000 | 6,600,000 | 9,127,000 |
| Net interest income | 1,771,000 | 3,640,000 | 5,546,000 | 7,491,000 |
| Noninterest income | 322,000 | 625,000 | 1,015,000 | 1,624,000 |
| Noninterest expense | 1,449,000 | 2,938,000 | 4,555,000 | 6,418,000 |
| Provision for loan losses | 5,000 | 10,000 | 60,000 | 135,000 |
| Pretax income | 639,000 | 1,317,000 | 1,946,000 | 2,562,000 |
| Income tax | -12,000 | -3,000 | 3,000 | 12,000 |
| Net income | 651,000 | 1,320,000 | 1,943,000 | 2,550,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,555,000 | 16,559,000 | 16,517,000 | 16,511,000 |
| Total capital | 19,571,000 | 19,580,000 | 24,588,000 | 24,657,000 |
| Risk-weighted assets | 180,269,000 | 189,981,000 | 196,808,000 | 211,150,000 |