Call reports 2008
GRAND BANK, NATIONAL ASSOCIATION — 2008
What GRAND BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 248,116,000 | 257,603,000 | 276,362,000 | 277,095,000 |
| Total loans | 229,315,000 | 240,569,000 | 257,532,000 | 263,149,000 |
| Allowance for loan losses | 1,167,000 | 1,267,000 | 1,267,000 | 1,521,000 |
| Securities available for sale | 9,680,000 | 8,371,000 | 7,917,000 | 5,457,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 222,401,000 | 223,821,000 | 244,248,000 | 223,732,000 |
| Interest-bearing deposits | 205,709,000 | 208,311,000 | 227,730,000 | 209,922,000 |
| Noninterest-bearing deposits | 16,692,000 | 15,510,000 | 16,518,000 | 13,810,000 |
| Equity capital | 16,548,000 | 17,015,000 | 16,883,000 | 17,160,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,312,000 | 8,461,000 | 12,880,000 | 17,291,000 |
| Interest expense | 2,566,000 | 4,892,000 | 7,115,000 | 9,173,000 |
| Net interest income | 1,746,000 | 3,569,000 | 5,765,000 | 8,118,000 |
| Noninterest income | 853,000 | 1,542,000 | 1,821,000 | 2,251,000 |
| Noninterest expense | 2,011,000 | 3,827,000 | 5,877,000 | 7,835,000 |
| Provision for loan losses | 25,000 | 125,000 | 125,000 | 425,000 |
| Pretax income | 563,000 | 1,183,000 | 1,608,000 | 2,133,000 |
| Income tax | -25,000 | -25,000 | -25,000 | -25,000 |
| Net income | 588,000 | 1,208,000 | 1,633,000 | 2,158,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,492,000 | 17,097,000 | 17,120,000 | 17,245,000 |
| Total capital | 24,659,000 | 25,364,000 | 25,387,000 | 25,766,000 |
| Risk-weighted assets | 209,425,000 | 218,833,000 | 230,860,000 | 234,194,000 |