Call reports 2019
GRAND BANK, NATIONAL ASSOCIATION — 2019
What GRAND BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 |
|---|---|---|
| Total assets | 196,484,000 | 200,387,000 |
| Total loans | 158,303,000 | 155,059,000 |
| Allowance for loan losses | 2,007,000 | 1,941,000 |
| Securities available for sale | 3,618,000 | 3,564,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 163,671,000 | 173,635,000 |
| Interest-bearing deposits | 128,817,000 | 128,953,000 |
| Noninterest-bearing deposits | 34,854,000 | 44,682,000 |
| Equity capital | 22,295,000 | 22,264,000 |
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 |
|---|---|---|
| Interest income | 2,421,000 | 4,948,000 |
| Interest expense | 551,000 | 1,110,000 |
| Net interest income | 1,870,000 | 3,838,000 |
| Noninterest income | 232,000 | 610,000 |
| Noninterest expense | 2,020,000 | 3,885,000 |
| Provision for loan losses | 0 | 550,000 |
| Pretax income | 82,000 | 13,000 |
| Income tax | 0 | 0 |
| Net income | 82,000 | 13,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 |
|---|---|---|
| Tier 1 capital | 21,840,000 | 21,740,000 |
| Total capital | 26,809,000 | 26,662,000 |
| Risk-weighted assets | 157,536,000 | 153,748,000 |