Call reports 2003
GRINNELL STATE BANK — 2003
What GRINNELL STATE BANK 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 | 127,701,000 | 125,232,000 | 122,278,000 | 125,410,000 |
| Total loans | 65,498,000 | 64,858,000 | 65,329,000 | 62,950,000 |
| Allowance for loan losses | 671,000 | 672,000 | 672,000 | 671,000 |
| Securities available for sale | 42,298,000 | 41,312,000 | 39,553,000 | 42,155,000 |
| Securities held to maturity | 8,571,000 | 7,772,000 | 7,322,000 | 8,139,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,136,000 | 97,330,000 | 94,317,000 | 97,074,000 |
| Interest-bearing deposits | 86,433,000 | 82,717,000 | 78,610,000 | 81,038,000 |
| Noninterest-bearing deposits | 14,703,000 | 14,613,000 | 15,707,000 | 16,036,000 |
| Equity capital | 15,198,000 | 15,757,000 | 15,759,000 | 16,008,000 |
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 | 1,711,000 | 3,362,000 | 4,955,000 | 6,524,000 |
| Interest expense | 555,000 | 1,046,000 | 1,469,000 | 1,847,000 |
| Net interest income | 1,156,000 | 2,316,000 | 3,486,000 | 4,677,000 |
| Noninterest income | 166,000 | 299,000 | 475,000 | 645,000 |
| Noninterest expense | 930,000 | 1,815,000 | 2,712,000 | 3,690,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 396,000 | 804,000 | 1,253,000 | 1,636,000 |
| Income tax | 94,000 | 207,000 | 319,000 | 409,000 |
| Net income | 302,000 | 597,000 | 934,000 | 1,227,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,052,000 | 13,333,000 | 13,656,000 | 13,937,000 |
| Total capital | 13,723,000 | 14,005,000 | 14,328,000 | 14,608,000 |
| Risk-weighted assets | 107,327,000 | 104,630,000 | 103,480,000 | 101,500,000 |