Call reports 2008
GRINNELL STATE BANK — 2008
What GRINNELL STATE BANK 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 | 143,056,000 | 143,635,000 | 144,299,000 | 151,612,000 |
| Total loans | 100,873,000 | 98,197,000 | 99,457,000 | 101,083,000 |
| Allowance for loan losses | 663,000 | 653,000 | 654,000 | 639,000 |
| Securities available for sale | 23,570,000 | 29,038,000 | 29,913,000 | 33,761,000 |
| Securities held to maturity | 3,282,000 | 2,123,000 | 2,092,000 | 2,065,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,621,000 | 109,657,000 | 111,726,000 | 116,518,000 |
| Interest-bearing deposits | 90,962,000 | 91,059,000 | 92,185,000 | 94,586,000 |
| Noninterest-bearing deposits | 19,659,000 | 18,598,000 | 19,541,000 | 21,932,000 |
| Equity capital | 18,825,000 | 18,865,000 | 18,981,000 | 19,500,000 |
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 | 2,244,000 | 4,381,000 | 6,557,000 | 8,694,000 |
| Interest expense | 875,000 | 1,602,000 | 2,322,000 | 2,968,000 |
| Net interest income | 1,369,000 | 2,779,000 | 4,235,000 | 5,726,000 |
| Noninterest income | 241,000 | 491,000 | 727,000 | 956,000 |
| Noninterest expense | 1,189,000 | 2,270,000 | 3,428,000 | 4,617,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 413,000 | 986,000 | 1,520,000 | 2,069,000 |
| Income tax | 182,000 | 308,000 | 438,000 | 616,000 |
| Net income | 231,000 | 678,000 | 1,082,000 | 1,453,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,975,000 | 18,319,000 | 18,619,000 | 18,887,000 |
| Total capital | 18,638,000 | 18,972,000 | 19,273,000 | 19,526,000 |
| Risk-weighted assets | 130,890,000 | 130,869,000 | 130,652,000 | 132,341,000 |