Call reports 2016
GRINNELL STATE BANK — 2016
What GRINNELL STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 299,100,000 | 294,117,000 | 305,125,000 | 312,258,000 |
| Total loans | 214,239,000 | 217,282,000 | 221,759,000 | 218,054,000 |
| Allowance for loan losses | 1,482,000 | 1,736,000 | 1,923,000 | 2,827,000 |
| Securities available for sale | 59,828,000 | 56,691,000 | 57,175,000 | 64,333,000 |
| Securities held to maturity | 666,000 | 634,000 | 632,000 | 630,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 236,531,000 | 222,492,000 | 228,204,000 | 244,415,000 |
| Interest-bearing deposits | 182,327,000 | 168,526,000 | 174,776,000 | 185,935,000 |
| Noninterest-bearing deposits | 54,204,000 | 53,966,000 | 53,428,000 | 58,480,000 |
| Equity capital | 35,384,000 | 36,338,000 | 36,437,000 | 34,749,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,954,000 | 5,932,000 | 8,967,000 | 11,844,000 |
| Interest expense | 311,000 | 609,000 | 920,000 | 1,251,000 |
| Net interest income | 2,643,000 | 5,323,000 | 8,047,000 | 10,593,000 |
| Noninterest income | 420,000 | 1,117,000 | 1,461,000 | 1,743,000 |
| Noninterest expense | 2,312,000 | 4,160,000 | 6,030,000 | 7,875,000 |
| Provision for loan losses | 0 | 200,000 | 300,000 | 3,193,000 |
| Pretax income | 758,000 | 2,087,000 | 3,185,000 | 1,275,000 |
| Income tax | 252,000 | 574,000 | 1,085,000 | 173,000 |
| Net income | 506,000 | 1,513,000 | 2,100,000 | 1,102,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,725,000 | 35,492,000 | 35,759,000 | 34,601,000 |
| Total capital | 36,207,000 | 37,228,000 | 37,682,000 | 37,428,000 |
| Risk-weighted assets | 232,773,000 | 234,266,000 | 240,883,000 | 242,523,000 |