Call reports 2018
GRINNELL STATE BANK — 2018
What GRINNELL STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 305,706,000 | 310,022,000 | 309,098,000 | 312,008,000 |
| Total loans | 227,834,000 | 235,518,000 | 223,876,000 | 228,486,000 |
| Allowance for loan losses | 1,724,000 | 2,128,000 | 2,430,000 | 2,439,000 |
| Securities available for sale | 53,496,000 | 50,970,000 | 53,545,000 | 60,582,000 |
| Securities held to maturity | 621,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 243,212,000 | 244,053,000 | 244,955,000 | 249,626,000 |
| Interest-bearing deposits | 185,484,000 | 186,388,000 | 183,404,000 | 189,002,000 |
| Noninterest-bearing deposits | 57,728,000 | 57,665,000 | 61,551,000 | 60,624,000 |
| Equity capital | 36,338,000 | 36,598,000 | 37,388,000 | 38,296,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,968,000 | 6,130,000 | 9,246,000 | 12,604,000 |
| Interest expense | 438,000 | 933,000 | 1,458,000 | 2,103,000 |
| Net interest income | 2,530,000 | 5,197,000 | 7,788,000 | 10,501,000 |
| Noninterest income | 324,000 | 694,000 | 1,664,000 | 1,978,000 |
| Noninterest expense | 1,951,000 | 3,904,000 | 5,807,000 | 7,731,000 |
| Provision for loan losses | 500,000 | 900,000 | 1,200,000 | 1,200,000 |
| Pretax income | 403,000 | 1,087,000 | 2,361,000 | 3,464,000 |
| Income tax | 82,000 | 226,000 | 358,000 | 676,000 |
| Net income | 321,000 | 861,000 | 2,003,000 | 2,788,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,421,000 | 36,691,000 | 37,653,000 | 38,198,000 |
| Total capital | 38,145,000 | 38,819,000 | 40,083,000 | 40,637,000 |
| Risk-weighted assets | 247,072,000 | 253,662,000 | 243,937,000 | 244,362,000 |