Call reports 2021
GRINNELL STATE BANK — 2021
What GRINNELL STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 420,133,000 | 425,359,000 | 453,554,000 | 449,816,000 |
| Total loans | 286,295,000 | 290,595,000 | 284,063,000 | 280,778,000 |
| Allowance for loan losses | 2,733,000 | 2,933,000 | 3,133,000 | 3,434,000 |
| Securities available for sale | 93,617,000 | 104,754,000 | 133,444,000 | 147,367,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 338,116,000 | 345,716,000 | 375,498,000 | 372,441,000 |
| Interest-bearing deposits | 254,398,000 | 260,175,000 | 280,067,000 | 282,249,000 |
| Noninterest-bearing deposits | 83,718,000 | 85,541,000 | 95,431,000 | 90,192,000 |
| Equity capital | 44,849,000 | 45,752,000 | 46,032,000 | 45,726,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 4,168,000 | 8,033,000 | 11,769,000 | 15,445,000 |
| Interest expense | 544,000 | 1,046,000 | 1,543,000 | 2,065,000 |
| Net interest income | 3,624,000 | 6,987,000 | 10,226,000 | 13,380,000 |
| Noninterest income | 327,000 | 654,000 | 1,181,000 | 1,766,000 |
| Noninterest expense | 2,179,000 | 4,279,000 | 6,558,000 | 8,838,000 |
| Provision for loan losses | 150,000 | 350,000 | 550,000 | 850,000 |
| Pretax income | 1,622,000 | 3,012,000 | 4,299,000 | 5,210,000 |
| Income tax | 435,000 | 779,000 | 1,096,000 | 1,396,000 |
| Net income | 1,187,000 | 2,233,000 | 3,203,000 | 3,814,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,724,000 | 45,469,000 | 46,139,000 | 46,476,000 |
| Total capital | 47,457,000 | 48,402,000 | 49,272,000 | 49,910,000 |
| Risk-weighted assets | 303,927,000 | 305,817,000 | 312,461,000 | 310,350,000 |