Call reports 2022
GRINNELL STATE BANK — 2022
What GRINNELL STATE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 446,767,000 | 461,349,000 | 441,266,000 | 448,401,000 |
| Total loans | 280,161,000 | 292,695,000 | 305,872,000 | 318,075,000 |
| Allowance for loan losses | 3,434,000 | 3,434,000 | 3,434,000 | 3,684,000 |
| Securities available for sale | 137,561,000 | 123,480,000 | 112,765,000 | 108,301,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 370,726,000 | 380,361,000 | 372,715,000 | 371,977,000 |
| Interest-bearing deposits | 275,176,000 | 281,283,000 | 277,600,000 | 279,730,000 |
| Noninterest-bearing deposits | 95,550,000 | 99,078,000 | 95,115,000 | 92,247,000 |
| Equity capital | 39,115,000 | 34,765,000 | 31,623,000 | 33,215,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,644,000 | 7,535,000 | 12,299,000 | 16,784,000 |
| Interest expense | 443,000 | 882,000 | 1,438,000 | 2,546,000 |
| Net interest income | 3,201,000 | 6,653,000 | 10,861,000 | 14,238,000 |
| Noninterest income | 399,000 | 816,000 | 1,202,000 | 1,567,000 |
| Noninterest expense | 2,329,000 | 4,637,000 | 6,929,000 | 9,397,000 |
| Provision for loan losses | 0 | 0 | 0 | 250,000 |
| Pretax income | 1,271,000 | 2,832,000 | 5,134,000 | 5,991,000 |
| Income tax | 333,000 | 715,000 | 1,305,000 | 1,496,000 |
| Net income | 938,000 | 2,117,000 | 3,829,000 | 4,495,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,314,000 | 47,993,000 | 49,405,000 | 49,797,000 |
| Total capital | 50,748,000 | 51,427,000 | 52,839,000 | 53,481,000 |
| Risk-weighted assets | 312,122,000 | 331,634,000 | 338,631,000 | 349,338,000 |