Call reports 2023
GRINNELL STATE BANK — 2023
What GRINNELL STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 461,641,000 | 471,490,000 | 461,087,000 | 467,629,000 |
| Total loans | 332,144,000 | 334,686,000 | 334,821,000 | 332,129,000 |
| Allowance for loan losses | 3,684,000 | 3,684,000 | 3,684,000 | 3,684,000 |
| Securities available for sale | 108,383,000 | 105,627,000 | 101,348,000 | 104,976,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 361,750,000 | 373,230,000 | 364,996,000 | 364,220,000 |
| Interest-bearing deposits | 280,667,000 | 280,573,000 | 273,371,000 | 280,359,000 |
| Noninterest-bearing deposits | 81,083,000 | 92,657,000 | 91,624,000 | 83,861,000 |
| Equity capital | 34,845,000 | 35,172,000 | 31,789,000 | 38,519,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 4,582,000 | 9,588,000 | 15,002,000 | 20,405,000 |
| Interest expense | 1,644,000 | 3,655,000 | 5,892,000 | 8,379,000 |
| Net interest income | 2,938,000 | 5,933,000 | 9,110,000 | 12,026,000 |
| Noninterest income | 392,000 | 1,041,000 | 1,380,000 | 1,846,000 |
| Noninterest expense | 2,461,000 | 4,673,000 | 7,467,000 | 9,671,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 869,000 | 2,301,000 | 3,023,000 | 4,208,000 |
| Income tax | 282,000 | 583,000 | 837,000 | 919,000 |
| Net income | 587,000 | 1,718,000 | 2,186,000 | 3,289,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,084,000 | 50,915,000 | 51,083,000 | 53,302,000 |
| Total capital | 53,768,000 | 54,599,000 | 54,767,000 | 56,986,000 |
| Risk-weighted assets | 357,743,000 | 361,559,000 | 360,456,000 | 359,492,000 |