Call reports 2024
GRINNELL STATE BANK — 2024
What GRINNELL STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 475,132,000 | 494,166,000 | 508,261,000 | 493,042,000 |
| Total loans | 348,390,000 | 368,091,000 | 378,322,000 | 376,966,000 |
| Allowance for loan losses | 3,684,000 | 3,684,000 | 3,684,000 | 3,924,000 |
| Securities available for sale | 99,639,000 | 98,376,000 | 97,842,000 | 91,811,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 359,213,000 | 348,156,000 | 344,338,000 | 333,908,000 |
| Interest-bearing deposits | 275,177,000 | 261,419,000 | 260,603,000 | 251,858,000 |
| Noninterest-bearing deposits | 84,037,000 | 86,738,000 | 83,734,000 | 82,050,000 |
| Equity capital | 37,558,000 | 38,686,000 | 42,605,000 | 40,166,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 5,422,000 | 11,270,000 | 17,765,000 | 24,416,000 |
| Interest expense | 2,685,000 | 5,441,000 | 8,587,000 | 11,718,000 |
| Net interest income | 2,737,000 | 5,829,000 | 9,178,000 | 12,698,000 |
| Noninterest income | 398,000 | 986,000 | 1,356,000 | 1,959,000 |
| Noninterest expense | 2,534,000 | 5,001,000 | 7,543,000 | 10,119,000 |
| Provision for loan losses | 0 | 0 | 0 | 237,000 |
| Pretax income | 601,000 | 1,814,000 | 2,948,000 | 4,258,000 |
| Income tax | 142,000 | 427,000 | 732,000 | 973,000 |
| Net income | 459,000 | 1,387,000 | 2,216,000 | 3,285,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,461,000 | 54,090,000 | 54,619,000 | 55,412,000 |
| Total capital | 57,145,000 | 57,774,000 | 58,303,000 | 59,336,000 |
| Risk-weighted assets | 375,226,000 | 392,981,000 | 403,248,000 | 400,409,000 |