GRAND BANK CORPORATION Financial Reports

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GRAND BANK CORPORATION

Institution Profile

Year Opened :

1984

Institution Type :

Holding Company

Reserve District :

Boston

Federal Regulator :

FED

Entity Type :

Bank Holding Company

Fiscal Year End :

12/31

Structure :

Corporation (stock)

S-Corp :

Related Bank / Thrift	Assets	Asset Concentration
The National Grand Bank of Marblehead	442,306	Mortgage Lending Specialization

Financial Fast Facts
Balance Sheet (USD, in thousands)		Income Statement (USD, in thousands, ytd)

Total Assets	111,655	Total Operating Income	1,373
Total Liabilities	9,836	Total Operating Expenses	140
Total Equity Capital	101,819	Equity in Undistributed Income	336
		Net income (loss)	5,222

Miscellaneous
Cash Dividends Declared by Bank Holding Company	954
Total Consolidated Assets of Bank Holding Company	514,935

Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury