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 :

External Auditor :

Baker Newman Noyes

Related Bank / Thrift	Assets	Asset Concentration
The National Grand Bank of Marblehead	430,978	Mortgage Lending Specialization

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

Total Assets	94,848	Total Operating Income	2,768
Total Liabilities	7,230	Total Operating Expenses	217
Total Equity Capital	87,618	Equity in Undistributed Income	79
		Net income (loss)	9,131

Miscellaneous
Cash Dividends Declared by Bank Holding Company	1,580
Total Consolidated Assets of Bank Holding Company	494,030

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