Call reports 2013
GRANITE BANK — 2013
What GRANITE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 80,518,000 | 77,772,000 | 86,603,000 | 91,404,000 |
| Total loans | 56,861,000 | 60,864,000 | 67,574,000 | 72,659,000 |
| Allowance for loan losses | 1,030,000 | 1,047,000 | 1,074,000 | 1,021,000 |
| Securities available for sale | 4,156,000 | 4,403,000 | 4,158,000 | 4,142,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,918,000 | 65,305,000 | 74,445,000 | 79,221,000 |
| Interest-bearing deposits | 51,540,000 | 48,379,000 | 56,865,000 | 57,499,000 |
| Noninterest-bearing deposits | 16,378,000 | 16,926,000 | 17,580,000 | 21,722,000 |
| Equity capital | 7,925,000 | 7,802,000 | 7,959,000 | 8,015,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 858,000 | 1,680,000 | 2,636,000 | 3,568,000 |
| Interest expense | 79,000 | 158,000 | 235,000 | 312,000 |
| Net interest income | 779,000 | 1,522,000 | 2,401,000 | 3,256,000 |
| Noninterest income | 142,000 | 359,000 | 593,000 | 595,000 |
| Noninterest expense | 717,000 | 1,485,000 | 2,309,000 | 3,120,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 36,000 |
| Pretax income | 174,000 | 336,000 | 595,000 | 695,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 174,000 | 335,000 | 594,000 | 694,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,765,000 | 7,709,000 | 7,846,000 | 7,914,000 |
| Total capital | 8,420,000 | 8,478,000 | 8,725,000 | 8,862,000 |
| Risk-weighted assets | 53,365,000 | 63,833,000 | 72,837,000 | 79,064,000 |