Call reports 2015
GRANITE BANK — 2015
What GRANITE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 99,796,000 | 98,409,000 | 105,298,000 | 99,595,000 |
| Total loans | 77,377,000 | 79,124,000 | 79,935,000 | 80,819,000 |
| Allowance for loan losses | 1,121,000 | 1,144,000 | 1,175,000 | 1,048,000 |
| Securities available for sale | 5,609,000 | 4,387,000 | 4,408,000 | 4,810,000 |
| Securities held to maturity | 0 | 900,000 | 900,000 | 900,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,264,000 | 86,874,000 | 94,795,000 | 89,836,000 |
| Interest-bearing deposits | 69,631,000 | 65,839,000 | 70,501,000 | 64,092,000 |
| Noninterest-bearing deposits | 18,633,000 | 21,035,000 | 24,294,000 | 25,744,000 |
| Equity capital | 8,290,000 | 8,265,000 | 8,230,000 | 8,503,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 986,000 | 2,055,000 | 3,115,000 | 4,151,000 |
| Interest expense | 83,000 | 166,000 | 243,000 | 321,000 |
| Net interest income | 903,000 | 1,889,000 | 2,872,000 | 3,830,000 |
| Noninterest income | 145,000 | 315,000 | 317,000 | 509,000 |
| Noninterest expense | 859,000 | 1,775,000 | 2,752,000 | 3,568,000 |
| Provision for loan losses | 23,000 | 45,000 | 68,000 | 90,000 |
| Pretax income | 166,000 | 384,000 | 369,000 | 681,000 |
| Income tax | 0 | 0 | 0 | 6,000 |
| Net income | 166,000 | 384,000 | 369,000 | 675,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,152,000 | 8,149,000 | 8,089,000 | 8,396,000 |
| Total capital | 9,163,000 | 9,189,000 | 9,116,000 | 9,444,000 |
| Risk-weighted assets | 80,800,000 | 83,118,000 | 82,073,000 | 85,938,000 |