Call reports 2016
GRANITE BANK — 2016
What GRANITE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 104,880,000 | 104,508,000 | 105,223,000 | 109,446,000 |
| Total loans | 80,698,000 | 82,880,000 | 88,189,000 | 88,850,000 |
| Allowance for loan losses | 1,070,000 | 1,107,000 | 1,130,000 | 1,152,000 |
| Securities available for sale | 3,743,000 | 3,915,000 | 4,045,000 | 4,939,000 |
| Securities held to maturity | 800,000 | 800,000 | 754,000 | 754,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,208,000 | 94,650,000 | 95,106,000 | 100,086,000 |
| Interest-bearing deposits | 70,351,000 | 71,082,000 | 69,845,000 | 74,567,000 |
| Noninterest-bearing deposits | 24,857,000 | 23,568,000 | 25,261,000 | 25,519,000 |
| Equity capital | 8,453,000 | 8,572,000 | 8,864,000 | 8,894,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,027,000 | 2,118,000 | 3,223,000 | 4,357,000 |
| Interest expense | 79,000 | 169,000 | 259,000 | 356,000 |
| Net interest income | 948,000 | 1,949,000 | 2,964,000 | 4,001,000 |
| Noninterest income | 178,000 | 374,000 | 623,000 | 826,000 |
| Noninterest expense | 875,000 | 1,745,000 | 2,599,000 | 3,465,000 |
| Provision for loan losses | 23,000 | 60,000 | 83,000 | 105,000 |
| Pretax income | 228,000 | 518,000 | 905,000 | 1,257,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 226,000 | 516,000 | 903,000 | 1,255,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,330,000 | 8,425,000 | 8,734,000 | 8,835,000 |
| Total capital | 9,376,000 | 9,487,000 | 9,864,000 | 9,887,000 |
| Risk-weighted assets | 83,703,000 | 84,936,000 | 90,823,000 | 84,120,000 |