Call reports 2017
GRANITE BANK — 2017
What GRANITE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 103,796,000 | 107,559,000 | 111,503,000 | 115,127,000 |
| Total loans | 86,074,000 | 87,536,000 | 90,825,000 | 95,649,000 |
| Allowance for loan losses | 909,000 | 808,000 | 857,000 | 902,000 |
| Securities available for sale | 5,946,000 | 7,030,000 | 8,898,000 | 8,793,000 |
| Securities held to maturity | 707,000 | 707,000 | 659,000 | 659,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,088,000 | 97,585,000 | 97,136,000 | 99,040,000 |
| Interest-bearing deposits | 68,289,000 | 71,446,000 | 70,486,000 | 73,278,000 |
| Noninterest-bearing deposits | 25,799,000 | 26,139,000 | 26,650,000 | 25,762,000 |
| Equity capital | 9,262,000 | 9,498,000 | 9,903,000 | 9,685,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,156,000 | 2,267,000 | 3,498,000 | 4,722,000 |
| Interest expense | 94,000 | 191,000 | 301,000 | 443,000 |
| Net interest income | 1,062,000 | 2,076,000 | 3,197,000 | 4,279,000 |
| Noninterest income | 182,000 | 409,000 | 715,000 | 891,000 |
| Noninterest expense | 878,000 | 1,785,000 | 2,655,000 | 3,570,000 |
| Provision for loan losses | 24,000 | 48,000 | 97,000 | 145,000 |
| Pretax income | 342,000 | 652,000 | 1,160,000 | 1,455,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 342,000 | 652,000 | 1,160,000 | 1,455,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,147,000 | 9,325,000 | 9,731,000 | 9,597,000 |
| Total capital | 10,056,000 | 10,133,000 | 10,588,000 | 10,499,000 |
| Risk-weighted assets | 95,472,000 | 91,211,000 | 91,646,000 | 96,808,000 |