Call reports 2018
GRANITE BANK — 2018
What GRANITE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 112,597,000 | 115,574,000 | 118,956,000 | 112,986,000 |
| Total loans | 94,282,000 | 96,233,000 | 99,117,000 | 91,740,000 |
| Allowance for loan losses | 891,000 | 920,000 | 948,000 | 978,000 |
| Securities available for sale | 7,647,000 | 8,426,000 | 8,751,000 | 9,025,000 |
| Securities held to maturity | 611,000 | 611,000 | 562,000 | 562,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,351,000 | 100,019,000 | 100,661,000 | 99,797,000 |
| Interest-bearing deposits | 76,865,000 | 74,378,000 | 73,356,000 | 72,214,000 |
| Noninterest-bearing deposits | 24,486,000 | 25,641,000 | 27,305,000 | 27,583,000 |
| Equity capital | 9,855,000 | 10,076,000 | 10,406,000 | 9,597,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,239,000 | 2,554,000 | 4,002,000 | 5,374,000 |
| Interest expense | 179,000 | 361,000 | 569,000 | 829,000 |
| Net interest income | 1,060,000 | 2,193,000 | 3,433,000 | 4,545,000 |
| Noninterest income | 194,000 | 428,000 | 681,000 | 956,000 |
| Noninterest expense | 953,000 | 1,929,000 | 2,885,000 | 3,820,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 271,000 | 632,000 | 1,139,000 | 1,561,000 |
| Income tax | 2,000 | 2,000 | 144,000 | 260,000 |
| Net income | 269,000 | 630,000 | 995,000 | 1,301,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,833,000 | 10,040,000 | 10,340,000 | 9,559,000 |
| Total capital | 10,724,000 | 10,960,000 | 11,288,000 | 10,537,000 |
| Risk-weighted assets | 95,208,000 | 98,964,000 | 112,035,000 | 103,480,000 |