Call reports 2019
GRANITE BANK — 2019
What GRANITE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 117,896,000 | 123,265,000 | 123,901,000 | 116,972,000 |
| Total loans | 90,718,000 | 100,592,000 | 98,436,000 | 98,789,000 |
| Allowance for loan losses | 1,008,000 | 1,037,000 | 1,067,000 | 985,000 |
| Securities available for sale | 8,834,000 | 8,869,000 | 8,662,000 | 8,402,000 |
| Securities held to maturity | 512,000 | 512,000 | 462,000 | 462,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,572,000 | 112,266,000 | 112,632,000 | 102,555,000 |
| Interest-bearing deposits | 79,311,000 | 85,472,000 | 85,584,000 | 75,625,000 |
| Noninterest-bearing deposits | 26,261,000 | 26,794,000 | 27,048,000 | 26,930,000 |
| Equity capital | 9,818,000 | 10,448,000 | 10,502,000 | 10,652,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,321,000 | 2,769,000 | 4,296,000 | 5,739,000 |
| Interest expense | 274,000 | 597,000 | 923,000 | 1,197,000 |
| Net interest income | 1,047,000 | 2,172,000 | 3,373,000 | 4,542,000 |
| Noninterest income | 327,000 | 554,000 | 831,000 | 1,100,000 |
| Noninterest expense | 1,005,000 | 1,916,000 | 2,837,000 | 3,809,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 339,000 | 750,000 | 1,277,000 | 1,713,000 |
| Income tax | 78,000 | 174,000 | 307,000 | 408,000 |
| Net income | 261,000 | 576,000 | 970,000 | 1,305,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,648,000 | 10,187,000 | 10,204,000 | 10,337,000 |
| Total capital | 10,656,000 | 11,224,000 | 11,271,000 | 11,322,000 |
| Risk-weighted assets | 99,150,000 | 106,757,000 | 106,261,000 | 107,275,000 |