Call reports 2022
GRANITE BANK — 2022
What GRANITE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 145,636,000 | 136,067,000 | 233,168,000 | 239,244,000 |
| Total loans | 106,345,000 | 104,429,000 | 188,119,000 | 204,225,000 |
| Allowance for loan losses | 1,485,000 | 1,508,000 | 1,532,000 | 1,553,000 |
| Securities available for sale | 15,050,000 | 15,357,000 | 14,768,000 | 14,817,000 |
| Securities held to maturity | 197,000 | 197,000 | 3,549,000 | 3,448,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 132,853,000 | 123,644,000 | 203,337,000 | 203,222,000 |
| Interest-bearing deposits | 89,018,000 | 83,995,000 | 129,419,000 | 132,960,000 |
| Noninterest-bearing deposits | 43,835,000 | 39,649,000 | 73,918,000 | 70,262,000 |
| Equity capital | 12,434,000 | 12,132,000 | 23,283,000 | 23,881,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,525,000 | 3,095,000 | 5,416,000 | 8,405,000 |
| Interest expense | 71,000 | 142,000 | 293,000 | 563,000 |
| Net interest income | 1,454,000 | 2,953,000 | 5,123,000 | 7,842,000 |
| Noninterest income | 228,000 | 509,000 | 773,000 | 997,000 |
| Noninterest expense | 1,129,000 | 2,205,000 | 3,860,000 | 6,191,000 |
| Provision for loan losses | 23,000 | 45,000 | 68,000 | 90,000 |
| Pretax income | 530,000 | 1,212,000 | 1,968,000 | 2,558,000 |
| Income tax | 126,000 | 292,000 | 502,000 | 654,000 |
| Net income | 404,000 | 920,000 | 1,466,000 | 1,904,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,934,000 | 13,024,000 | 21,324,000 | 21,848,000 |
| Total capital | 14,269,000 | 14,394,000 | 22,890,000 | 23,435,000 |
| Risk-weighted assets | 106,708,000 | 109,521,000 | 186,902,000 | 199,778,000 |