Call reports 2023
GRANITE BANK — 2023
What GRANITE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 247,479,000 | 269,731,000 | 278,120,000 | 292,035,000 |
| Total loans | 212,488,000 | 233,012,000 | 244,136,000 | 254,171,000 |
| Allowance for loan losses | 1,583,000 | 1,584,000 | 1,614,000 | 1,606,000 |
| Securities available for sale | 14,456,000 | 14,133,000 | 13,794,000 | 16,943,000 |
| Securities held to maturity | 3,111,000 | 3,019,000 | 2,923,000 | 2,839,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 203,885,000 | 211,643,000 | 225,690,000 | 238,517,000 |
| Interest-bearing deposits | 137,142,000 | 143,889,000 | 157,026,000 | 174,440,000 |
| Noninterest-bearing deposits | 66,743,000 | 67,754,000 | 68,664,000 | 64,077,000 |
| Equity capital | 24,070,000 | 24,034,000 | 25,510,000 | 26,735,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,022,000 | 6,520,000 | 10,788,000 | 15,250,000 |
| Interest expense | 571,000 | 1,603,000 | 2,968,000 | 4,654,000 |
| Net interest income | 2,451,000 | 4,917,000 | 7,820,000 | 10,596,000 |
| Noninterest income | 215,000 | 604,000 | 1,137,000 | 1,618,000 |
| Noninterest expense | 2,030,000 | 4,289,000 | 7,109,000 | 10,125,000 |
| Provision for loan losses | 23,000 | 45,000 | 75,000 | 105,000 |
| Pretax income | 613,000 | 1,187,000 | 1,773,000 | 1,984,000 |
| Income tax | 178,000 | 331,000 | 488,000 | 536,000 |
| Net income | 435,000 | 856,000 | 1,285,000 | 1,448,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,455,000 | 21,576,000 | 23,329,000 | 24,204,000 |
| Total capital | 23,072,000 | 23,194,000 | 24,977,000 | 25,844,000 |
| Risk-weighted assets | 210,701,000 | 213,979,000 | 231,362,000 | 239,336,000 |
Machine access — free, no API key
Every figure shown here about GRANITE BANK — 2023 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.