Call reports 2025
GRANITE BANK — 2025
What GRANITE BANK reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 308,468,000 | 327,988,000 | 341,075,000 | 350,736,000 |
| Total loans | 271,182,000 | 286,974,000 | 298,539,000 | 310,572,000 |
| Allowance for loan losses | 1,810,000 | 1,871,000 | 1,864,000 | 1,881,000 |
| Securities available for sale | 17,566,000 | 16,996,000 | 16,865,000 | 16,185,000 |
| Securities held to maturity | 2,413,000 | 2,329,000 | 2,243,000 | 2,164,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 272,732,000 | 273,435,000 | 295,810,000 | 291,791,000 |
| Interest-bearing deposits | 200,889,000 | 201,544,000 | 226,145,000 | 222,646,000 |
| Noninterest-bearing deposits | 71,843,000 | 71,891,000 | 69,665,000 | 69,145,000 |
| Equity capital | 27,819,000 | 29,178,000 | 29,671,000 | 29,965,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 4,939,000 | 9,991,000 | 15,627,000 | 21,209,000 |
| Interest expense | 1,850,000 | 3,745,000 | 5,847,000 | 7,862,000 |
| Net interest income | 3,089,000 | 6,246,000 | 9,780,000 | 13,347,000 |
| Noninterest income | 4,852,000 | 14,175,000 | 24,438,000 | 35,153,000 |
| Noninterest expense | 7,077,000 | 18,206,000 | 30,666,000 | 44,001,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 804,000 | 2,095,000 | 3,372,000 | 4,259,000 |
| Income tax | 223,000 | 586,000 | 935,000 | 1,193,000 |
| Net income | 581,000 | 1,509,000 | 2,437,000 | 3,066,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,649,000 | 26,998,000 | 27,473,000 | 27,773,000 |
| Total capital | 27,493,000 | 28,903,000 | 29,371,000 | 29,688,000 |
| Risk-weighted assets | 259,352,000 | 274,942,000 | 267,403,000 | 281,951,000 |