Call reports 2003
GRANITE NATIONAL BANK — 2003
What GRANITE NATIONAL BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 |
|---|---|---|---|
| Total assets | 4,962,000 | 4,259,000 | 4,112,000 |
| Total loans | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 |
| Securities available for sale | 4,525,000 | 3,805,000 | 3,987,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 500,000 | 500,000 | 500,000 |
| Interest-bearing deposits | 500,000 | 500,000 | 500,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 |
| Equity capital | 3,307,000 | 3,508,000 | 3,612,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 |
|---|---|---|---|
| Interest income | 10,000 | 17,000 | 24,000 |
| Interest expense | 2,000 | 3,000 | 5,000 |
| Net interest income | 8,000 | 14,000 | 19,000 |
| Noninterest income | 731,000 | 1,718,000 | 2,487,000 |
| Noninterest expense | 581,000 | 1,264,000 | 1,878,000 |
| Provision for loan losses | 0 | 0 | 0 |
| Pretax income | 158,000 | 468,000 | 628,000 |
| Income tax | 55,000 | 164,000 | 220,000 |
| Net income | 103,000 | 304,000 | 408,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 |
|---|---|---|---|
| Tier 1 capital | 3,307,000 | 3,508,000 | 3,612,000 |
| Total capital | 3,307,000 | 3,508,000 | 3,612,000 |
| Risk-weighted assets | 415,000 | 432,000 | 75,000 |