Call reports 2001
GRANITE MOUNTAIN BANK, INC. — 2001
What GRANITE MOUNTAIN BANK, INC. reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 39,020,000 | 40,004,000 | 41,168,000 | 40,466,000 |
| Total loans | 27,681,000 | 29,639,000 | 29,956,000 | 28,500,000 |
| Allowance for loan losses | 261,000 | 265,000 | 262,000 | 279,000 |
| Securities available for sale | 3,274,000 | 3,076,000 | 2,718,000 | 2,651,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,017,000 | 29,981,000 | 31,016,000 | 31,388,000 |
| Interest-bearing deposits | 23,738,000 | 24,527,000 | 25,072,000 | 24,962,000 |
| Noninterest-bearing deposits | 5,279,000 | 5,454,000 | 5,944,000 | 6,426,000 |
| Equity capital | 3,808,000 | 3,858,000 | 3,958,000 | 3,690,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 758,000 | 1,534,000 | 2,311,000 | 3,081,000 |
| Interest expense | 330,000 | 671,000 | 1,002,000 | 1,291,000 |
| Net interest income | 428,000 | 863,000 | 1,309,000 | 1,790,000 |
| Noninterest income | 80,000 | 207,000 | 294,000 | 384,000 |
| Noninterest expense | 406,000 | 851,000 | 1,271,000 | 1,817,000 |
| Provision for loan losses | 0 | 0 | 0 | 40,000 |
| Pretax income | 102,000 | 219,000 | 332,000 | 317,000 |
| Income tax | -19,000 | 39,000 | 77,000 | 87,000 |
| Net income | 121,000 | 180,000 | 255,000 | 230,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,783,000 | 3,836,000 | 3,911,000 | 3,661,000 |
| Total capital | 4,044,000 | 4,101,000 | 4,173,000 | 3,940,000 |
| Risk-weighted assets | 27,137,000 | 29,045,000 | 28,825,000 | 27,076,000 |