Call reports 2002
GRANITE MOUNTAIN BANK, INC. — 2002
What GRANITE MOUNTAIN BANK, INC. reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 40,126,000 | 38,460,000 | 39,135,000 | 41,213,000 |
| Total loans | 28,274,000 | 27,925,000 | 29,119,000 | 28,401,000 |
| Allowance for loan losses | 270,000 | 268,000 | 246,000 | 258,000 |
| Securities available for sale | 2,749,000 | 3,324,000 | 3,826,000 | 4,726,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,251,000 | 31,481,000 | 31,932,000 | 33,962,000 |
| Interest-bearing deposits | 25,213,000 | 25,123,000 | 25,679,000 | 26,092,000 |
| Noninterest-bearing deposits | 6,038,000 | 6,358,000 | 6,253,000 | 7,870,000 |
| Equity capital | 3,753,000 | 3,888,000 | 4,067,000 | 3,823,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 686,000 | 1,353,000 | 2,038,000 | 2,791,000 |
| Interest expense | 251,000 | 459,000 | 645,000 | 820,000 |
| Net interest income | 435,000 | 894,000 | 1,393,000 | 1,971,000 |
| Noninterest income | 76,000 | 162,000 | 262,000 | 356,000 |
| Noninterest expense | 407,000 | 859,000 | 1,304,000 | 1,827,000 |
| Provision for loan losses | 0 | 0 | 0 | 50,000 |
| Pretax income | 104,000 | 197,000 | 351,000 | 450,000 |
| Income tax | 26,000 | 24,000 | 47,000 | 132,000 |
| Net income | 78,000 | 173,000 | 304,000 | 318,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,739,000 | 3,834,000 | 3,965,000 | 3,724,000 |
| Total capital | 4,009,000 | 4,102,000 | 4,211,000 | 3,982,000 |
| Risk-weighted assets | 27,910,000 | 28,032,000 | 29,911,000 | 27,845,000 |