Call reports 2004
GRANITE MOUNTAIN BANK, INC. — 2004
What GRANITE MOUNTAIN BANK, INC. reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 41,701,000 | 43,237,000 | 44,491,000 | 44,106,000 |
| Total loans | 29,681,000 | 32,739,000 | 32,681,000 | 30,316,000 |
| Allowance for loan losses | 284,000 | 291,000 | 292,000 | 289,000 |
| Securities available for sale | 4,271,000 | 4,115,000 | 4,051,000 | 3,974,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,694,000 | 35,193,000 | 36,257,000 | 37,225,000 |
| Interest-bearing deposits | 26,465,000 | 25,946,000 | 26,282,000 | 28,151,000 |
| Noninterest-bearing deposits | 8,229,000 | 9,247,000 | 9,975,000 | 9,074,000 |
| Equity capital | 3,963,000 | 4,018,000 | 4,172,000 | 4,055,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 601,000 | 1,230,000 | 1,909,000 | 2,572,000 |
| Interest expense | 122,000 | 234,000 | 333,000 | 436,000 |
| Net interest income | 479,000 | 996,000 | 1,576,000 | 2,136,000 |
| Noninterest income | 92,000 | 195,000 | 299,000 | 409,000 |
| Noninterest expense | 473,000 | 931,000 | 1,394,000 | 1,875,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 33,000 |
| Pretax income | 89,000 | 242,000 | 454,000 | 637,000 |
| Income tax | 26,000 | 81,000 | 155,000 | 226,000 |
| Net income | 63,000 | 161,000 | 299,000 | 411,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,888,000 | 3,986,000 | 4,124,000 | 4,026,000 |
| Total capital | 4,172,000 | 4,277,000 | 4,416,000 | 4,315,000 |
| Risk-weighted assets | 32,714,000 | 31,166,000 | 30,871,000 | 29,327,000 |