Call reports 2005
GRANITE MOUNTAIN BANK, INC. — 2005
What GRANITE MOUNTAIN BANK, INC. reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 44,693,000 | 45,411,000 | 44,015,000 | 47,120,000 |
| Total loans | 31,928,000 | 34,103,000 | 32,985,000 | 32,299,000 |
| Allowance for loan losses | 304,000 | 303,000 | 305,000 | 289,000 |
| Securities available for sale | 4,854,000 | 4,850,000 | 4,482,000 | 4,901,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,063,000 | 39,330,000 | 37,828,000 | 40,822,000 |
| Interest-bearing deposits | 28,408,000 | 29,462,000 | 26,882,000 | 29,797,000 |
| Noninterest-bearing deposits | 9,655,000 | 9,868,000 | 10,946,000 | 11,025,000 |
| Equity capital | 4,107,000 | 4,260,000 | 4,387,000 | 4,187,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 671,000 | 1,363,000 | 2,076,000 | 2,796,000 |
| Interest expense | 109,000 | 227,000 | 351,000 | 476,000 |
| Net interest income | 562,000 | 1,136,000 | 1,725,000 | 2,320,000 |
| Noninterest income | 90,000 | 182,000 | 280,000 | 368,000 |
| Noninterest expense | 469,000 | 939,000 | 1,402,000 | 1,892,000 |
| Provision for loan losses | 9,000 | 18,000 | 18,000 | 0 |
| Pretax income | 174,000 | 361,000 | 585,000 | 796,000 |
| Income tax | 73,000 | 144,000 | 224,000 | 306,000 |
| Net income | 101,000 | 217,000 | 361,000 | 490,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,127,000 | 4,243,000 | 4,387,000 | 4,216,000 |
| Total capital | 4,431,000 | 4,546,000 | 4,692,000 | 4,505,000 |
| Risk-weighted assets | 29,120,000 | 31,948,000 | 31,652,000 | 32,197,000 |