Call reports 2006
GRANITE MOUNTAIN BANK, INC. — 2006
What GRANITE MOUNTAIN BANK, INC. reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 46,951,000 | 44,637,000 | 49,285,000 | 50,086,000 |
| Total loans | 31,688,000 | 33,043,000 | 33,682,000 | 33,702,000 |
| Allowance for loan losses | 299,000 | 303,000 | 302,000 | 359,000 |
| Securities available for sale | 5,606,000 | 5,651,000 | 5,626,000 | 6,547,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,772,000 | 39,447,000 | 43,998,000 | 44,670,000 |
| Interest-bearing deposits | 30,012,000 | 28,654,000 | 32,460,000 | 32,639,000 |
| Noninterest-bearing deposits | 10,760,000 | 10,793,000 | 11,538,000 | 12,031,000 |
| Equity capital | 4,331,000 | 4,428,000 | 4,651,000 | 4,482,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 754,000 | 1,514,000 | 2,304,000 | 3,131,000 |
| Interest expense | 131,000 | 266,000 | 417,000 | 610,000 |
| Net interest income | 623,000 | 1,248,000 | 1,887,000 | 2,521,000 |
| Noninterest income | 103,000 | 196,000 | 296,000 | 380,000 |
| Noninterest expense | 480,000 | 968,000 | 1,433,000 | 1,927,000 |
| Provision for loan losses | 9,000 | 15,000 | 18,000 | 71,000 |
| Pretax income | 237,000 | 461,000 | 732,000 | 903,000 |
| Income tax | 80,000 | 168,000 | 267,000 | 317,000 |
| Net income | 157,000 | 293,000 | 465,000 | 586,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,373,000 | 4,510,000 | 4,681,000 | 4,502,000 |
| Total capital | 4,672,000 | 4,813,000 | 4,983,000 | 4,861,000 |
| Risk-weighted assets | 31,851,000 | 32,813,000 | 33,795,000 | 36,647,000 |