Call reports 2007
GRANITE MOUNTAIN BANK, INC. — 2007
What GRANITE MOUNTAIN BANK, INC. reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 51,201,000 | 52,294,000 | 50,478,000 | 51,589,000 |
| Total loans | 36,101,000 | 38,115,000 | 38,987,000 | 37,751,000 |
| Allowance for loan losses | 356,000 | 356,000 | 356,000 | 355,000 |
| Securities available for sale | 6,459,000 | 6,323,000 | 5,777,000 | 4,732,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,843,000 | 46,840,000 | 44,696,000 | 45,640,000 |
| Interest-bearing deposits | 33,430,000 | 33,825,000 | 30,862,000 | 31,457,000 |
| Noninterest-bearing deposits | 12,413,000 | 13,015,000 | 13,834,000 | 14,183,000 |
| Equity capital | 4,604,000 | 4,715,000 | 4,920,000 | 4,727,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 845,000 | 1,749,000 | 2,640,000 | 3,535,000 |
| Interest expense | 200,000 | 420,000 | 641,000 | 836,000 |
| Net interest income | 645,000 | 1,329,000 | 1,999,000 | 2,699,000 |
| Noninterest income | 130,000 | 212,000 | 303,000 | 389,000 |
| Noninterest expense | 564,000 | 1,072,000 | 1,565,000 | 2,067,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 211,000 | 469,000 | 737,000 | 1,021,000 |
| Income tax | 88,000 | 210,000 | 316,000 | 362,000 |
| Net income | 123,000 | 259,000 | 421,000 | 659,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,625,000 | 4,761,000 | 4,923,000 | 4,712,000 |
| Total capital | 4,981,000 | 5,117,000 | 5,279,000 | 5,067,000 |
| Risk-weighted assets | 35,457,000 | 37,698,000 | 38,264,000 | 37,338,000 |