Call reports 2012
GRANITE MOUNTAIN BANK, INC. — 2012
What GRANITE MOUNTAIN BANK, INC. reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 59,463,000 | 59,224,000 | 61,744,000 | 63,281,000 |
| Total loans | 40,887,000 | 43,506,000 | 44,249,000 | 42,929,000 |
| Allowance for loan losses | 554,000 | 532,000 | 581,000 | 596,000 |
| Securities available for sale | 4,989,000 | 4,157,000 | 3,650,000 | 3,134,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,972,000 | 52,605,000 | 54,995,000 | 56,526,000 |
| Interest-bearing deposits | 36,684,000 | 35,867,000 | 34,999,000 | 38,039,000 |
| Noninterest-bearing deposits | 16,288,000 | 16,738,000 | 19,996,000 | 18,487,000 |
| Equity capital | 5,328,000 | 5,426,000 | 5,538,000 | 5,430,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 720,000 | 1,441,000 | 2,197,000 | 2,913,000 |
| Interest expense | 35,000 | 67,000 | 97,000 | 125,000 |
| Net interest income | 685,000 | 1,374,000 | 2,100,000 | 2,788,000 |
| Noninterest income | 60,000 | 122,000 | 202,000 | 298,000 |
| Noninterest expense | 594,000 | 1,171,000 | 1,755,000 | 2,349,000 |
| Provision for loan losses | 24,000 | 48,000 | 98,000 | 118,000 |
| Pretax income | 127,000 | 277,000 | 449,000 | 619,000 |
| Income tax | 44,000 | 102,000 | 166,000 | 212,000 |
| Net income | 83,000 | 175,000 | 283,000 | 407,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,318,000 | 5,411,000 | 5,520,000 | 5,414,000 |
| Total capital | 5,827,000 | 5,943,000 | 6,051,000 | 5,927,000 |
| Risk-weighted assets | 40,654,000 | 43,103,000 | 42,452,000 | 40,924,000 |