Call reports 2013
GRANITE MOUNTAIN BANK, INC. — 2013
What GRANITE MOUNTAIN BANK, INC. reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 63,675,000 | 66,141,000 | 65,211,000 | 64,967,000 |
| Total loans | 43,421,000 | 44,204,000 | 43,633,000 | 40,808,000 |
| Allowance for loan losses | 579,000 | 590,000 | 591,000 | 639,000 |
| Securities available for sale | 2,622,000 | 2,081,000 | 2,064,000 | 3,537,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,808,000 | 59,262,000 | 58,191,000 | 57,920,000 |
| Interest-bearing deposits | 36,429,000 | 35,936,000 | 36,291,000 | 36,097,000 |
| Noninterest-bearing deposits | 20,379,000 | 23,326,000 | 21,900,000 | 21,823,000 |
| Equity capital | 5,573,000 | 5,617,000 | 5,711,000 | 5,601,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 672,000 | 1,334,000 | 2,024,000 | 2,706,000 |
| Interest expense | 25,000 | 47,000 | 67,000 | 85,000 |
| Net interest income | 647,000 | 1,287,000 | 1,957,000 | 2,621,000 |
| Noninterest income | 82,000 | 131,000 | 205,000 | 272,000 |
| Noninterest expense | 500,000 | 1,139,000 | 1,737,000 | 2,306,000 |
| Provision for loan losses | 20,000 | 36,000 | 36,000 | 86,000 |
| Pretax income | 209,000 | 243,000 | 389,000 | 501,000 |
| Income tax | 62,000 | 75,000 | 124,000 | 183,000 |
| Net income | 147,000 | 168,000 | 265,000 | 318,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,558,000 | 5,622,000 | 5,721,000 | 5,623,000 |
| Total capital | 6,071,000 | 6,145,000 | 6,242,000 | 6,134,000 |
| Risk-weighted assets | 40,985,000 | 41,792,000 | 41,590,000 | 40,743,000 |