Call reports 2014
GRANITE MOUNTAIN BANK, INC. — 2014
What GRANITE MOUNTAIN BANK, INC. reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 64,662,000 | 63,091,000 | 64,116,000 | 66,544,000 |
| Total loans | 39,667,000 | 40,628,000 | 41,073,000 | 39,591,000 |
| Allowance for loan losses | 633,000 | 609,000 | 609,000 | 609,000 |
| Securities available for sale | 6,028,000 | 9,053,000 | 9,040,000 | 9,549,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,726,000 | 55,939,000 | 56,792,000 | 59,007,000 |
| Interest-bearing deposits | 35,738,000 | 34,910,000 | 34,086,000 | 35,621,000 |
| Noninterest-bearing deposits | 21,988,000 | 21,029,000 | 22,706,000 | 23,386,000 |
| Equity capital | 5,657,000 | 5,768,000 | 5,888,000 | 5,829,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 590,000 | 1,206,000 | 1,832,000 | 2,434,000 |
| Interest expense | 17,000 | 31,000 | 44,000 | 55,000 |
| Net interest income | 573,000 | 1,175,000 | 1,788,000 | 2,379,000 |
| Noninterest income | 80,000 | 170,000 | 294,000 | 398,000 |
| Noninterest expense | 565,000 | 1,105,000 | 1,638,000 | 2,286,000 |
| Provision for loan losses | 0 | 5,000 | 5,000 | 5,000 |
| Pretax income | 88,000 | 235,000 | 439,000 | 486,000 |
| Income tax | 35,000 | 88,000 | 168,000 | 106,000 |
| Net income | 53,000 | 147,000 | 271,000 | 380,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,677,000 | 5,769,000 | 5,894,000 | 5,779,000 |
| Total capital | 6,108,000 | 6,218,000 | 6,356,000 | 6,229,000 |
| Risk-weighted assets | 34,289,000 | 35,759,000 | 36,810,000 | 35,862,000 |