Call reports 2015
GRANITE MOUNTAIN BANK, INC. — 2015
What GRANITE MOUNTAIN BANK, INC. reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 65,803,000 | 66,145,000 | 68,918,000 | 69,161,000 |
| Total loans | 38,835,000 | 41,126,000 | 42,055,000 | 41,826,000 |
| Allowance for loan losses | 575,000 | 575,000 | 582,000 | 566,000 |
| Securities available for sale | 10,243,000 | 11,552,000 | 6,561,000 | 8,502,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,372,000 | 58,601,000 | 61,221,000 | 61,403,000 |
| Interest-bearing deposits | 35,985,000 | 35,756,000 | 36,804,000 | 36,913,000 |
| Noninterest-bearing deposits | 22,387,000 | 22,845,000 | 24,417,000 | 24,490,000 |
| Equity capital | 5,935,000 | 6,081,000 | 6,201,000 | 6,125,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 560,000 | 1,162,000 | 1,777,000 | 2,381,000 |
| Interest expense | 10,000 | 21,000 | 31,000 | 40,000 |
| Net interest income | 550,000 | 1,141,000 | 1,746,000 | 2,341,000 |
| Noninterest income | 87,000 | 290,000 | 385,000 | 473,000 |
| Noninterest expense | 516,000 | 1,053,000 | 1,573,000 | 2,099,000 |
| Provision for loan losses | 0 | 0 | 8,000 | 13,000 |
| Pretax income | 121,000 | 378,000 | 550,000 | 702,000 |
| Income tax | 34,000 | 129,000 | 193,000 | 207,000 |
| Net income | 87,000 | 249,000 | 357,000 | 495,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,891,000 | 6,075,000 | 6,184,000 | 6,142,000 |
| Total capital | 5,891,000 | 6,531,000 | 6,653,000 | 6,608,000 |
| Risk-weighted assets | 34,323,000 | 36,383,000 | 37,425,000 | 37,200,000 |