Call reports 2018
GRANITE MOUNTAIN BANK, INC. — 2018
What GRANITE MOUNTAIN BANK, INC. reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 76,122,000 | 79,704,000 | 78,830,000 | 77,360,000 |
| Total loans | 42,985,000 | 45,916,000 | 45,484,000 | 44,245,000 |
| Allowance for loan losses | 605,000 | 606,000 | 606,000 | 607,000 |
| Securities available for sale | 6,415,000 | 5,913,000 | 5,907,000 | 5,936,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,635,000 | 71,485,000 | 70,322,000 | 68,690,000 |
| Interest-bearing deposits | 40,798,000 | 40,190,000 | 39,969,000 | 39,715,000 |
| Noninterest-bearing deposits | 26,837,000 | 31,295,000 | 30,353,000 | 28,975,000 |
| Equity capital | 6,584,000 | 6,740,000 | 6,967,000 | 6,981,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 684,000 | 1,407,000 | 2,218,000 | 2,999,000 |
| Interest expense | 8,000 | 17,000 | 26,000 | 36,000 |
| Net interest income | 676,000 | 1,390,000 | 2,192,000 | 2,963,000 |
| Noninterest income | 85,000 | 181,000 | 281,000 | 380,000 |
| Noninterest expense | 579,000 | 1,186,000 | 1,788,000 | 2,410,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 182,000 | 385,000 | 685,000 | 933,000 |
| Income tax | 38,000 | 86,000 | 152,000 | 183,000 |
| Net income | 144,000 | 299,000 | 533,000 | 750,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,651,000 | 6,806,000 | 7,040,000 | 7,032,000 |
| Total capital | 7,161,000 | 7,343,000 | 7,569,000 | 7,546,000 |
| Risk-weighted assets | 40,340,000 | 42,541,000 | 41,919,000 | 40,831,000 |