Call reports 2019
GRANITE MOUNTAIN BANK, INC. — 2019
What GRANITE MOUNTAIN BANK, INC. reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 77,551,000 | 79,792,000 | 85,884,000 | 85,911,000 |
| Total loans | 44,864,000 | 46,512,000 | 46,561,000 | 45,129,000 |
| Allowance for loan losses | 607,000 | 607,000 | 606,000 | 606,000 |
| Securities available for sale | 5,961,000 | 6,025,000 | 9,029,000 | 9,072,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,882,000 | 70,797,000 | 76,513,000 | 76,398,000 |
| Interest-bearing deposits | 40,069,000 | 39,278,000 | 41,144,000 | 41,101,000 |
| Noninterest-bearing deposits | 28,813,000 | 31,519,000 | 35,369,000 | 35,297,000 |
| Equity capital | 7,189,000 | 7,439,000 | 7,744,000 | 7,648,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 777,000 | 1,593,000 | 2,476,000 | 3,298,000 |
| Interest expense | 16,000 | 32,000 | 49,000 | 68,000 |
| Net interest income | 761,000 | 1,561,000 | 2,427,000 | 3,230,000 |
| Noninterest income | 88,000 | 181,000 | 278,000 | 374,000 |
| Noninterest expense | 605,000 | 1,228,000 | 1,819,000 | 2,462,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 244,000 | 514,000 | 886,000 | 1,142,000 |
| Income tax | 54,000 | 113,000 | 195,000 | 251,000 |
| Net income | 190,000 | 401,000 | 691,000 | 891,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,222,000 | 7,433,000 | 7,723,000 | 7,623,000 |
| Total capital | 7,747,000 | 7,973,000 | 8,266,000 | 8,139,000 |
| Risk-weighted assets | 41,613,000 | 42,847,000 | 43,049,000 | 40,845,000 |