Call reports 2022
GRANITE MOUNTAIN BANK, INC. — 2022
What GRANITE MOUNTAIN BANK, INC. reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 137,517,000 | 136,966,000 | 134,499,000 | 129,163,000 |
| Total loans | 42,662,000 | 43,166,000 | 43,944,000 | 42,606,000 |
| Allowance for loan losses | 627,000 | 630,000 | 631,000 | 634,000 |
| Securities available for sale | 15,922,000 | 15,585,000 | 13,775,000 | 13,798,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,528,000 | 126,132,000 | 123,466,000 | 117,823,000 |
| Interest-bearing deposits | 55,870,000 | 55,171,000 | 52,672,000 | 52,613,000 |
| Noninterest-bearing deposits | 71,658,000 | 70,961,000 | 70,794,000 | 65,210,000 |
| Equity capital | 8,665,000 | 9,300,000 | 9,424,000 | 9,688,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 613,000 | 1,354,000 | 2,346,000 | 3,653,000 |
| Interest expense | 5,000 | 9,000 | 13,000 | 20,000 |
| Net interest income | 608,000 | 1,345,000 | 2,333,000 | 3,633,000 |
| Noninterest income | 103,000 | 1,158,000 | 1,276,000 | 1,385,000 |
| Noninterest expense | 598,000 | 1,209,000 | 1,847,000 | 2,529,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 110,000 | 1,289,000 | 1,757,000 | 2,489,000 |
| Income tax | 24,000 | 321,000 | 441,000 | 622,000 |
| Net income | 86,000 | 968,000 | 1,316,000 | 1,867,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,213,000 | 10,094,000 | 10,444,000 | 10,694,000 |
| Total capital | 9,749,000 | 10,631,000 | 11,001,000 | 11,239,000 |
| Risk-weighted assets | 42,790,000 | 42,895,000 | 44,512,000 | 43,585,000 |