Call reports 2002
GRANITE COMMUNITY BANK, NATIONAL ASSOCIATION — 2002
What GRANITE COMMUNITY BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|
| Total assets | 10,474,000 | 18,258,000 | 29,368,000 |
| Total loans | 1,824,000 | 11,549,000 | 21,337,000 |
| Allowance for loan losses | 15,000 | 75,000 | 170,000 |
| Securities available for sale | 0 | 525,000 | 526,000 |
| Securities held to maturity | 0 | 2,084,000 | 2,075,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 3,871,000 | 11,888,000 | 23,116,000 |
| Interest-bearing deposits | 2,324,000 | 9,081,000 | 18,546,000 |
| Noninterest-bearing deposits | 1,547,000 | 2,807,000 | 4,570,000 |
| Equity capital | 6,602,000 | 6,344,000 | 6,208,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|
| Interest income | 25,000 | 180,000 | 483,000 |
| Interest expense | 2,000 | 39,000 | 131,000 |
| Net interest income | 23,000 | 141,000 | 352,000 |
| Noninterest income | 3,000 | 32,000 | 97,000 |
| Noninterest expense | 94,000 | 421,000 | 742,000 |
| Provision for loan losses | 15,000 | 75,000 | 170,000 |
| Pretax income | -83,000 | -323,000 | -463,000 |
| Income tax | -32,000 | 0 | 0 |
| Net income | -51,000 | -323,000 | -463,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|
| Tier 1 capital | 6,602,000 | 6,332,000 | 6,192,000 |
| Total capital | 6,617,000 | 6,407,000 | 6,362,000 |
| Risk-weighted assets | 3,928,000 | 12,503,000 | 21,838,000 |