Call reports 2003

GRANITE COMMUNITY BANK, NATIONAL ASSOCIATION — 2003

Name: GRANITE COMMUNITY BANK, NATIONAL ASSOCIATION — FFIEC call report 2003
Creator: GRANITE COMMUNITY BANK, NATIONAL ASSOCIATION

What GRANITE COMMUNITY BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2003, quarter by quarter.

PERIOD: 2003SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/b296b495-65f3-411d-a1b8-12a68243ab4e/2003

Balance sheet

What the bank holds and owes at quarter end

Measure	2003Q1	2003Q2	2003Q3	2003Q4
Total assets	35,612,000	43,906,000	49,143,000	51,690,000
Total loans	24,982,000	31,352,000	32,937,000	39,020,000
Allowance for loan losses	205,000	270,000	310,000	380,000
Securities available for sale	1,536,000	1,531,000	1,524,000	2,258,000
Securities held to maturity	2,070,000	2,065,000	2,060,000	2,055,000
Trading assets	0	0	0	0
Total deposits	29,384,000	37,619,000	42,758,000	45,088,000
Interest-bearing deposits	23,318,000	28,747,000	33,442,000	35,431,000
Noninterest-bearing deposits	6,066,000	8,872,000	9,316,000	9,657,000
Equity capital	6,163,000	6,173,000	6,239,000	6,446,000

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure	2003Q1	2003Q2	2003Q3	2003Q4
Interest income	443,000	978,000	1,627,000	2,342,000
Interest expense	139,000	288,000	444,000	589,000
Net interest income	304,000	690,000	1,183,000	1,753,000
Noninterest income	79,000	196,000	273,000	371,000
Noninterest expense	402,000	827,000	1,285,000	1,802,000
Provision for loan losses	35,000	100,000	140,000	210,000
Pretax income	-54,000	-41,000	31,000	112,000
Income tax	1,000	1,000	1,000	-144,000
Net income	-55,000	-42,000	30,000	256,000

Basel measures — not reported for every quarter

Measure	2003Q1	2003Q2	2003Q3	2003Q4
Tier 1 capital	6,137,000	6,150,000	6,222,000	6,447,000
Total capital	6,353,000	6,432,000	6,552,000	6,857,000
Risk-weighted assets	25,516,000	32,428,000	36,002,000	39,854,000