Call reports 2004
GRANITE COMMUNITY BANK, NATIONAL ASSOCIATION — 2004
What GRANITE COMMUNITY BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 56,376,000 | 66,052,000 | 86,795,000 | 91,192,000 |
| Total loans | 43,312,000 | 51,372,000 | 59,943,000 | 63,699,000 |
| Allowance for loan losses | 420,000 | 500,000 | 570,000 | 650,000 |
| Securities available for sale | 1,274,000 | 2,241,000 | 6,325,000 | 6,263,000 |
| Securities held to maturity | 2,050,000 | 2,045,000 | 2,040,000 | 2,035,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,645,000 | 56,219,000 | 74,006,000 | 77,854,000 |
| Interest-bearing deposits | 38,475,000 | 42,891,000 | 53,892,000 | 59,943,000 |
| Noninterest-bearing deposits | 11,170,000 | 13,328,000 | 20,114,000 | 17,911,000 |
| Equity capital | 6,544,000 | 6,651,000 | 12,518,000 | 12,935,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 764,000 | 1,663,000 | 2,677,000 | 3,878,000 |
| Interest expense | 150,000 | 320,000 | 548,000 | 817,000 |
| Net interest income | 614,000 | 1,343,000 | 2,129,000 | 3,061,000 |
| Noninterest income | 53,000 | 152,000 | 256,000 | 762,000 |
| Noninterest expense | 536,000 | 1,138,000 | 1,843,000 | 2,773,000 |
| Provision for loan losses | 40,000 | 120,000 | 190,000 | 270,000 |
| Pretax income | 91,000 | 237,000 | 349,000 | 777,000 |
| Income tax | 10,000 | 26,000 | 14,000 | -7,000 |
| Net income | 81,000 | 211,000 | 335,000 | 784,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,376,000 | 6,507,000 | 12,218,000 | 12,796,000 |
| Total capital | 6,826,000 | 7,037,000 | 12,828,000 | 13,506,000 |
| Risk-weighted assets | 46,491,000 | 54,909,000 | 66,844,000 | 71,900,000 |