Call reports 2005
GRANITE COMMUNITY BANK, NATIONAL ASSOCIATION — 2005
What GRANITE COMMUNITY BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 91,730,000 | 103,247,000 | 105,478,000 | 118,074,000 |
| Total loans | 68,551,000 | 73,692,000 | 84,649,000 | 92,568,000 |
| Allowance for loan losses | 691,000 | 739,000 | 848,000 | 1,022,000 |
| Securities available for sale | 6,212,000 | 7,391,000 | 7,362,000 | 6,594,000 |
| Securities held to maturity | 2,030,000 | 2,025,000 | 2,020,000 | 2,014,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,153,000 | 89,195,000 | 91,011,000 | 103,632,000 |
| Interest-bearing deposits | 57,240,000 | 64,333,000 | 62,502,000 | 79,499,000 |
| Noninterest-bearing deposits | 20,913,000 | 24,862,000 | 28,509,000 | 24,133,000 |
| Equity capital | 13,046,000 | 13,344,000 | 13,523,000 | 13,862,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,272,000 | 2,796,000 | 4,409,000 | 6,236,000 |
| Interest expense | 271,000 | 630,000 | 986,000 | 1,411,000 |
| Net interest income | 1,001,000 | 2,166,000 | 3,423,000 | 4,825,000 |
| Noninterest income | 81,000 | 184,000 | 288,000 | 351,000 |
| Noninterest expense | 770,000 | 1,688,000 | 2,593,000 | 3,426,000 |
| Provision for loan losses | 41,000 | 138,000 | 260,000 | 431,000 |
| Pretax income | 271,000 | 524,000 | 858,000 | 1,319,000 |
| Income tax | 121,000 | 217,000 | 353,000 | 547,000 |
| Net income | 150,000 | 307,000 | 505,000 | 772,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,945,000 | 13,203,000 | 13,401,000 | 13,747,000 |
| Total capital | 13,696,000 | 14,022,000 | 14,339,000 | 14,816,000 |
| Risk-weighted assets | 76,911,000 | 85,640,000 | 94,947,000 | 101,180,000 |