Call reports 2006
GRANITE COMMUNITY BANK, NATIONAL ASSOCIATION — 2006
What GRANITE COMMUNITY BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 131,000,000 | 135,454,000 | 155,059,000 | 151,197,000 |
| Total loans | 105,405,000 | 115,924,000 | 113,794,000 | 124,518,000 |
| Allowance for loan losses | 1,157,000 | 1,347,000 | 1,397,000 | 1,459,000 |
| Securities available for sale | 6,599,000 | 6,593,000 | 7,625,000 | 10,628,000 |
| Securities held to maturity | 2,009,000 | 2,004,000 | 1,003,000 | 1,002,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,197,000 | 112,327,000 | 130,629,000 | 126,900,000 |
| Interest-bearing deposits | 85,333,000 | 85,436,000 | 100,445,000 | 97,315,000 |
| Noninterest-bearing deposits | 25,864,000 | 26,891,000 | 30,184,000 | 29,585,000 |
| Equity capital | 14,143,000 | 14,340,000 | 14,839,000 | 15,285,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 2,075,000 | 4,432,000 | 7,013,000 | 9,863,000 |
| Interest expense | 655,000 | 1,468,000 | 2,429,000 | 3,500,000 |
| Net interest income | 1,420,000 | 2,964,000 | 4,584,000 | 6,363,000 |
| Noninterest income | 96,000 | 198,000 | 356,000 | 482,000 |
| Noninterest expense | 937,000 | 2,082,000 | 3,168,000 | 4,398,000 |
| Provision for loan losses | 135,000 | 325,000 | 375,000 | 440,000 |
| Pretax income | 444,000 | 755,000 | 1,397,000 | 2,007,000 |
| Income tax | 185,000 | 296,000 | 559,000 | 744,000 |
| Net income | 259,000 | 459,000 | 838,000 | 1,263,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,866,000 | 14,047,000 | 14,521,000 | 14,776,000 |
| Total capital | 15,070,000 | 15,441,000 | 15,965,000 | 16,282,000 |
| Risk-weighted assets | 109,993,000 | 134,723,000 | 131,097,000 | 138,487,000 |