Call reports 2007
GRANITE COMMUNITY BANK, NATIONAL ASSOCIATION — 2007
What GRANITE COMMUNITY BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 155,960,000 | 151,371,000 | 158,700,000 | 148,238,000 |
| Total loans | 128,432,000 | 126,209,000 | 132,665,000 | 129,056,000 |
| Allowance for loan losses | 1,509,000 | 1,549,000 | 1,589,000 | 3,009,000 |
| Securities available for sale | 8,972,000 | 9,809,000 | 10,862,000 | 9,524,000 |
| Securities held to maturity | 1,001,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,881,000 | 122,653,000 | 130,394,000 | 116,236,000 |
| Interest-bearing deposits | 101,818,000 | 97,848,000 | 104,747,000 | 89,861,000 |
| Noninterest-bearing deposits | 26,063,000 | 24,806,000 | 25,646,000 | 26,376,000 |
| Equity capital | 15,792,000 | 16,134,000 | 16,492,000 | 15,813,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,751,000 | 5,605,000 | 8,509,000 | 11,343,000 |
| Interest expense | 1,096,000 | 2,272,000 | 3,457,000 | 4,647,000 |
| Net interest income | 1,655,000 | 3,333,000 | 5,052,000 | 6,696,000 |
| Noninterest income | 165,000 | 273,000 | 368,000 | 565,000 |
| Noninterest expense | 1,206,000 | 2,394,000 | 3,516,000 | 4,899,000 |
| Provision for loan losses | 50,000 | 90,000 | 290,000 | 2,035,000 |
| Pretax income | 564,000 | 1,122,000 | 1,614,000 | 327,000 |
| Income tax | 212,000 | 439,000 | 579,000 | 52,000 |
| Net income | 352,000 | 683,000 | 1,035,000 | 275,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,800,000 | 16,153,000 | 16,503,000 | 15,787,000 |
| Total capital | 17,356,000 | 17,749,000 | 18,139,000 | 17,630,000 |
| Risk-weighted assets | 131,637,000 | 148,925,000 | 154,638,000 | 147,508,000 |