Call reports 2002
GRANITE BANK — 2002
What GRANITE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 109,457,000 | 112,610,000 | 113,614,000 | 114,611,000 |
| Total loans | 69,435,000 | 69,798,000 | 71,684,000 | 71,258,000 |
| Allowance for loan losses | 1,568,000 | 1,625,000 | 1,625,000 | 1,610,000 |
| Securities available for sale | 33,211,000 | 34,906,000 | 34,621,000 | 35,435,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,828,000 | 96,699,000 | 100,341,000 | 102,172,000 |
| Interest-bearing deposits | 78,061,000 | 80,670,000 | 81,962,000 | 85,715,000 |
| Noninterest-bearing deposits | 15,767,000 | 16,029,000 | 18,379,000 | 16,457,000 |
| Equity capital | 9,991,000 | 10,325,000 | 10,801,000 | 10,913,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,832,000 | 3,745,000 | 5,700,000 | 7,591,000 |
| Interest expense | 652,000 | 1,220,000 | 1,756,000 | 2,253,000 |
| Net interest income | 1,180,000 | 2,525,000 | 3,944,000 | 5,338,000 |
| Noninterest income | 99,000 | 239,000 | 310,000 | 438,000 |
| Noninterest expense | 892,000 | 1,927,000 | 2,930,000 | 3,929,000 |
| Provision for loan losses | 68,000 | 135,000 | 135,000 | 135,000 |
| Pretax income | 319,000 | 723,000 | 1,210,000 | 1,733,000 |
| Income tax | 84,000 | 216,000 | 359,000 | 514,000 |
| Net income | 235,000 | 507,000 | 851,000 | 1,219,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,883,000 | 10,102,000 | 10,553,000 | 10,650,000 |
| Total capital | 10,901,000 | 11,194,000 | 11,599,000 | 11,727,000 |
| Risk-weighted assets | 80,886,000 | 86,861,000 | 83,138,000 | 85,641,000 |