Call reports 2003
GRANITE BANK — 2003
What GRANITE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 115,291,000 | 117,248,000 | 123,872,000 | 126,099,000 |
| Total loans | 71,792,000 | 77,133,000 | 83,395,000 | 85,599,000 |
| Allowance for loan losses | 1,624,000 | 1,603,000 | 1,596,000 | 1,585,000 |
| Securities available for sale | 36,351,000 | 30,563,000 | 30,912,000 | 31,387,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,337,000 | 104,875,000 | 111,531,000 | 113,195,000 |
| Interest-bearing deposits | 86,259,000 | 86,229,000 | 90,237,000 | 91,015,000 |
| Noninterest-bearing deposits | 17,078,000 | 18,646,000 | 21,294,000 | 22,180,000 |
| Equity capital | 11,241,000 | 11,845,000 | 11,762,000 | 11,798,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,841,000 | 3,647,000 | 5,505,000 | 7,350,000 |
| Interest expense | 513,000 | 921,000 | 1,328,000 | 1,732,000 |
| Net interest income | 1,328,000 | 2,726,000 | 4,177,000 | 5,618,000 |
| Noninterest income | 104,000 | 227,000 | 357,000 | 492,000 |
| Noninterest expense | 1,054,000 | 2,156,000 | 3,282,000 | 4,457,000 |
| Provision for loan losses | 20,000 | 20,000 | 20,000 | 20,000 |
| Pretax income | 386,000 | 952,000 | 1,407,000 | 1,808,000 |
| Income tax | 114,000 | 294,000 | 424,000 | 524,000 |
| Net income | 272,000 | 658,000 | 983,000 | 1,284,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,994,000 | 11,298,000 | 11,507,000 | 11,477,000 |
| Total capital | 12,077,000 | 12,560,000 | 12,823,000 | 12,695,000 |
| Risk-weighted assets | 84,995,000 | 86,740,000 | 95,858,000 | 96,804,000 |