Call reports 2004
GRANITE BANK — 2004
What GRANITE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 125,535,000 | 126,652,000 | 135,611,000 | 140,667,000 |
| Total loans | 87,343,000 | 89,162,000 | 98,385,000 | 104,565,000 |
| Allowance for loan losses | 1,604,000 | 1,596,000 | 1,605,000 | 1,610,000 |
| Securities available for sale | 29,611,000 | 28,213,000 | 27,624,000 | 26,698,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,296,000 | 113,877,000 | 118,196,000 | 119,012,000 |
| Interest-bearing deposits | 90,960,000 | 91,685,000 | 95,113,000 | 94,745,000 |
| Noninterest-bearing deposits | 21,335,000 | 22,192,000 | 23,083,000 | 24,267,000 |
| Equity capital | 12,225,000 | 11,753,000 | 12,302,000 | 12,472,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,794,000 | 3,515,000 | 5,361,000 | 7,322,000 |
| Interest expense | 369,000 | 735,000 | 1,116,000 | 1,537,000 |
| Net interest income | 1,425,000 | 2,780,000 | 4,245,000 | 5,785,000 |
| Noninterest income | 155,000 | 284,000 | 410,000 | 531,000 |
| Noninterest expense | 1,125,000 | 2,353,000 | 3,539,000 | 4,788,000 |
| Provision for loan losses | 10,000 | 5,000 | 15,000 | 26,000 |
| Pretax income | 461,000 | 722,000 | 1,156,000 | 1,569,000 |
| Income tax | 136,000 | 185,000 | 306,000 | 419,000 |
| Net income | 325,000 | 537,000 | 850,000 | 1,150,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,712,000 | 11,826,000 | 12,076,000 | 12,282,000 |
| Total capital | 13,075,000 | 13,074,000 | 13,488,000 | 13,765,000 |
| Risk-weighted assets | 97,036,000 | 97,797,000 | 107,814,000 | 113,117,000 |