Call reports 2005
GRANITE BANK — 2005
What GRANITE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 141,587,000 | 157,451,000 | 183,689,000 | 181,958,000 |
| Total loans | 105,166,000 | 110,423,000 | 113,840,000 | 119,826,000 |
| Allowance for loan losses | 1,678,000 | 1,750,000 | 1,823,000 | 1,863,000 |
| Securities available for sale | 25,510,000 | 28,753,000 | 41,351,000 | 40,452,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,760,000 | 137,702,000 | 165,346,000 | 163,724,000 |
| Interest-bearing deposits | 96,174,000 | 115,468,000 | 140,393,000 | 138,056,000 |
| Noninterest-bearing deposits | 24,586,000 | 22,234,000 | 24,953,000 | 25,668,000 |
| Equity capital | 12,439,000 | 12,757,000 | 12,820,000 | 12,992,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 2,015,000 | 4,137,000 | 6,627,000 | 9,315,000 |
| Interest expense | 452,000 | 977,000 | 1,899,000 | 2,889,000 |
| Net interest income | 1,563,000 | 3,160,000 | 4,728,000 | 6,426,000 |
| Noninterest income | 111,000 | 234,000 | 356,000 | 475,000 |
| Noninterest expense | 1,246,000 | 2,543,000 | 3,934,000 | 5,298,000 |
| Provision for loan losses | 77,000 | 154,000 | 231,000 | 308,000 |
| Pretax income | 335,000 | 681,000 | 1,023,000 | 1,407,000 |
| Income tax | 75,000 | 151,000 | 225,000 | 194,000 |
| Net income | 260,000 | 530,000 | 798,000 | 1,213,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,452,000 | 12,644,000 | 12,819,000 | 13,152,000 |
| Total capital | 13,879,000 | 14,204,000 | 14,543,000 | 14,869,000 |
| Risk-weighted assets | 111,168,000 | 122,128,000 | 137,799,000 | 137,217,000 |