Call reports 2007
GRANITE BANK — 2007
What GRANITE BANK 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 | 186,954,000 | 188,582,000 | 191,675,000 | 188,893,000 |
| Total loans | 129,296,000 | 134,680,000 | 138,420,000 | 142,395,000 |
| Allowance for loan losses | 2,040,000 | 2,074,000 | 2,069,000 | 2,202,000 |
| Securities available for sale | 39,312,000 | 38,542,000 | 39,529,000 | 33,973,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 166,947,000 | 168,791,000 | 169,670,000 | 168,146,000 |
| Interest-bearing deposits | 143,128,000 | 140,597,000 | 141,592,000 | 142,851,000 |
| Noninterest-bearing deposits | 23,819,000 | 28,194,000 | 28,078,000 | 25,295,000 |
| Equity capital | 14,003,000 | 13,877,000 | 14,148,000 | 14,055,000 |
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 | 2,998,000 | 6,080,000 | 9,301,000 | 12,584,000 |
| Interest expense | 1,310,000 | 2,681,000 | 4,059,000 | 5,410,000 |
| Net interest income | 1,688,000 | 3,399,000 | 5,242,000 | 7,174,000 |
| Noninterest income | 135,000 | 280,000 | 449,000 | 621,000 |
| Noninterest expense | 1,579,000 | 3,107,000 | 4,722,000 | 6,406,000 |
| Provision for loan losses | 29,000 | 57,000 | 57,000 | 207,000 |
| Pretax income | 214,000 | 514,000 | 911,000 | 1,181,000 |
| Income tax | 11,000 | 48,000 | 118,000 | 156,000 |
| Net income | 203,000 | 466,000 | 793,000 | 1,025,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,031,000 | 14,133,000 | 14,251,000 | 13,999,000 |
| Total capital | 15,866,000 | 15,998,000 | 16,155,000 | 15,911,000 |
| Risk-weighted assets | 144,429,000 | 148,971,000 | 152,106,000 | 153,061,000 |