Call reports 2008
GRANITE BANK — 2008
What GRANITE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 194,946,000 | 192,164,000 | 191,701,000 | 194,128,000 |
| Total loans | 142,350,000 | 141,108,000 | 147,945,000 | 155,729,000 |
| Allowance for loan losses | 2,289,000 | 2,301,000 | 2,445,000 | 2,608,000 |
| Securities available for sale | 35,974,000 | 32,767,000 | 26,706,000 | 26,110,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 170,187,000 | 167,807,000 | 169,202,000 | 162,944,000 |
| Interest-bearing deposits | 146,419,000 | 142,862,000 | 142,867,000 | 135,857,000 |
| Noninterest-bearing deposits | 23,768,000 | 24,945,000 | 26,335,000 | 27,087,000 |
| Equity capital | 14,086,000 | 13,739,000 | 12,489,000 | 13,659,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,131,000 | 6,155,000 | 9,123,000 | 12,080,000 |
| Interest expense | 1,332,000 | 2,542,000 | 3,625,000 | 4,665,000 |
| Net interest income | 1,799,000 | 3,613,000 | 5,498,000 | 7,415,000 |
| Noninterest income | 167,000 | 355,000 | 521,000 | 707,000 |
| Noninterest expense | 1,762,000 | 3,419,000 | 5,045,000 | 6,809,000 |
| Provision for loan losses | 90,000 | 240,000 | 375,000 | 553,000 |
| Pretax income | 114,000 | 309,000 | -345,000 | -2,034,000 |
| Income tax | -29,000 | -62,000 | -134,000 | -976,000 |
| Net income | 143,000 | 371,000 | -211,000 | -1,058,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,860,000 | 13,719,000 | 13,529,000 | 13,460,000 |
| Total capital | 15,801,000 | 15,628,000 | 15,439,000 | 15,435,000 |
| Risk-weighted assets | 154,937,000 | 152,328,000 | 152,250,000 | 157,387,000 |