Call reports 2009
GRANITE BANK — 2009
What GRANITE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 199,031,000 | 202,344,000 | 207,057,000 | 212,825,000 |
| Total loans | 158,997,000 | 159,221,000 | 160,188,000 | 164,510,000 |
| Allowance for loan losses | 2,718,000 | 2,245,000 | 2,365,000 | 2,935,000 |
| Securities available for sale | 28,724,000 | 26,004,000 | 32,258,000 | 28,259,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 171,035,000 | 173,380,000 | 180,605,000 | 188,438,000 |
| Interest-bearing deposits | 144,197,000 | 147,192,000 | 153,746,000 | 159,804,000 |
| Noninterest-bearing deposits | 26,838,000 | 26,188,000 | 26,859,000 | 28,634,000 |
| Equity capital | 15,554,000 | 16,714,000 | 17,686,000 | 17,120,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,885,000 | 5,779,000 | 8,650,000 | 11,450,000 |
| Interest expense | 973,000 | 1,881,000 | 2,687,000 | 3,456,000 |
| Net interest income | 1,912,000 | 3,898,000 | 5,963,000 | 7,994,000 |
| Noninterest income | 210,000 | 463,000 | 704,000 | 799,000 |
| Noninterest expense | 1,855,000 | 3,891,000 | 5,805,000 | 7,835,000 |
| Provision for loan losses | 150,000 | 488,000 | 638,000 | 1,504,000 |
| Pretax income | -366,000 | -634,000 | 111,000 | 174,000 |
| Income tax | -79,000 | -249,000 | -267,000 | -414,000 |
| Net income | -287,000 | -385,000 | 378,000 | 588,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,541,000 | 16,091,000 | 16,855,000 | 16,951,000 |
| Total capital | 17,607,000 | 18,362,000 | 19,143,000 | 19,094,000 |
| Risk-weighted assets | 164,617,000 | 164,319,000 | 168,026,000 | 169,756,000 |