Call reports 2010
GRANITE BANK — 2010
What GRANITE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 217,299,000 | 220,238,000 | 222,631,000 | 224,651,000 |
| Total loans | 170,229,000 | 168,549,000 | 170,288,000 | 178,027,000 |
| Allowance for loan losses | 2,869,000 | 2,591,000 | 2,621,000 | 2,640,000 |
| Securities available for sale | 23,262,000 | 23,012,000 | 27,344,000 | 22,257,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 193,413,000 | 196,200,000 | 198,310,000 | 200,147,000 |
| Interest-bearing deposits | 167,129,000 | 167,419,000 | 166,973,000 | 169,262,000 |
| Noninterest-bearing deposits | 26,285,000 | 28,781,000 | 31,337,000 | 30,885,000 |
| Equity capital | 17,425,000 | 17,721,000 | 18,068,000 | 18,050,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,778,000 | 5,581,000 | 8,369,000 | 11,162,000 |
| Interest expense | 730,000 | 1,428,000 | 2,077,000 | 2,695,000 |
| Net interest income | 2,048,000 | 4,153,000 | 6,292,000 | 8,467,000 |
| Noninterest income | 233,000 | 485,000 | 738,000 | 1,002,000 |
| Noninterest expense | 2,048,000 | 3,978,000 | 5,892,000 | 7,949,000 |
| Provision for loan losses | 87,000 | 194,000 | 311,000 | 603,000 |
| Pretax income | 146,000 | 463,000 | 823,000 | 1,095,000 |
| Income tax | -6,000 | 45,000 | 113,000 | 172,000 |
| Net income | 152,000 | 418,000 | 710,000 | 923,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,103,000 | 17,352,000 | 17,661,000 | 16,294,000 |
| Total capital | 19,256,000 | 19,475,000 | 19,811,000 | 18,463,000 |
| Risk-weighted assets | 169,813,000 | 169,336,000 | 170,661,000 | 172,478,000 |