Call reports 2011
GRANITE BANK — 2011
What GRANITE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 224,276,000 | 225,890,000 | 232,655,000 | 238,740,000 |
| Total loans | 177,291,000 | 177,825,000 | 174,358,000 | 178,988,000 |
| Allowance for loan losses | 2,753,000 | 2,698,000 | 2,184,000 | 2,197,000 |
| Securities available for sale | 25,532,000 | 27,513,000 | 32,811,000 | 33,915,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 196,111,000 | 195,321,000 | 201,256,000 | 207,695,000 |
| Interest-bearing deposits | 165,942,000 | 164,091,000 | 170,075,000 | 176,833,000 |
| Noninterest-bearing deposits | 30,169,000 | 31,230,000 | 31,181,000 | 30,863,000 |
| Equity capital | 18,339,000 | 18,536,000 | 22,440,000 | 22,392,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,727,000 | 5,452,000 | 8,125,000 | 10,784,000 |
| Interest expense | 571,000 | 1,083,000 | 1,574,000 | 2,046,000 |
| Net interest income | 2,156,000 | 4,369,000 | 6,551,000 | 8,738,000 |
| Noninterest income | 237,000 | 482,000 | 720,000 | 840,000 |
| Noninterest expense | 2,045,000 | 4,013,000 | 5,902,000 | 7,944,000 |
| Provision for loan losses | 117,000 | 234,000 | 351,000 | 668,000 |
| Pretax income | 231,000 | 604,000 | 1,040,000 | 1,386,000 |
| Income tax | 30,000 | 107,000 | 220,000 | 283,000 |
| Net income | 201,000 | 497,000 | 820,000 | 1,103,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,553,000 | 16,731,000 | 20,611,000 | 20,495,000 |
| Total capital | 18,740,000 | 18,926,000 | 22,794,000 | 22,696,000 |
| Risk-weighted assets | 171,541,000 | 170,941,000 | 172,090,000 | 178,137,000 |