Call reports 2014
GRANITE BANK — 2014
What GRANITE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 255,482,000 | 264,445,000 | 263,557,000 | 256,866,000 |
| Total loans | 189,975,000 | 193,265,000 | 194,379,000 | 191,148,000 |
| Allowance for loan losses | 1,849,000 | 1,844,000 | 1,760,000 | 1,579,000 |
| Securities available for sale | 43,136,000 | 45,800,000 | 44,400,000 | 39,750,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 219,135,000 | 225,810,000 | 228,434,000 | 221,344,000 |
| Interest-bearing deposits | 182,455,000 | 183,884,000 | 184,570,000 | 180,033,000 |
| Noninterest-bearing deposits | 36,680,000 | 41,926,000 | 43,864,000 | 41,311,000 |
| Equity capital | 23,717,000 | 24,266,000 | 24,634,000 | 25,058,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,367,000 | 4,762,000 | 7,173,000 | 9,553,000 |
| Interest expense | 326,000 | 645,000 | 951,000 | 1,246,000 |
| Net interest income | 2,041,000 | 4,117,000 | 6,222,000 | 8,307,000 |
| Noninterest income | 250,000 | 489,000 | 722,000 | 961,000 |
| Noninterest expense | 1,871,000 | 3,655,000 | 5,444,000 | 7,323,000 |
| Provision for loan losses | 0 | 10,000 | 10,000 | 0 |
| Pretax income | 492,000 | 1,065,000 | 1,634,000 | 2,216,000 |
| Income tax | 144,000 | 308,000 | 470,000 | 558,000 |
| Net income | 348,000 | 757,000 | 1,164,000 | 1,658,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,906,000 | 23,382,000 | 23,715,000 | 24,423,000 |
| Total capital | 24,759,000 | 25,230,000 | 25,479,000 | 26,006,000 |
| Risk-weighted assets | 190,223,000 | 194,732,000 | 194,336,000 | 190,533,000 |