Call reports 2015
GRANITE BANK — 2015
What GRANITE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 260,366,000 | 262,453,000 | 263,416,000 | 261,001,000 |
| Total loans | 190,255,000 | 199,533,000 | 196,839,000 | 199,547,000 |
| Allowance for loan losses | 1,591,000 | 1,590,000 | 1,568,000 | 1,598,000 |
| Securities available for sale | 42,346,000 | 40,990,000 | 39,714,000 | 37,826,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 224,594,000 | 226,048,000 | 227,407,000 | 224,479,000 |
| Interest-bearing deposits | 180,849,000 | 177,229,000 | 175,869,000 | 176,862,000 |
| Noninterest-bearing deposits | 43,745,000 | 48,819,000 | 51,538,000 | 47,617,000 |
| Equity capital | 25,368,000 | 25,133,000 | 25,705,000 | 25,973,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,314,000 | 4,645,000 | 7,049,000 | 9,445,000 |
| Interest expense | 274,000 | 546,000 | 802,000 | 1,051,000 |
| Net interest income | 2,040,000 | 4,099,000 | 6,247,000 | 8,394,000 |
| Noninterest income | 265,000 | 509,000 | 783,000 | 1,054,000 |
| Noninterest expense | 1,907,000 | 3,829,000 | 5,772,000 | 7,785,000 |
| Provision for loan losses | 0 | 0 | 0 | 30,000 |
| Pretax income | 398,000 | 780,000 | 1,274,000 | 1,645,000 |
| Income tax | 98,000 | 194,000 | 328,000 | 362,000 |
| Net income | 300,000 | 586,000 | 946,000 | 1,283,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,834,000 | 25,031,000 | 25,304,000 | 25,533,000 |
| Total capital | 26,165,000 | 26,625,000 | 26,876,000 | 27,135,000 |
| Risk-weighted assets | 198,428,000 | 204,825,000 | 203,146,000 | 211,501,000 |