Call reports 2016
GRANITE BANK — 2016
What GRANITE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 259,536,000 | 268,483,000 | 269,040,000 | 261,049,000 |
| Total loans | 199,233,000 | 202,069,000 | 199,820,000 | 197,651,000 |
| Allowance for loan losses | 1,637,000 | 1,623,000 | 1,634,000 | 1,617,000 |
| Securities available for sale | 37,123,000 | 21,496,000 | 19,845,000 | 20,557,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 220,518,000 | 228,250,000 | 229,135,000 | 225,816,000 |
| Interest-bearing deposits | 177,052,000 | 181,808,000 | 180,405,000 | 173,617,000 |
| Noninterest-bearing deposits | 43,466,000 | 46,442,000 | 48,730,000 | 52,199,000 |
| Equity capital | 26,305,000 | 26,647,000 | 26,555,000 | 25,879,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,345,000 | 4,714,000 | 7,058,000 | 9,331,000 |
| Interest expense | 253,000 | 514,000 | 776,000 | 1,025,000 |
| Net interest income | 2,092,000 | 4,200,000 | 6,282,000 | 8,306,000 |
| Noninterest income | 264,000 | 549,000 | 859,000 | 1,248,000 |
| Noninterest expense | 2,077,000 | 4,214,000 | 6,335,000 | 8,624,000 |
| Provision for loan losses | 50,000 | 100,000 | 150,000 | 200,000 |
| Pretax income | 229,000 | 780,000 | 1,001,000 | 1,075,000 |
| Income tax | 31,000 | 190,000 | 238,000 | 221,000 |
| Net income | 198,000 | 590,000 | 763,000 | 854,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,843,000 | 25,181,000 | 24,704,000 | 24,205,000 |
| Total capital | 26,484,000 | 26,808,000 | 26,342,000 | 25,885,000 |
| Risk-weighted assets | 209,206,000 | 205,381,000 | 204,338,000 | 199,706,000 |