Call reports 2017
GRANITE BANK — 2017
What GRANITE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 262,398,000 | 260,881,000 | 258,411,000 | 251,127,000 |
| Total loans | 212,715,000 | 223,783,000 | 215,289,000 | 206,821,000 |
| Allowance for loan losses | 1,740,000 | 1,862,000 | 1,906,000 | 1,913,000 |
| Securities available for sale | 20,032,000 | 19,163,000 | 18,627,000 | 21,432,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 228,223,000 | 218,217,000 | 224,897,000 | 217,710,000 |
| Interest-bearing deposits | 177,896,000 | 168,569,000 | 173,884,000 | 165,941,000 |
| Noninterest-bearing deposits | 50,327,000 | 49,648,000 | 51,014,000 | 51,769,000 |
| Equity capital | 25,864,000 | 26,237,000 | 26,485,000 | 26,613,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,316,000 | 4,808,000 | 7,356,000 | 9,905,000 |
| Interest expense | 204,000 | 419,000 | 636,000 | 856,000 |
| Net interest income | 2,112,000 | 4,389,000 | 6,720,000 | 9,049,000 |
| Noninterest income | 399,000 | 831,000 | 1,370,000 | 1,890,000 |
| Noninterest expense | 2,133,000 | 4,208,000 | 6,209,000 | 8,287,000 |
| Provision for loan losses | 135,000 | 255,000 | 360,000 | 357,000 |
| Pretax income | 243,000 | 741,000 | 1,506,000 | 2,280,000 |
| Income tax | 48,000 | 192,000 | 440,000 | 814,000 |
| Net income | 195,000 | 549,000 | 1,066,000 | 1,466,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,918,000 | 25,344,000 | 25,611,000 | 25,742,000 |
| Total capital | 26,721,000 | 27,269,000 | 27,580,000 | 27,722,000 |
| Risk-weighted assets | 212,166,000 | 223,290,000 | 216,777,000 | 209,548,000 |