Home > Granite Bank > Income and Expense
Granite Bank, Income and Expense
| 2004-03-31 (YTD Data) | Rank | |
| Total interest income | $8,989,000 | 779 |
| Total interest expense | $1,443,000 | 1,385 |
| Net interest income | $7,546,000 | 652 |
| Provision for loan and lease losses | $0 | 6,501 |
| Total noninterest income | $2,605,000 | 595 |
| Gross Fiduciary activities income | $0 | 1,441 |
| Service charges on deposit accounts | $712,000 | 605 |
| Trading account gains and fees | $0 | 121 |
| Additional Noninterest Income | $1,893,000 | 505 |
| Total noninterest expense | $6,077,000 | 673 |
| Salaries and employee benefits | $2,971,000 | 726 |
| Premises and equipment expense | $879,000 | 665 |
| Additional noninterest expense | $2,227,000 | 587 |
| Pre-tax net operating income | $4,074,000 | 565 |
| Securities gains (losses) | $96,000 | 827 |
| Applicable income taxes | $1,577,000 | 513 |
| Income before extraordinary items | $2,593,000 | 649 |
| Extraordinary gains, net | $0 | 16 |
| Net income | $2,593,000 | 648 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 5,097 |
| Cash dividends | $6,000,000 | 156 |
| Sale, conversion, retirement of capital stock, net | $0 | 464 |
| Net operating income | $2,531,560 | 621 |
| 2003-12-31 (YTD Data) | Rank | |
| Total interest income | $32,962,000 | 845 |
| Total interest expense | $8,525,000 | 1,047 |
| Net interest income | $24,437,000 | 782 |
| Provision for loan and lease losses | $0 | 7,651 |
| Total noninterest income | $12,879,000 | 542 |
| Gross Fiduciary activities income | $0 | 1,641 |
| Service charges on deposit accounts | $2,189,000 | 787 |
| Trading account gains and fees | $0 | 160 |
| Additional Noninterest Income | $10,690,000 | 425 |
| Total noninterest expense | $22,839,000 | 716 |
| Salaries and employee benefits | $12,705,000 | 670 |
| Premises and equipment expense | $3,039,000 | 752 |
| Additional noninterest expense | $7,095,000 | 739 |
| Pre-tax net operating income | $14,477,000 | 618 |
| Securities gains (losses) | $2,684,000 | 240 |
| Applicable income taxes | $6,685,000 | 492 |
| Income before extraordinary items | $10,476,000 | 635 |
| Extraordinary gains, net | $0 | 54 |
| Net income | $10,476,000 | 637 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $306,000 | 2,223 |
| Cash dividends | $4,000,000 | 778 |
| Sale, conversion, retirement of capital stock, net | $0 | 868 |
| Net operating income | $8,758,240 | 697 |
| 2003-09-30 (YTD Data) | Rank | |
| Total interest income | $24,154,000 | 893 |
| Total interest expense | $7,361,000 | 947 |
| Net interest income | $16,793,000 | 869 |
| Provision for loan and lease losses | $0 | 7,481 |
| Total noninterest income | $9,036,000 | 596 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $1,425,000 | 914 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $7,611,000 | 463 |
| Total noninterest expense | $16,443,000 | 750 |
| Salaries and employee benefits | $9,289,000 | 705 |
| Premises and equipment expense | $2,568,000 | 681 |
| Additional noninterest expense | $4,586,000 | 851 |
| Pre-tax net operating income | $9,386,000 | 726 |
| Securities gains (losses) | $2,663,000 | 222 |
| Applicable income taxes | $4,705,000 | 536 |
| Income before extraordinary items | $7,344,000 | 699 |
| Extraordinary gains, net | $0 | 40 |
| Net income | $7,344,000 | 700 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $308,000 | 1,679 |
| Cash dividends | $1,000,000 | 1,726 |
| Sale, conversion, retirement of capital stock, net | $0 | 722 |
| Net operating income | $5,639,680 | 825 |
| 2003-06-30 (YTD Data) | Rank | |
| Total interest income | $15,146,000 | 958 |
| Total interest expense | $4,335,000 | 1,105 |
| Net interest income | $10,811,000 | 909 |
| Provision for loan and lease losses | $0 | 7,324 |
| Total noninterest income | $4,959,000 | 678 |
| Gross Fiduciary activities income | $0 | 1,577 |
| Service charges on deposit accounts | $871,000 | 983 |
| Trading account gains and fees | $0 | 150 |
| Additional Noninterest Income | $4,088,000 | 539 |
| Total noninterest expense | $9,457,000 | 865 |
| Salaries and employee benefits | $5,504,000 | 786 |
| Premises and equipment expense | $1,469,000 | 782 |
| Additional noninterest expense | $2,484,000 | 1,026 |
| Pre-tax net operating income | $6,313,000 | 718 |
| Securities gains (losses) | $2,258,000 | 209 |
| Applicable income taxes | $3,373,000 | 512 |
| Income before extraordinary items | $5,198,000 | 663 |
| Extraordinary gains, net | $0 | 30 |
| Net income | $5,198,000 | 663 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $232,000 | 1,489 |
| Cash dividends | $1,000,000 | 1,282 |
| Sale, conversion, retirement of capital stock, net | $0 | 589 |
| Net operating income | $3,752,880 | 833 |
| 2003-03-31 (YTD Data) | Rank | |
| Total interest income | $3,862,000 | 1,902 |
| Total interest expense | $1,294,000 | 1,902 |
| Net interest income | $2,568,000 | 1,896 |
| Provision for loan and lease losses | $0 | 6,934 |
| Total noninterest income | $1,121,000 | 1,229 |
| Gross Fiduciary activities income | $0 | 1,504 |
| Service charges on deposit accounts | $208,000 | 1,956 |
| Trading account gains and fees | $0 | 134 |
| Additional Noninterest Income | $913,000 | 952 |
| Total noninterest expense | $2,298,000 | 1,718 |
| Salaries and employee benefits | $1,287,000 | 1,654 |
| Premises and equipment expense | $368,000 | 1,568 |
| Additional noninterest expense | $643,000 | 1,836 |
| Pre-tax net operating income | $1,391,000 | 1,515 |
| Securities gains (losses) | $0 | 2,891 |
| Applicable income taxes | $560,000 | 1,245 |
| Income before extraordinary items | $831,000 | 1,904 |
| Extraordinary gains, net | $0 | 21 |
| Net income | $831,000 | 1,903 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-25,000 | 8,934 |
| Cash dividends | $0 | 3,930 |
| Sale, conversion, retirement of capital stock, net | $0 | 419 |
| Net operating income | $831,000 | 1,796 |
| 2002-12-31 (YTD Data) | Rank | |
| Total interest income | $63,606,000 | 507 |
| Total interest expense | $23,933,000 | 489 |
| Net interest income | $39,673,000 | 510 |
| Provision for loan and lease losses | $325,000 | 3,273 |
| Total noninterest income | $10,355,000 | 615 |
| Gross Fiduciary activities income | $0 | 1,713 |
| Service charges on deposit accounts | $2,550,000 | 644 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $7,805,000 | 510 |
| Total noninterest expense | $30,313,000 | 559 |
| Salaries and employee benefits | $16,721,000 | 512 |
| Premises and equipment expense | $4,467,000 | 517 |
| Additional noninterest expense | $9,125,000 | 596 |
| Pre-tax net operating income | $19,390,000 | 485 |
| Securities gains (losses) | $834,000 | 480 |
| Applicable income taxes | $7,845,000 | 425 |
| Income before extraordinary items | $12,379,000 | 542 |
| Extraordinary gains, net | $0 | 70 |
| Net income | $12,379,000 | 544 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $442,000 | 1,820 |
| Cash dividends | $5,000,000 | 609 |
| Sale, conversion, retirement of capital stock, net | $543,000 | 462 |
| Net operating income | $11,845,240 | 535 |
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $68,922,000 | 521 |
| Total interest expense | $31,937,000 | 544 |
| Net interest income | $36,985,000 | 515 |
| Provision for loan and lease losses | $660,000 | 1,754 |
| Total noninterest income | $6,697,000 | 773 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $3,035,000 | 492 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $3,662,000 | 827 |
| Total noninterest expense | $25,263,000 | 637 |
| Salaries and employee benefits | $14,175,000 | 558 |
| Premises and equipment expense | $4,070,000 | 545 |
| Additional noninterest expense | $7,018,000 | 733 |
| Pre-tax net operating income | $17,759,000 | 473 |
| Securities gains (losses) | $403,000 | 714 |
| Applicable income taxes | $6,773,000 | 445 |
| Income before extraordinary items | $11,389,000 | 522 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $11,389,000 | 523 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $429,000 | 1,741 |
| Cash dividends | $7,500,000 | 457 |
| Sale, conversion, retirement of capital stock, net | $287,000 | 552 |
| Net operating income | $11,131,080 | 511 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $63,336,000 | 597 |
| Total interest expense | $31,129,000 | 602 |
| Net interest income | $32,207,000 | 579 |
| Provision for loan and lease losses | $330,000 | 2,665 |
| Total noninterest income | $5,247,000 | 900 |
| Gross Fiduciary activities income | $0 | 1,332 |
| Service charges on deposit accounts | $2,681,000 | 506 |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $2,566,000 | 954 |
| Total noninterest expense | $21,709,000 | 715 |
| Salaries and employee benefits | $11,997,000 | 604 |
| Premises and equipment expense | $4,051,000 | 548 |
| Additional noninterest expense | $5,661,000 | 866 |
| Pre-tax net operating income | $15,415,000 | 547 |
| Securities gains (losses) | $322,000 | 331 |
| Applicable income taxes | $5,659,000 | 509 |
| Income before extraordinary items | $10,078,000 | 566 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $10,078,000 | 567 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $114,000 | 3,357 |
| Cash dividends | $10,000,000 | 374 |
| Sale, conversion, retirement of capital stock, net | $344,000 | 585 |
| Net operating income | $9,871,920 | 575 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $59,802,000 | 598 |
| Total interest expense | $27,943,000 | 593 |
| Net interest income | $31,859,000 | 605 |
| Provision for loan and lease losses | $50,000 | 6,505 |
| Total noninterest income | $4,755,000 | 982 |
| Gross Fiduciary activities income | $0 | 1,380 |
| Service charges on deposit accounts | $2,552,000 | 533 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $2,203,000 | 1,077 |
| Total noninterest expense | $21,869,000 | 711 |
| Salaries and employee benefits | $11,844,000 | 605 |
| Premises and equipment expense | $3,872,000 | 579 |
| Additional noninterest expense | $6,153,000 | 835 |
| Pre-tax net operating income | $14,695,000 | 608 |
| Securities gains (losses) | $708,000 | 275 |
| Applicable income taxes | $5,278,000 | 578 |
| Income before extraordinary items | $10,125,000 | 617 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $10,125,000 | 617 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $140,000 | 2,969 |
| Cash dividends | $5,250,000 | 626 |
| Sale, conversion, retirement of capital stock, net | $570,000 | 589 |
| Net operating income | $9,657,720 | 628 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $58,626,000 | 605 |
| Total interest expense | $27,736,000 | 614 |
| Net interest income | $30,890,000 | 584 |
| Provision for loan and lease losses | $1,125,000 | 874 |
| Total noninterest income | $4,625,000 | 993 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $2,283,000 | 550 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $2,342,000 | 1,056 |
| Total noninterest expense | $24,347,000 | 638 |
| Salaries and employee benefits | $12,444,000 | 574 |
| Premises and equipment expense | $4,685,000 | 470 |
| Additional noninterest expense | $7,218,000 | 745 |
| Pre-tax net operating income | $10,043,000 | 773 |
| Securities gains (losses) | $4,185,000 | 140 |
| Applicable income taxes | $4,975,000 | 587 |
| Income before extraordinary items | $9,253,000 | 627 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $9,253,000 | 626 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,654,000 | 527 |
| Cash dividends | $2,250,000 | 1,214 |
| Sale, conversion, retirement of capital stock, net | $1,647,000 | 410 |
| Net operating income | $6,532,750 | 806 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $59,011,000 | 608 |
| Total interest expense | $28,929,000 | 594 |
| Net interest income | $30,082,000 | 610 |
| Provision for loan and lease losses | $2,425,000 | 505 |
| Total noninterest income | $5,069,000 | 915 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $2,969,000 | 443 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $2,100,000 | 1,062 |
| Total noninterest expense | $31,677,000 | 498 |
| Salaries and employee benefits | $13,822,000 | 497 |
| Premises and equipment expense | $4,108,000 | 529 |
| Additional noninterest expense | $13,747,000 | 446 |
| Pre-tax net operating income | $1,049,000 | 5,685 |
| Securities gains (losses) | $2,187,000 | 172 |
| Applicable income taxes | $772,000 | 3,005 |
| Income before extraordinary items | $2,464,000 | 2,139 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $2,464,000 | 2,138 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,027,000 | 793 |
| Cash dividends | $3,000,000 | 929 |
| Sale, conversion, retirement of capital stock, net | $2,554,000 | 342 |
| Net operating income | $801,880 | 5,403 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $25,550,000 | 1,337 |
| Total interest expense | $11,862,000 | 1,367 |
| Net interest income | $13,688,000 | 1,299 |
| Provision for loan and lease losses | $650,000 | 1,408 |
| Total noninterest income | $2,642,000 | 1,488 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $853,000 | 1,567 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $1,789,000 | 1,247 |
| Total noninterest expense | $10,642,000 | 1,349 |
| Salaries and employee benefits | $5,442,000 | 1,224 |
| Premises and equipment expense | $1,792,000 | 1,169 |
| Additional noninterest expense | $3,408,000 | 1,557 |
| Pre-tax net operating income | $5,038,000 | 1,428 |
| Securities gains (losses) | $687,000 | 340 |
| Applicable income taxes | $1,945,000 | 1,266 |
| Income before extraordinary items | $3,780,000 | 1,319 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $3,780,000 | 1,320 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $678,000 | 1,145 |
| Cash dividends | $2,000,000 | 1,264 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $3,326,580 | 1,450 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $24,582,000 | 1,394 |
| Total interest expense | $11,004,000 | 1,480 |
| Net interest income | $13,578,000 | 1,324 |
| Provision for loan and lease losses | $735,000 | 1,184 |
| Total noninterest income | $2,336,000 | 1,619 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $792,000 | 1,713 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $1,544,000 | 1,357 |
| Total noninterest expense | $10,197,000 | 1,388 |
| Salaries and employee benefits | $5,044,000 | 1,312 |
| Premises and equipment expense | $1,620,000 | 1,283 |
| Additional noninterest expense | $3,533,000 | 1,473 |
| Pre-tax net operating income | $4,982,000 | 1,512 |
| Securities gains (losses) | $326,000 | 482 |
| Applicable income taxes | $1,873,000 | 1,348 |
| Income before extraordinary items | $3,435,000 | 1,494 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $3,435,000 | 1,491 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,261,000 | 752 |
| Cash dividends | $2,000,000 | 1,219 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $3,223,100 | 1,559 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $20,344,000 | 1,523 |
| Total interest expense | $7,726,000 | 1,635 |
| Net interest income | $12,618,000 | 1,429 |
| Provision for loan and lease losses | $600,000 | 1,325 |
| Total noninterest income | $2,130,000 | 1,767 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $760,000 | 1,781 |
| Trading account gains and fees | $-141,000 | 4,885 |
| Additional Noninterest Income | $1,511,000 | 1,377 |
| Total noninterest expense | $10,268,000 | 1,426 |
| Salaries and employee benefits | $4,715,000 | 1,430 |
| Premises and equipment expense | $1,711,000 | 1,227 |
| Additional noninterest expense | $3,842,000 | 1,460 |
| Pre-tax net operating income | $3,880,000 | 1,834 |
| Securities gains (losses) | $195,000 | 506 |
| Applicable income taxes | $1,252,000 | 1,822 |
| Income before extraordinary items | $2,823,000 | 1,744 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $2,823,000 | 1,743 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $374,000 | 1,656 |
| Cash dividends | $1,900,000 | 1,165 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $2,688,450 | 1,819 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $18,783,000 | 1,667 |
| Total interest expense | $7,937,000 | 1,657 |
| Net interest income | $10,846,000 | 1,673 |
| Provision for loan and lease losses | $637,000 | 1,777 |
| Total noninterest income | $2,954,000 | 1,484 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $826,000 | 1,662 |
| Trading account gains and fees | $207,000 | 225 |
| Additional Noninterest Income | $1,921,000 | 1,290 |
| Total noninterest expense | $10,612,000 | 1,442 |
| Salaries and employee benefits | $4,758,000 | 1,421 |
| Premises and equipment expense | $1,659,000 | 1,289 |
| Additional noninterest expense | $4,195,000 | 1,460 |
| Pre-tax net operating income | $2,551,000 | 2,663 |
| Securities gains (losses) | $327,000 | 1,224 |
| Applicable income taxes | $956,000 | 2,366 |
| Income before extraordinary items | $1,922,000 | 2,619 |
| Extraordinary gains, net | $205,000 | 992 |
| Net income | $2,127,000 | 2,443 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $497,000 | 1,768 |
| Cash dividends | $250,000 | 4,831 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,702,910 | 2,739 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $22,655,000 | 1,591 |
| Total interest expense | $12,154,000 | 1,455 |
| Net interest income | $10,501,000 | 1,752 |
| Provision for loan and lease losses | $752,000 | 2,239 |
| Total noninterest income | $3,298,000 | 1,321 |
| Gross Fiduciary activities income | $255,000 | 1,011 |
| Service charges on deposit accounts | $794,000 | 1,701 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $2,249,000 | 1,153 |
| Total noninterest expense | $12,714,000 | 1,244 |
| Salaries and employee benefits | $4,855,000 | 1,377 |
| Premises and equipment expense | $2,202,000 | 1,028 |
| Additional noninterest expense | $5,657,000 | 1,181 |
| Pre-tax net operating income | $333,000 | 9,840 |
| Securities gains (losses) | $1,914,000 | 424 |
| Applicable income taxes | $692,000 | 3,014 |
| Income before extraordinary items | $1,555,000 | 2,962 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,555,000 | 2,996 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,458,000 | 1,219 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $234,340 | 9,765 |
* The data above is accumulated from the beginning of the year to the date posted. The data for Dec. 31 is the number for the entire year.