Granite Community Bank, N.A.
Granite Bay, CA · Owner: Granite Bancshares Inc
$103M
total assets, March 31, 2010
$103M
total assets, March 31, 2010
Granite Community Bank, N.A. was a national bank in Granite Bay, CA, owned by Granite Bancshares Inc. It failed on May 28, 2010, and Tri Counties Bank took over its deposits. At its last report it held $102.9 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2010
This bank failed
- Failed on
- May 28, 2010
- Assets
- $103M
- Deposits
- $94.3M
- Estimated cost
- $13.2M
- Deposits went to
- Tri Counties Bank, Chico, CA
Total assets
$103M
-25.0% in a year · -5.0% in a quarter
Deposits
$94.3M
-21.6% in a year · -7.4% in a quarter
Loans
$83.0M
-26.2% in a year · -6.7% in a quarter
Profit so far
-$345K
Jan 1 to Mar 31, 2010
Capital ratio
2.89%
-3.59 pts in a year
Return on assets
-1.31%
-0.73 pts in a year
Facts
- Type
- National bank
- Head office
- 4100 Douglas Boulevard, Granite Bay, CA, 95746
- County
- Placer
- Holding company
- Granite Bancshares Inc
- Established
- Jun 4, 2002
- Failed
- May 28, 2010
- Employees
- 35
- Branches
- 3
- Id
- b57315
Quarter by quarter
June 30, 2002 to March 31, 2010
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Granite Community Bank, N.A.?
$102.9 million in total assets and $94.3 million in deposits as of March 31, 2010, with assets down 25.0% from a year before. Its loans were $83.0 million.
How many branches does Granite Community Bank, N.A. have?
3 branches in California as of June 30, 2026.
Is Granite Community Bank, N.A. profitable?
No: it lost $345,000 from January 1 to March 31, 2010. Its return on assets was -1.31% a year; about 1% is typical.
Who owns Granite Community Bank, N.A.?
Granite Community Bank, N.A. is owned by Granite Bancshares Inc, its holding company.
When did Granite Community Bank, N.A. fail?
May 28, 2010. Tri Counties Bank of Chico, CA took over its deposits. The estimated cost of the failure was $13.2 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.