Granite State Bankshares, Inc. Supplements Fourth Quarter and Year-End Earnings Press Release

KEENE, N.H., Feb. 6, 2001 (PRIMEZONE) -- Granite State Bankshares, Inc. (Nasdaq:GSBI) is supplementing its press release dated January 12, 2001 which announced fourth quarter and year-end earnings. The following supplemental financial condition data as of December 31, 2000 is hereby provided:

                                              Amount
                                         ($ In Thousands)

   Core deposit intangible                  $     882
   Goodwill                                 $   6,293
   Leverage capital ratio                        7.52%
   Ratio of tier one capital
     to risk adjusted assets                    10.39%
   Ratio of total capital to 
      risk adjusted assets                      11.61%